Job Description

Job Title:

Strategic Sourcing Manager (Human Resources Category)

Location:

Toronto, ON (3 days in office currently but moving to 4 days in the near future)

Duration:

6 months

Contract Type:

T4 only

Pay Rate:

$44.82 o $50.34/Hour

Working hours:

37.5 hours weekly

Role Responsibilities:

Strategic Leadership & Advisory

Act as a trusted advisor to business partners, primarily within People & Culture. Influence and negotiate to achieve business and cost management objectives. Recommend and implement sourcing solutions based on strategic analysis. Assist in developing long-term sourcing plans aligned with enterprise goals. Identify emerging trends and issues to inform decision-making.

Sourcing Strategy & Execution

Lead end-to-end sourcing initiatives, including competitive events (RFI/RFP), supplier selection, and contract negotiations. Develop and execute category management frameworks and sourcing strategies. Conduct market assessments to identify preferred suppliers and evaluate risk. Apply disciplined procurement methodologies and ensure compliance with policies. Manage multiple sourcing projects simultaneously, resolving conflicting priorities.

Supplier Relationship & Risk Considerations

Build strong relationships with internal stakeholders and external suppliers. Collaborate with suppliers to create value, drive innovation, and mitigate risk. Incorporate supplier risk assessments results into agreements, working with colleagues in Legal & Regulatory Compliance, and Risk 4. Support Areas (RSAs) and engaging with Third Party Risk support teams. Maintain awareness of supplier performance, and consider controls in contracts to ensure alignment with Client's standards.

Data-Driven Insights & Continuous Improvement

Conduct analysis to inform strategic recommendations and develop business cases. Use performance metrics and dashboards to track progress and identify opportunities, including a sourcing pipeline of supplier agreements. Brings a mindset of continuous improvement and change leadership, proactively identifying opportunities to enhance processes and drive meaningful impact. Stay current on leading procurement practices and sourcing methodologies.

Must Have Skills:

3-5 years of relevant experience in strategic sourcing, procurement and contract negotiations Strong knowledge of sourcing/procurement processes and controls. Skilled in contract negotiation, business analysis, and project delivery. Strong communication, collaboration, and influence skills. Comfortable making data-driven decisions and synthesizing insights from research. Proficient in Excel and data analysis. Ability to build a strategic plan based on analysis without much oversight Able to lead an end-to-end sourcing and contract negotiation process Experience in a large complex organization and regulatory environment

Nice to Have Skills:

Banking/FI experience * Post-secondary degree in a related field or equivalent combination of education and experience.