INTERNSHIP DETAILS

Procurement Associate Co-op

CompanyCIBC
LocationToronto
Work ModeOn Site
PostedJune 15, 2026
Internship Information
Core Responsibilities
The role involves supporting supplier communication, assembling lower-risk contracts using templates, and contributing to analytics and reporting. The associate will also collaborate with internal business units and participate in the Solutions Lab to implement procurement improvements.
Internship Type
full time
Company Size
47865
Visa Sponsorship
No
Language
English
Working Hours
38 hours
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About The Company
CIBC is here to help all our clients reach their goals. We know the importance of reliable financial products and services, and we’re dedicated to providing them in a way that lets you bank however you want, whenever you want. With innovative tools designed around your priorities and a team fully focused on your success, you’ll get the insights you need to get even closer to achieving your goals. This culture of innovation and shared values of trust, teamwork and accountability are why we’ve been named a top employer in Canada. They’re also why a career at CIBC is more than a job—it’s an opportunity to grow and work alongside some of the brightest in Canada. La Banque CIBC est là pour aider tous nos clients à atteindre leurs objectifs. Nous connaissons l'importance de produits et services financiers fiables, et nous nous engageons à les fournir d'une manière qui vous permette d'effectuer vos opérations bancaires comme vous le souhaitez, quand vous le souhaitez. Avec des outils innovants conçus autour de vos priorités et une équipe entièrement centrée sur votre réussite, vous obtiendrez les informations dont vous avez besoin pour vous rapprocher encore plus de vos objectifs. Cette culture de l'innovation et les valeurs partagées de confiance, de travail d'équipe et de responsabilité sont la raison pour laquelle nous avons été nommés l'un des meilleurs employeurs au Canada. C'est aussi pourquoi une carrière à la Banque CIBC est plus qu'un emploi : c'est une occasion de grandir et de travailler aux côtés de certaines des personnes plus brillantes au Canada.
About the Role

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
As a Procurement Associate Co-op Student, you'll play a key role in supporting communication with suppliers and assembling CIBC’s supplier contracts. You’ll gain valuable experience balancing risks and requirements while learning about CIBC’s third-party supplier risk management process. You’ll be trained to assemble lower-risk contracts using CIBC’s models and templates and will contribute to analytics and reporting. Your day-to-day will involve asking questions, engaging with suppliers, and collaborating with colleagues from CIBC’s internal business units. Attention to detail and the ability to see situations from multiple perspectives are essential in this role. If you have an interest in contracts, risk management, or are considering a future in law or business, this opportunity is for you. Additionally, you'll join our Solutions Lab, working as part of a team to bring fresh perspectives to CIBC challenges and help implement solutions that directly benefit the Procurement team.

At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview.

How you'll succeed

Drafting Contracts – Write in a simple and clear manner, showing interest in contract language and its impact on business outcomes.

Relationship Building – Respond to requests with professionalism, providing high-quality customer service and liaising with internal business partners, risk stakeholders, and the Procurement team.

Collaboration – Demonstrate a passion for learning and growing your knowledge, contributing to team success and embracing new challenges.

Detail Oriented – Apply critical thinking and attention to detail to inform decision-making and ensure accuracy in your work.

Who you are

You’re passionate about people. You find meaning in relationships and build trust through respect and authenticity, engaging with a diverse network of partners.

You put our clients first. You engage with purpose to find the right solutions and go the extra mile because it’s the right thing to do.

You embrace and champion change. You continuously evolve your thinking and approach to deliver your best work.

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 work to recognize you in meaningful, personalized ways including a competitive compensation, a banking benefit*, wellbeing support and additional offers such as employee and family assistance programs 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.

*Subject to 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

  • CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

  • 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 test (such as simulation, coding, French proficiency).

  • We use artificial intelligence tools during the recruitment process. 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.

Expected End Date

2026-12-18

Job Location

Toronto-81 Bay, 14th Floor

Employment Type

Temporary (Fixed Term)

Weekly Hours

37.5

Skills

Collaboration, Communication, Teamwork
Key Skills
CollaborationCommunicationTeamworkContract DraftingRelationship BuildingRisk ManagementCritical ThinkingAttention To DetailCustomer ServiceAnalyticsReporting
Categories
Finance & AccountingLegalAdministrativeManagement & Leadership
Benefits
Competitive CompensationBanking BenefitWellbeing SupportEmployee And Family Assistance ProgramsMomentMakers Recognition Program