IT Sourcing Manager
Job in
Toronto, Ontario, C6A, Canada
Listed on 2026-10-08
Listing for:
Manulife group
Full Time
position Listed on 2026-10-08
Job specializations:
-
Business
Business Systems & Technology Analysis -
IT/Tech
Business Systems & Technology Analysis, IT Business Analyst
Job Description & How to Apply Below
Primary Responsibilities (Sourcing & Deals – core focus):
Lead IT/Software sourcing and contracting
Collaborate and lead cross-functional teams to execute low-to-medium value/complexity sourcing projects and contracting efforts for IT and Software (including SaaS and technology services as applicable).
Plan and execute renewals/amendments, including tracking key expirations and developing renewal workplans with stakeholders.
Develop PxQ baselines and contract analysis, determine sourcing strategy (competitive vs. single source), lead negotiations, and drive supplier selection recommendations.
Influence and shape business requirements needed to evaluate suppliers and enable timely, unified decisions.
Read, understand, and negotiate commercial terms in current contracts and proposals; coordinate with Legal/Risk/Finance SMEs to close key gaps and finalize contract documents.
Ensure initiatives are logged and progressed through Ivalua intake-to-contract workflow; coordinate required SMEs (e.g., VGM/VISM/Legal) to support risk and contracting steps.
Maintain clean deal documentation and workflow progression through procurement systems and CLM processes (including contract review/redlining practices in Sirion where applicable).
Manage relationships with key business partners and project owners to maintain momentum, surface blockers early, and ensure alignment on tradeoffs and approvals.
Governance for software/technology procurement
Support required governance inputs for technology purchases (e.g., architectural reviews/ARB thresholds and required pre-requisites where applicable) to ensure the deal can proceed through internal approvals and onboarding.
Benchmarking, analytics, and business cases
Conduct benchmarking and opportunity assessments to strengthen sourcing strategies and negotiation positions (e.g., rate/price benchmarking, deal structure options, value levers).
Provide business intelligence and insights to improve data-driven sourcing decisions and portfolio prioritization.
Metrics, dashboards, and executive communications
Define and track key performance metrics (pipeline, cycle time, sourcing outcomes) and develop dashboards or reporting views to support tower priorities.
Create executive-ready presentations that synthesize deal status, risks, tradeoffs, and opportunities for improvement.
AI
Contribute to AI-enabled procurement improvements that directly support sourcing execution - e.g., AI-assisted contract review/redlining, faster RFx drafting, improved spend/market intelligence, and workflow efficiency - by helping shape requirements, pilots, and adoption.
Required Qualifications
6+ years of progressive experience in IT/software sourcing, procurement, vendor management, and/or consulting with direct responsibility for negotiations and contracting.
Demonstrated ability to lead cross-functional sourcing initiatives and influence stakeholders without direct authority.
Strong commercial and analytical skills (baseline and market analysis; building negotiation strategy and options).
Strong written/verbal communication skills and ability to produce executive-ready materials.
Working knowledge of procurement tools and workflows (intake-to-contract and contract lifecycle…
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