Manager, Supplier Governance - Chicago, United States - Canadian Imperial Bank of Commerce

Description

Manager, Supplier Governance (Third Party Governance Office) page is loaded

Manager, Supplier Governance (Third Party Governance Office)

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locations

Chicago, IL

time type

Full time

posted on

Posted 2 Days Ago

job requisition id

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.
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Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

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STRATEGIC

BUSINESS UNIT DESCRIPTION

To oversee enterprise-wide supplier governance and relationship management processes to ensure that such activities are managed effectively and in compliance with CIBC policies and regulatory requirements.

JOB PURPOSE
As a Manager

, Supplier Governance you will join the

Third Party

Governance Office (TPGO) team and be responsible

to

s

upport

the

Third Party

Risk

Management

program to ensure there is a risk-based oversight/challenge of

third party

risks. Including coordinating between various program stakeholders for the execution of

third party

risk assessments, ongoing monitoring activities, preparing program reporting, metrics to support program oversight and assessment of effectiveness.

KEY ACCOUNTABILITIES
Manage the day-to-day operation of the

Third Party

Governance Office (TPGO) Supplier Governance Program that

identifies

and reports on all of CIBC's outsourced (material or non-material) strategic,

high-risk

and high value suppliers.

Identifies

processes, policies,

tools

and procedures at the bank that need to be created or refined to support effective management and governance of suppliers

.

Assist the

Third Party

Governance Office

(TPGO), Procurement Operations, and CIBC Legal by integrating CIBC processes, policies and procedures into supplier contractual terms and conditions as

required

Provide strategic thought leadership on how to not only address risk issues

identified

within the TPGO mandate but offer ideas and solutions on how to prevent and mitigate these risks from occurring in the future.

Assisting

the team in developing the overall Bank-wide Supplier Governance

monitoring

program, helping refine the program into an effective,

meaningful

and thoughtful program

Serve as the point of contact for line of business delivery teams and/or vendor management offices as well as service suppliers on supplier management process issues,

gaps

and improvement

opportunities

Support the

U.S.

Third Party Risk C

ommittee

(TPRC) in meeting their obligations of their mandate

Create, or revise existing processes, tools and templates that can be

leveraged

by LOB Operational and Delivery teams across the bank to manage and govern the bank's supplier relationships

.

Collaborate with other key stakeholders (to provide inputs for training related to effective management and governance of supplier

contracts)

Guide the business units so that the requirements for supplier management and governance are clear, complete,

consistent

and implemented on an on-going basis.

Conduct review meetings with LOB Operational and Delivery teams to

identify

and prioritize procedural development and improvements so that the business is realizing the value from the contract

Collaboratively work with stakeholders to ensure

timely

handling of all procedural and policy issues, disputes,

escalations

and negotiations with managed suppliers


US SHARED SERVICES
Help develop, test, and

maintain

a risk and criticality rating system specific to the US region.

Provide an escalation point for risks

identified

in the ongoing monitoring of our shared services so they may be assessed and remediated at US risk and regulatory levels.

Subject Matter Expert within the US Region on the services provided by shared arrangements including but not limited to the departments they touch and the relationship managers responsible.

US Control Group owner of Subcontracto

r

and Country risk.

The Manager will

be responsible for

QA'ing/Review TPRAs for shared services and assessing risks identified with shared services from a U.S. perspective

CROSS-FUNCTIONAL RELATIONSHIPS
Peers within TI&I Partner Groups and middle to senior management

Peers in risk management or

regulatory

affairs

Regulators, Auditors


COMPLIANCE REQUIREMENTS
/RESPONSIBILITIES
As an employee of CIBC, the incumbent must

comply with

all applicable CIBC and Line of Business policies, standards,

guidelines

and controls.


AUTHORITIES
/DECISION RIGHTS
As a key contributor to the business unit, this job has the authority to recommend changes to business

processes

in order to enhance operational efficiency and effectiveness.


JOB DIMENSIONS
Monitor and report on the risks associated with the bank's supplier portfolio

.

Monitor and report on the performance of the bank

'

s supplier portfolio.


KNOWLEDGE AND SKILLS
Excellent relationship management skills

Understanding of the internal and external business environment within which CIBC operates

Familiarity with sourcing and/or supplier processes,

tools

and templates

Familiarity with regulatory guidelines around supplier would be an asset

Experience with process modeling, writing process documentation

Knowledge of bank's process, standards and guidelines would be an asset

Strong communication

, interpersonal and presentation skills

Experience working in a global multi supplier environment and managing suppliers

Preferred

5 years of industry-related experience in sourcing, supplier governance and/or supplier management

Proven experience with supplier approaches in large complex

organizations/projects

Demonstrated ability to manage multiple complex and detailed initiatives simultaneously

Strong relationship building abilities with both internal and/or external partners

Experience with leading/influencing complex organization change initiatives will be an asset

At CIBC we enable the work environment most optimal for you to thrive in your role. This role will have a h

ybrid work schedule located in Chicago, IL.
California residents — your privacy rights regarding your actual or prospective employment
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

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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

Job Location
IL-70 W Madison St, 9th Fl

Employment Type
Regular

Weekly Hours
40

Primary Recruiter
Sara Stacy

Skills
Banking Procedures, Bank Regulations, Key Control, Management Reporting, Metrics Development, Organizational Processes, Prioritization, Procedure Creation, Regulatory Reviews, Risk Assessments, Risk Management, Risk Management Programs, Strategic Objectives, Supplier Governance, Third Party Compliance, Third Party Contracts, Third Party Due Diligence, Third Party Risk Management, Vendor Management, Work Processes

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