AI summary
As an intern in the Strategic Sourcing & Third-Party Management team, you'll support procurement, contract management, and operational reporting while collaborating with multiple stakeholders. You'll gain hands-on experience in improving team efficiency through AI and data analytics.
Job Description
The Strategic Sourcing & Third-Party Management (SS&TM) team is seeking a Co-op Student to support key initiatives across Procurement, Contract Management, Third-Party Risk Management (TPRM), operational reporting, process improvement, and AI-enabled innovation.
This role works closely with Legal, Privacy, Information Security, Operational Risk Management, Finance, Technology, and business stakeholders to support the sourcing, contracting, onboarding, governance, and lifecycle management of third-party relationships.
The successful candidate will gain hands-on experience in Strategic Sourcing, Contract Management, Third-Party Risk Management, Vendor Governance, Business Process Improvement, Data Analytics, and the practical application of Artificial Intelligence within a regulated financial services environment.
In addition to supporting daily operations, this role will help identify opportunities to improve team efficiency through the responsible adoption of AI, automation, analytics, and digital tools.
Responsibilities
The Core Responsibilities of the Job
Procurement & Third-Party Management Support
- Support the administration and coordination of Third-Party Intake requests and supplier onboarding activities
- Review intake submissions for completeness and follow up on outstanding information and documentation; Assist with maintaining accurate third-party records within the TPRM platform
- Maintain intake (onboarding, contract, renewal) and third-party management pipeline trackers
- Assist with gathering supplier due diligence documentation and maintaining; Coordinate stakeholder follow-ups and assist with workflow management activities.
- Support operational reporting and data management activities across Procurement and Third-Party Management functions.
- Support contract lifecycle management activities, including filing executed agreements, amendments, statements of work, renewals, and termination notices within the contract repository
- Maintain organized contract records and archive documentation in accordance with established record retention requirements
- Retrieve contracts and supporting documentation in response to ad hoc stakeholder requests
- Conduct contract repository searches and compile agreement inventories based on specified criteria for Procurement, Legal, Operational Risk, Vendor Management, and business stakeholders
- Facilitate the electronic upload and maintenance of contract records within the Mitratech Third-Party Risk Management (TPRM) platform
- Update and maintain contract renewal, expiration, notice, and termination dates within the TPRM system to support automated notifications and ongoing monitoring activities
- Review and validate contract metadata, vendor records, and related information for accuracy, completeness, and reporting readiness; Identify and remediate data quality gaps, inconsistencies, and missing information across contract and vendor records
- Support contract reporting, audits, data reconciliation activities, and document management initiatives
- Prepare recurring reports, dashboards, presentations, and management updates
- Support dashboard development using Excel, Power BI, and other reporting tools
- Conduct supplier, market, and industry research
- Summarize research findings and business insights for the leadership
- Support data validation activities to ensure reporting accuracy and consistency
- Identify opportunities to improve Procurement and Third-Party Management processes through approved AI, automation, and digital solutions
- Use approved AI tools to support research, reporting, documentation, meeting summaries, and workflow analysis; Participate in testing AI-enabled tools, workflow automations, and productivity solutions
- Review and validate AI-generated outputs to ensure accuracy, completeness, confidentiality, and appropriate business use
- Support the development of knowledge repositories and self-service resources for the SS&TM team
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- Coordinate meeting agendas, action items; prepare meeting materials, status updates, and project documentation
- Collaborate with Operational Risk, Privacy, Information Security, Finance, Human Resources, Technology, and business stakeholders
- Contribute to special projects, transformation initiatives, and operational improvement efforts
Contract Management & Contract Repository Administration
Reporting, Analytics & Business Insights
AI, Automation & Process Innovation
Project & Stakeholder Coordination
How to Submit Your Application
Requirements
Let's Talk About You!
- Pursuing an undergraduate degree in Business, Commerce, Finance, Economics, Supply Chain Management, or related field
- Knowledge of procurement, supply chain, vendor management, or business management is an asset
- Ability to analyze and simplify processes and identify opportunities for improvement
- Strong Excel and AI tool skills; Power BI experience is an asset
- Strong analytical and problem-solving skills; Strong attention to detail, organization, and sense of ownership
- Ability to work independently and collaboratively with internal partners
- Strong written and verbal communication skills
- Proactive, curious, and eager to learn, with a strong work ethic and drive to go above and beyond
This role will be based in either the Saskatoon or Toronto office.
About the job
- Posted on
- Oct 27, 2026
- Job type
- Internship
- Location
- TorontoHybrid
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