Senior Manager, Technology Sourcing

Senior Manager, Technology Sourcing

Thomson Reuters is seeking a Senior Manager, Technology Sourcing. Global Procurement manages and optimizes the third-party spend of Thomson Reuters. Our mission is to partner with stakeholders to acquire the right goods and services at best value and within an acceptable risk perimeter to drive our corporate objectives.

Hybrid role – a mix of working from home and in the office at least 3 days per week.

Reporting to the Senior Director Technology Sourcing, the Senior Manager, Technology Sourcing will take a leadership role informing sourcing strategy and leading sourcing engagements in categories focused on Infrastructure (Cloud, Software, Network, Telecom, Hardware, and Storage) and related managed services, as well as technology innovation.

Key responsibilities include mastering P&L management of spending, planning, and development of supplier relationships critical to respective lines of business.

• Develop Category Plans and Sourcing Strategies containing a portfolio of key initiatives that deliver the IT Strategy.
• Contribute to the development of the annual pipeline of IT sourcing initiatives, integrating with the financial planning process.
• Instill Global Procurement Methodology, as well as proper use of Procurement Policy across the organization.
• Deliver IT sourcing initiatives, achieving best value within acceptable risk.
• Draft, redline and negotiate supplier contracts within Thomson Reuters’ contracting standards and business objectives.
• Rationalize the number of IT suppliers and reduce fragmentation in the spend base to simplify the supplier landscape and drive commercial efficiency.
• Provide support and coaching to junior members of the larger Procurement organization.
• Collaborate with Procurement Legal, Risk Oversight Functions, Technology and Business stakeholders.
• Represent Procurement in governance forums with strategic IT suppliers, building and enhancing relationships with strategic IT suppliers and service delivery teams to deliver high levels of service while maintaining best‑in‑class commercial terms and conditions.

• Category Plans and Sourcing Strategies developed and approved by all relevant stakeholders.
• High‑quality collateral, sourcing project artifacts, and negotiated supplier agreements developed and approved in accordance with the Global Procurement Methodology.
• Significantly reduced third‑party risks with mitigation strategies for each IT sourcing initiative.
• Significant and sustainable annual reduction in Thomson Reuters cost‑base, demonstrated using a robust savings methodology consistently applied and rigorously approved.

• 5‑10+ years of experience in IT Sourcing including successful development and negotiation of IT agreements in excess of $20M value.
• Proven track record of delivering significant and sustainable cost reductions through effective implementation of a coherent IT sourcing strategy.
• Deep understanding of contract terms and contractual language; proven skills and experience in drafting and redlining contracts.
• Good external and internal relationship management and cross‑functional leadership skills.
• Experienced sourcing practitioner, understanding of best‑practice sourcing methodology and a demonstrated track record of working ethically to achieve excellent outcomes.
• Experience of leading negotiations with major global infrastructure suppliers (e.g., AWS, Microsoft Azure, Google Cloud Platform, Oracle, IBM, Snowflake, Tech Mahindra, BT Group, Cisco, Dell, HP, Net App, etc.).
• Knowledge of the sourcing marketplace and trends in the industry, including regulatory climate, and ability to assess impact of change in the context of the sourcing strategy.
• Expert analytics and ability to develop coherent and high‑quality sourcing collateral including business cases, contract summaries, presentations, and RFx materials.
• Experience in building strong relationships with senior IT and business executives.
• Bachelor’s degree, Procurement certification or equivalent experience. Experience in Technology‑related fields is an asset.

• Hybrid Work Model – flexible mix of office and remote days.
• Fle…