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Senior Sourcing Manager

2 months ago

Old Toronto Ontario, CA IG Wealth Management Full time

Location: Toronto, ON


IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments.


Under IGM Financial's unique business model based on leading brands and multi-channel distribution strategy, we’re IG Wealth Management. For over 90 years of business, we have grown to become one of the largest most respected companies in Canada. We are a leader in providing the best advice, experience and outcomes for our clients, personalized throughout their lifetime.


At IG Wealth Management, our vision is to inspire financial confidence.


This is your opportunity to build a career with a leading organization where you can learn, grow and thrive both professionally and personally. We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive while working remotely, while also providing resources to ensure physical and mental wellness were put front and center.


You will join a team that believes our success starts with the success of our clients, while working together as a team to realize our greatest potential. You will join a team that strives towards excellence while developing and sharing skills and knowledge. You can make a difference for our clients, the world around us and be part of a team that cares. We are dedicated to offering a hybrid work environment when applicable.


IG Wealth Management is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.


Position (details)

The Senior Strategic Sourcing Manager reports to the Director of Strategic Sourcing and is responsible for leading the execution of procurement activities in the functional areas of Procurement Strategy, Strategic Sourcing and Contract Development supporting financial services including mortgages, banking and insurance products, wealth management and asset management operations. The Senior Strategic Sourcing Manager will be responsible for leading the end-to-end sourcing activities for high complexity deals and where appropriate, provide support to the Director or AVP on confidential and highly strategic initiatives.

Responsibilities:

  • Strategic Oversight on the procurement plan for their assigned Business Unit(s) to meet Business objectives and savings targets.

  • Category/Supplier Strategy to identify opportunities for savings by conducting market research and spend analytics to support sourcing strategies, while driving continuous improvement.

  • Strategic Sourcing through interaction and collaboration with assigned Business Unit(s) to lead competitive selection processes and provide advisory support.

  • Contract Development & Management including negotiation of terms, finalizing the contract package for execution and coaching on contract compliance.

  • Third-Party Risk Management at the category/supplier/engagement level and collaborating with risk stakeholders to assist with developing appropriate mitigation strategies.

Requirements:

  • Undergraduate degree in a related field, preferably in business or finance.

  • Minimum 5 yrs experience in a financial environment and good understanding of wealth and asset management operations with exposure to mortgages, banking and insurance products.

  • Experience in managing the end-to-end RFx process and deal teams.

  • Skilled in contract negotiations supporting financial services categories such as Advisor services, fund operations, industry subscriptions and wealth product management.

  • Ability to manage senior to executive level stakeholders.

We thank all applicants for their interest in IG Wealth Management; however only those candidates selected for an interview will be contacted.


IG Wealth Management is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.


Please apply by September 2, 2024.

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