View this new "Senior Manager, Corporate Services Sourcing" opening in Toronto, Canada. Apply for jobs in your niche area, and explore related local supply chain/logistics / jobs in Toronto and nearby county areas of Ontario Canada.
Lead complex, enterprise-wide sourcing initiatives across assigned categories, translating business priorities into clear category and sourcing strategies
Use spend analysis, market intelligence, supplier capability assessments, and demand insights to identify opportunities for savings, value creation, innovation, and risk reduction
Design and execute competitive sourcing events, including RFIs, RFPs, RFQs, evaluations, supplier shortlisting, negotiation strategies, and award recommendations
Negotiate commercially sound supplier agreements that balance total cost of ownership, service quality, risk, flexibility, and long-term business needs
Build trusted relationships with senior stakeholders and influence sourcing decisions through clear business cases, financial analysis, and procurement expertise
Partner with risk, legal, compliance, finance, and business teams to ensure sourcing activities align with internal policies, regulatory expectations, third-party risk standards, and the Bank’s risk appetite
Manage supplier relationships during strategic initiatives, including performance expectations, issue resolution, executive engagement, and continuous improvement opportunities
Identify consolidation, renewal, contract optimization, and supplier rationalization opportunities that improve commercial outcomes and operational efficiency
Track sourcing pipeline activity, benefits, risks, milestones, and stakeholder commitments to ensure disciplined execution and transparent reporting
Champion procurement best practices, including category planning, supplier relationship management, demand management, negotiation preparation, and benefits realization
Act as a strategic advisor and escalation point for supplier, commercial, and sourcing matters with potential enterprise impact
Support continuous improvement across procurement processes, tools, governance, and stakeholder engagement practices
Contribute to a client-focused, inclusive, and high-performance procurement culture that values collaboration, accountability, and measurable results
What you bring to the role:
Bachelor’s degree in Business, Supply Chain, Finance, Management, or a related field; Master’s degree is an asset
5–10+ years of progressive experience in strategic sourcing, procurement, category management, supplier management, or supply chain
Professional procurement designation such as CPM, CPSM, CSCMP, CIPS, or equivalent is preferred
Experience leading sourcing strategies in a large, complex, matrixed, or global organization
Strong commercial acumen, negotiation capability, and ability to build compelling sourcing recommendations supported by data and business insight
Proven ability to influence senior stakeholders, manage competing priorities, and lead cross-functional teams through ambiguity and change
Hands-on experience with spend analysis, supplier segmentation, market assessments, cost modelling, total cost of ownership, and benefits tracking
Understanding of third-party risk, regulatory expectations, and procurement governance within financial services or another highly regulated environment is an asset
Ability to interpret complex technical, operational, contractual, and financial information and translate it into practical supplier strategies
Excellent communication skills, including the ability to present clear recommendations, negotiate effectively, and build trust with business partners and suppliers
Familiarity with procurement technologies, e-sourcing tools, contract lifecycle management, supplier management platforms, analytics tools, or ERP systems
A continuous improvement mindset and commitment to delivering value, managing risk, and elevating procurement’s impact across the…
Position Requirements
10+ Years work experience
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