Kelly has partnered with one of Canada's Top 5 Banks to recruit for a Strategic Sourcing Manager in Toronto.
Start date : As soon as possible
Hours : Flexible between 8 : 00 AM - 4 : 00 PM or 8 : 30 AM - 4 : 30 PM 37.5 hours per week
Location : Hybrid (2 days per week in office) Mississauga, ON
Salary : $105,000-$115,000
Job Description :
Job Accountabilities :
CUSTOMER
- Act as liaison with business / executives and provide sourcing expertise and recommendations to business partners to optimize Sourcing strategies to enable the bank and business specific objectives and goals
- Within category specialty, support business partners by contributing to governance programs and management programs
- Manage category and strategic sourcing strategies and initiatives that support the bank and business partner needs and objectives as well as help to mitigate risks to the organization
- May provide guidance on Sourcing / outsourcing best practices
- Present research findings and make recommendations to management that support category and business partner strategies
- Leads supplier negotiations to maximize total cost of ownership in a given category and work with business partners
SHAREHOLDER
Adhere to enterprise frameworks or methodologies that relate to sourcing activities for our business areaEnsure respective sourcing programs / policies / practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business prioritiesConsistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriateEnsure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)Participate in cross-functional / SSG enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situationsConduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audienceConduct meaningful SSG analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs / policies / practicesMonitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities existsLead / facilitate and / or implement actions / remediation plans to address performance / risk / governance issuesActively manage relationships within and across various business lines, corporate and / or control functions and ensure alignment with enterprise and / or regulatory requirementsKeep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impactsMaintain a culture of risk management and control, supported by effective processes in alignment with risk appetiteEMPLOYEE / TEAM
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues / points of interestProvide thought leadership and / or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unitKeep current on emerging trends / developments and grow knowledge of the business, related tools and techniquesParticipate in personal performance management and development activities, including cross training within own teamKeep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activitiesContribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.Contribute to a fair, positive and equitable environment that supports a diverse workforceAct as a brand ambassador for your business area / function and the bank, both internally and / or externallyBREADTH & DEPTH
Highly seasoned professional role requiring substantial knowledge of Sourcing and procurement and / or knowledge of broader related areasIntegrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operationsInterprets internal / external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or servicesActs as a technical expert / lead integrating cross-function understanding within their own field of specialty; may manage team(s) of related specialistsLeads cross-functional teams or projects with significant resource requirements, risk and / or complexityIndependently manages end-to-end functional programsSolves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutionsUses sophisticated analytical thought to exercise judgement and identify solutionsImpacts the achievement of sub-function or business line objectives within the area they are accountable forWork is guided by policies and industry standards / methodsCommunicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholdersWorks autonomously as the lead and guides others within area of expertiseMUST HAVE
Post-Secondary Education7+ years of related experienceAdvance Negotiation Skills : Proficient in negotiating complex contracts and terms for IT, Business Operations, and Business ServicesStrategic Sourcing : Developing and implementing sourcing strategies aligned with business goalsSupplier Development : Working closely with suppliers to improve quality, costs, and delivery performanceRisk Management : Identifying and mitigating risks related to sourcing and supply chain disruptionsContract Negotiation and Management : Managing complex contracts, including terms, conditions, and performance metrics