Sr. Contracts Specialist

at  CIBC

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit
CIBC.com
What You’ll Be Doing
The Contract Support Group supports CIBC’s Procurement Organization in the negotiation of its third party service provider contracts mitigating risk to CIBC. As a Senior Contracts Specialist, you will, using CIBC’s Supplier Risk Management framework, draft contracts, attend negotiation sessions and provide advisory support to the Procurement Organization and internal CIBC business partners on supplier contracts. You will be expected to manage a large number of deals with competing priorities and be able to communicate status on your workload with the Procurement Org team members that you are supporting.
At CIBC we enable the work environment most optimal for you to thrive in your role. To successfully perform the work, you’ll expected to be onsite at CIBC Square every Thursday and the 4th Friday of the month.

How You’ll Succeed

• Relationship Building- You will respond to assigned requests, providing professional high quality customer service for the assigned portfolio to ensure deal delivery and risk mitigation. You will liaise and interact with procurement and internal business partners, internal risk stakeholders and external supplier partners as part of the daily management of your portfolio
• Strong Drafting Skills - You have the ability to take concepts and put them into clear, concise contract terms and conditions. In drafting and reviewing contract terms and conditions, you will ensure that CIBC’s risks are mitigated while meeting business needs to get the deal done
• Attention to Detail – Accuracy is important to you and you focus on the details and getting things right
• Influencing and Negotiations – Be a strong influencer and negotiator with the ability to liaise with all levels of stakeholders. Manage contract drafting, negotiations and finalization, approval processes. Comply with CIBC’s Procurement and Supplier Governance policies and process. Act like an owner by taking accountability for client issues and know when to collaborate with others to build a better solution together
• Manage Multiple Priorities - Use effective self-management practices to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation

Who You Are

• You have 10+ years of experience drafting various contracts such as SaaS, Consulting and other Services Agreements. You have a deep understanding of key legal terms and conditions such as Limitation of Liability, Indemnities and Ownership clauses. You have strong negotiation skills and are able to find solutions that satisfy both parties. You are well versed in Microsoft Office Suite
• It’s an asset if you have current accreditation and good standing as a legal professional (i.e. lawyer, law clerk or paralegal) and experience in a Regulatory Environment.
• You’re driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.
• You understand that success is in the details. You notice things that others don’t. Your critical thinking skills help to inform your decision making.
• Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program, defined benefit pension plan, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
• Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact

Mailbox.careers-carrieres@cibc.com

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
• We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location
Toronto-81 Bay, 14th Floor
Employment Type
Regular
Weekly Hours
37.5
Skills
Contract Negotiations, Corporate Services, Procurement Services, Strategic Objectives, Vendor Management, Vendor Relationships, Work Collaborativel

Please refer the Job description for details