Job Description

We are seeking an experienced Strategic Sourcing Manager with a strong background in procurement, contract negotiation, and supplier management within financial services or large enterprise environments to support the delivery of enterprise-wide sourcing initiatives. The successful candidate will work closely with cross-functional partners — including People & Culture, Legal, Risk, and business stakeholders — to define sourcing strategies, optimize supplier relationships, and ensure that procurement solutions align with business objectives.

This role is ideal for a proactive, detail-oriented professional who excels in complex environments and is comfortable working with vendor ecosystems, data-driven decision-making, and regulatory frameworks within a large organization.

Location: Toronto, ON (Hybrid – 3–4 days in office)
Contract Length: 6 Months (Extension or FTE Conversion Possible)
Hours: 9 AM–5 PM EST (37.5 hours/week)

Pay: T4: CAD 34.82 - CAD 40.85 // IC: CAD 40.00- 46.92/hr

RESPONSIBILITIES

• Elicit, document, and validate sourcing requirements through stakeholder engagement, market analysis, and business needs assessment.
• Translate business objectives into actionable sourcing strategies, supplier selection processes, and contract negotiation plans.
• Conduct market research, supplier evaluations, and risk assessments to support sourcing decisions and category strategies.
• Lead end-to-end sourcing initiatives including RFI/RFP processes, vendor selection, and contract negotiations.
• Develop and maintain sourcing documentation, supplier agreements, and procurement artifacts aligned with enterprise standards.
• Collaborate with Legal, Risk, and compliance teams to ensure contracts meet regulatory, risk, and control requirements.
• Support supplier relationship management by monitoring performance, identifying opportunities for value creation, and mitigating risks.
• Identify, assess, and manage risks, dependencies, and change impacts across sourcing initiatives.
• Prepare clear, concise documentation and reports for stakeholders, including sourcing strategies, business cases, and performance metrics.
• Maintain data integrity and ensure compliance with procurement policies, enterprise standards, and regulatory requirements.

QUALIFICATIONS

• 5–8 years of progressive experience in strategic sourcing, procurement, and contract negotiation, preferably within financial services or large enterprise organizations.
• Proven experience delivering sourcing initiatives across vendor management, category management, and contract execution.
• Strong understanding of procurement lifecycle processes, sourcing methodologies, and supplier risk management.
• Demonstrated ability to lead end-to-end sourcing initiatives, including competitive events (RFI/RFP) and contract negotiations.
• Experience working within regulated environments and collaborating with Legal, Risk, and compliance stakeholders.
• Proficiency in Excel and data analysis, with the ability to synthesize insights into strategic recommendations.
• Excellent analytical, documentation, and communication skills.
• Ability to influence stakeholders, negotiate effectively, and manage multiple priorities in a fast-paced environment with minimal supervision.

Preferred

• Experience in large enterprise or regulated financial institutions.
• Familiarity with supplier risk frameworks, third-party risk management, and procurement governance models.
• Strong stakeholder management experience, including working with senior leadership.
• Post-secondary degree in Business, Supply Chain, Finance, or related discipline.

Education
Post-secondary degree in Business, Supply Chain Management, Finance, or related discipline.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or other non-merit factor. We are committed to creating a diverse and inclusive environment for all employees.