Procurement Lead

This position is within the Corporate Procurement Team, and will focus on Enterprise Real Estate. The Procurement Lead manages sourcing initiatives; identifies areas of opportunity through analyses of industries and supply markets; analyzes cost models for certain key products and services; and manages the performance of key suppliers. Limited guidance and oversight is required to be able to perform this job. The Procurement Lead works with internal company partners (client executives, directors, resources from the lines of business, Legal, Risk Management) and external parties (supplier organizations).

The Procurement Lead provides specialized sourcing expertise for moderate and complex deals with major company client and organizational impact. Working within the Corporate Procurement Team the Procurement Lead must meet business objectives in a high profile, strategic, rapidly evolving and competitive environment.

The details of this role that will help you decide if it’s the right move for you…
Location: Toronto, ON (Hybrid)
Competitive Rate
Duration: 9 months (Possibility of Extension)
Global opportunities for professional growth and development

Advantages
• Well known and reputable financial company
• Good opportunity to grow within a large financial institution
• 9 month contract
• Remote/Hybrid: Hybrid, 4-5 days per month.
• In-office Thursdays every week and fourth Friday every month.

Responsibilities
• Development and presentation of sourcing strategy recommendations as part of advisory service to clients based on their business requirements and industry analysis.

• Definition and solution of problems/issues in a creative or innovative way when clients' needs / requests / projects are presented in a general or ambiguous manner.

• Development, negotiation, execution and implementation of complex sourcing initiatives (including developing requests for proposals and other selection and supplier evaluation tools), while ensuring that company risks are mitigated, and regulatory requirements & company policies are adhered to.

• Participate in the enhancement or recommendation of changes to the operating practices and processes within Sourcing to improve requirements planning, procurement and supplier management processes.

• Execution and implementation of complex sourcing initiatives within the relevant expenditure categories.

• Successful development of agreement content in partnership with a legal resource.

• Leadership in negotiation strategy alignment and contract negotiations, as well as securing of authorizations for agreement execution.

• Discussion and negotiation of complex issues and requirements with senior management.

• Working with Supplier Relationship Manager and Business Lead to ensure company’s supplier management framework is implemented for high risk or high spend supplier under the scope of responsibility.



Qualifications
Must Have Requirement:



- 7-10 years procurement experience managing moderate and complex sourcing initiatives.

- ~5 years’ experience enterprise real estate services and contracts.

- Contract negotiation experience.



Nice to Have:



- PMAC certification or equivalent.

- Working experience with other major FIs.

- Experience in construction management, facilities management, managing vendors.

- Prior experience partnering on enterprise-wide or multi-line of business initiatives.



Soft Skills:



- Strong stakeholder management skills.

- Results Oriented

- Takes Initiative

- Analytic/Systemic Thinker

- Conceptual Thinker

- Team Builder

- Consensus Builder

- Relationship Builder

Summary
If this role sounds like a good fit for you, please APPLY ONLINE at www.randstad.ca

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.