Senior Sourcing Manager

3 days ago

Toronto ON, Canada Collabera Full time

This is with one of our banking client.

In this role, as Senior Manager, Sourcing, you will work in a dynamic and fast-paced Capital Markets environment. This role will drive and influence sourcing decisions, optimize the supply base, and relentlessly pursue cost savings/avoidance opportunities while balancing supplier risk in a highly regulated and exciting business platform. As a member of a high-performing team that demonstrates Procurement’s strategic value and partnership, you will identify and lead complex strategic sourcing and contracting of technology products, including enterprise and business application software and related services in support of the Capital Markets business.

Daily Responsibilities:

  • Establish strong and credible relationships across the Capital Markets business platform with the objective of understanding the business strategy and direction.
  • Develop strategic sourcing strategies and initiatives in tandem with the business for specific categories being sourced.
  • Build and continuously update a comprehensive and robust contract pipeline to proactively identify, manage, address, and report on sourcing opportunities.
  • Be a subject matter expert on the client’s Enterprise Procurement & Third-Party Risk policies and procedures to ensure 100% compliance.
  • Lead the end-to-end sourcing process.
  • Negotiate both complex and non-complex IT and non-IT agreements, including Master Agreements, Transaction Schedules, Statements of Work, Amendments, and other documents.
  • Develop and implement global efficiencies, standardized tools, technology, policies, and procedures related to Procurement.
  • Drive, innovate, and recommend opportunities to continuously improve and enhance the strategic value of Procurement to the organization.

Essential Program/Technology/Software Knowledge:

  • iValua, SAP, Jira knowledge is a plus.

Qualifications:

  • Post-secondary education in Business Administration, Finance, Engineering, or an equivalent 4-year university program in a relevant discipline, or a related Supply Chain or Procurement Designation.
  • Solid knowledge, understanding, and experience in strategic sourcing with 5+ years of relevant technology experience in sourcing.
  • Ability to interpret and negotiate contractual terms. Can revise legal documents as per the client's requirements and interpret supplier revisions.
  • A seasoned negotiator who can understand and exploit points of leverage, including leveraging contract terms/conditions to optimize cost structures and minimize risk.
  • Great understanding of commercial and non-commercial provisions of third-party documentation.
  • Strong financial modeling and analytical skills to identify and support negotiation strategies.
  • Sourcing/Procurement experience working in a global financial institution.

About Us:

Collabera is a leading Digital Solutions company providing software engineering solutions to the world’s most tech-forward organizations. With more than 25 years of experience, we have hired over 17000 employees across 60+ offices globally and currently place 10000+ professionals annually to support critical IT engagements at more than 500 client sites, 80% being the Fortune 500. {and 59% of the Fortune 50 (could use either stat)}

With Collabera, you

- Will get to work on numerous challenging and exciting projects, including UI/UX transformation, Blockchain, AI/Data Science, Cloud migrations, Cyber-Security and Engineering.

- At Collabera you have 80% chances of project extension or redeployment to other clients

- Will have endless opportunities to learn new technologies through our inhouse Training arm – Cognixia.

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