View this new "Director, AI & Emerging Technology Sourcing" opening in Toronto, Canada. Apply for jobs in your niche area, and explore related local it/tech / jobs in Toronto and nearby county areas of Ontario Canada.
Own sourcing strategy for AI and emerging tech categories including LLM providers, AI platforms, GPU/compute infrastructure, vector databases, and AI-enabled SaaS.
Build and lead a high-performing team dedicated to AI and emerging tech sourcing; coach for both performance and long-term development and foster an inclusive culture.
Serve as the Bank's senior commercial voice on AI sourcing: advising Technology, Data, and business executives on build vs. buy vs. partner decisions and deal structures that preserve optionality in a fast-moving market.
Decode and negotiate complex commercial models: token-based pricing, consumption tiers, committed use discounts, enterprise agreements, model access rights, fine-tuning economics, and reserved capacity.
Lead high-stakes negotiations with hyperscalers and AI-native vendors: balancing cost, model performance, data rights, IP protection, indemnification, and responsible AI commitments.
Partner with Technology, Data, Legal, Privacy, Risk, and Model Risk Management to ensure AI sourcing aligns with regulatory expectations and internal AI governance - consistent with the Bank's risk appetite, Operational Risk, Regulatory Compliance, and Conduct Risk frameworks.
Shape commercial guardrails for enterprise AI adoption: evaluation criteria, benchmarking clauses, exit rights, audit rights, and data/model portability.
Build market intelligence on the AI vendor landscape: pricing trends, benchmark deals, model capability, and competitive positioning across peer banks.
Own executive-level supplier relationships with strategic AI partners - governance, escalations, and innovation opportunities.
Track and report benefits, risks, and commitments across the AI sourcing pipeline with executive-ready transparency.
Understand how the Bank’s risk appetite, risk culture and risk policies & processes should be considered/adhered to in day-to-day activities and decisions.
Create an environment in which his/her team pursues effective and efficient operations of his/her respective areas, while ensuring the 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, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.
Build a high-performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviors; communicating vison/values/business strategy; and, managing succession and development planning for the team.
Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:
Minimum 10 years of progressive strategic sourcing / procurement experience, with clear exposure to AI, SaaS, cloud, or data platform deals.
Bachelor's degree required; CPM, CPSM, CIPS, or equivalent designation preferred. Advanced degree or AI-related certifications are an asset.
People leadership experience - building and coaching teams, ideally in emerging or fast-evolving categories.
Strong grasp of AI/ML commercial constructs - token pricing, inference vs. training costs, model licensing, data usage rights, and hyperscaler AI services.
Curiosity and fluency in AI trends - foundation models, agentic AI, RAG, fine-tuning, and responsible AI frameworks.
Proven ability to negotiate with sophisticated tech vendors and influence VP/SVP/EVP stakeholders through ambiguity and change.
Hands-on with TCO modelling, benchmarking, and scenario analysis for novel pricing models.
Awareness of third-party AI risk, model risk management, and evolving AI regulation in financial services.
Clear executive presence, results orientation, and demonstrated ability to drive rapid and significant change.
What’s in it for you?
Front-row seat to AI transformation directly shape how Scotiabank partners with leading AI companies.
Executive visibility through…
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