Manager, Strategic Sourcing

Join a purpose driven winning team, committed to results, in an inclusive and high‑performing culture.

Role Overview
The Manager, Strategic Sourcing is responsible for leading bank‑wide sourcing and project activities for the assigned category portfolio while working closely with senior business unit leadership and other sourcing leaders. The Manager will collaborate with senior business unit leadership and sourcing leaders in pursuit of improvements in quality, innovation, and service levels. The Manager will have the opportunity to improve upon current processes with a goal of centralizing and consolidating company‑wide supplier selection.

By contributing to a competitive marketplace this role will consistently drive reductions in the total cost of goods and services procured.

Key Responsibilities Develop relationships with business leaders to support enterprise objectives, influence key stakeholders and jointly develop strategic sourcing strategies while collaborating on sourcing initiatives and projects.

Collaborate with business unit and operations leaders to fully understand key business drivers, spend drivers, and achieve required support levels.

Manage business value through the development of high quality and cost‑effective supply relationships, while pursuing and championing total cost of ownership (TCO) savings directly by savings captured through leveraging bank‑wide purchasing volume, strategic supplier relationships, demand management or indirect savings realized by driving innovation and/or enhancing the overall effectiveness of the supply management process.

Directly manage and implement best practices in sourcing initiatives.

Manage category within and across the bank’s business segments, and serve as a key contributor to a well‑developed and evolving supplier management process.

Track sourcing initiatives for multi‑functional stakeholder teams, ensuring effective strategy development, market assessments, RFP processes, contract and supplier negotiation, and supplier management while enabling collaboration and innovation between stakeholders and suppliers.

Establish and develop ongoing strategic relationships with key suppliers during major sourcing/project initiatives.

Proactively work with the business line and contract owners to understand business needs, strategy, and pipeline of contract renewals to build an overall supplier contract strategy (consolidate and reduce contracts where opportunity exists).Consolidate information around performance and renewals and support category sourcing leads to inform category sourcing and supplier strategies.

Develop top‑to‑top enterprise supplier meeting facilitation materials and conduct top‑to‑top supplier meetings for enterprise suppliers.

Act as the issues/incident escalation point for the supplier that may have an enterprise‑wide impact or is not resolved at the business level.

Contribute to a disciplined effort to influence spend and drive cost savings across all business segments.

Support consistent application of procurement processes across constituent groups.

Champion a customer‑focused culture to deepen client relationships and leverage broader bank relationships, systems and knowledge.

Understand how the bank’s risk appetite and risk culture should be considered in day‑to‑day activities and decisions.

Actively pursue effective and efficient operations of the respective areas, ensuring adequacy, adherence to and effectiveness of day‑to‑day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk.

Champion a high‑performance environment and implement a people strategy that attracts, retains, develops and motivates team members by fostering an inclusive work environment, communicating vision/values/business strategy and managing succession and development planning for the team.

Qualifications Bachelor’s degree in management, business, or related field; master (MA or MSc) in business or related field preferred.

Minimum of 3 to 5 years progressive sourcing experience.

CPM (Certified Purchasing Manager) preferred.

Global sourcing experience.

Ability to bridge communications…