The Consultant, Vendor Governance role at CIBC supports the Director, Business Effectiveness in establishing and maintaining robust vendor governance practices. Key responsibilities include developing and implementing a vendor governance framework, overseeing post-contract activities, driving continuous improvement, ensuring compliance with CIBC policies and regulatory requirements, and collaborating with business leaders to align vendor governance with strategic objectives and risk management.
Develop, implement, and maintain a comprehensive vendor governance framework, including standardized processes, controls, and documentation.,Create and manage post-execution vendor governance task lists, run books, and governance calendars.,Ensure all governance activities align with CIBC policies and regulatory requirements.,Collect, validate, and maintain key vendor artifacts such as SOC2 reports, insurance certificates, and SLA documentation.,Support records retention initiatives and ensure proper documentation for audit readiness and regulatory compliance.,Organize and facilitate regular vendor governance meetings focused on performance, compliance, risk, and continuous improvement.,Track, follow up, and report on action items, issues, and outcomes from governance meetings.,Coordinate and support control testing, internal/external audits, and other governance assurance activities (e.g., SOX, OSFI, litigation).,Monitor vendor adherence to contractual obligations, SLAs, and regulatory requirements, escalating issues as necessary.,Proactively identify, evaluate, and address vendor-related issues, risks, and opportunities for improvement.,Report governance findings, risks, and remediation activities to senior management, recommending solutions and best practices.,Provide guidance and support to internal stakeholders on vendor governance requirements, processes, and best practices.,Consult and coordinate with business units, legal, risk, and compliance teams to ensure effective governance integration.,Support other business management activities related to vendor governance as required, contributing to strategic initiatives and process enhancements.
5 years of experience,Bachelor’s degree or equivalent in Computer Science or Technical discipline,Ability to identify risks, gaps, and opportunities for improvement in vendor governance processes,Thrive in environments where empowered to lead, innovate, and deliver results,Understand the importance of collaboration and stakeholder engagement in driving successful vendor governance outcomes,Strong sense of curiosity and passion for growing knowledge,Certified professional (implied, no specific certification mentioned)
Bachelor's Degree
37.5 hours/week
Must be legally eligible to work at the location(s) specified.
CIBC is a leading North American financial institution with 14 million personal banking, business, public sector, and institutional clients. It offers a full range of advice, solutions, and services through its leading digital banking network and locations across Canada, the U.S., and around the world.
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