Senior Sourcing Manager

5 days ago


Toronto Ontario, Ontario, 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.



  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Manager, Sourcing at the Royal Bank of Canada, you will play a pivotal role in providing procurement support for the T&O platform while influencing sourcing decisions, driving supplier consolidation, cost savings, and cost avoidance efforts.Key ResponsibilitiesNegotiate complex supplier contracts, support business groups in managing...


  • Toronto, Ontario, Ontario, Canada Argentus Supply Chain Recruiting Full time

    Argentus is working with a brand new client in the Public Sector space on a bilingual Procurement role. This renowned Public Sector organization has an incredible history, with a strong reputation for service delivery and a world-class strategic sourcing group. Today, they have tasked Argentus with a search for a Bilingual Senior Sourcing Specialist for a...


  • Toronto, Ontario, Canada MHI RJ Aviation Group Full time

    Job Title: Senior Manager of Sourcing and ProcurementAt MHI RJ Aviation Group, we are seeking a highly experienced Senior Manager of Sourcing and Procurement to lead our strategic sourcing initiatives. This is a fantastic opportunity for a skilled professional to drive business growth, improve efficiency, and develop strong relationships with suppliers.About...


  • Toronto, Ontario, Canada Greater Toronto Airports Authority Full time

    Job SummaryWe are seeking a highly skilled Senior Sourcing Specialist to join our team at the Greater Toronto Airports Authority. In this role, you will provide strategic sourcing support and leadership to the Sourcing group.About the Role:You will develop client relationships, maintain awareness of client business mandates, and formulate quarterly, annual,...


  • Toronto, Ontario, Canada TD Full time

    **About TD:**TD is a global leader in the financial sector, representing the fifth largest bank in North America by number of branches. Every day, we deliver an exceptional customer experience to over 27 million households and businesses in Canada, the US, and around the world.Our team of over 95,000 colleagues is driven by our vision to be a better bank and...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Summary:Royal Bank of Canada is seeking a skilled Senior Manager, Sourcing to join our team. This role will provide procurement support for the RBC T&O platform while influencing sourcing decisions, driving supplier consolidation, cost savings, and cost avoidance efforts.About the Role:We are looking for an experienced professional with a strong...


  • Toronto, Ontario, Ontario, Canada MHI RJ Aviation Group Full time

    Company Name: MHI RJ Aviation ULCLocation: Downsview, ON, CA, M3K 1Y5 or Boisbriand, QuebecDirector, Strategic SourcingOur company MHI RJ Aviation Group (MHIRJ) provides comprehensive critical operational, engineering and customer support solutions including maintenance, refurbishment, technical publications, marketing and sales activities for the global...


  • Toronto, Ontario, Canada Mitsubishi Heavy Industries Full time

    Job Summary:MHI RJ Aviation Group is seeking a highly skilled Director, Strategic Sourcing to lead and optimize sourcing, procurement, and vendor management strategies to deliver efficient sourcing programs for the CRJ Program. This role includes negotiating and executing long-term sourcing strategies, managing supplier relationships, and ensuring...

  • Sourcing Analyst

    1 week ago


    Toronto, Ontario, Ontario, Canada Robertson & Company Ltd. Full time

    Must Have Skills: • Vendor sourcing background • Experience with vendor contractors (creating and negotiating) • Relevant strategic sourcing, supply chain and/or procurement work experience • Knowledge of sourcing/procurement processes, procedures, and controls • Knowledge of business analysis, project delivery practices and standards across the...


  • Toronto, Ontario, C6A, Ontario, Canada The Home Depot Canada Full time

    With a career at The Home Depot, you can be yourself and also be part of something bigger. Position Profile: The Sourcing Program Manager will be responsible for the execution of Product Development & Global sourcing objectives to deliver sales, margin, and penetration growth targets. This role drives the development of private brands that are globally...


  • Toronto, Ontario, C6A, Ontario, Canada University Health Network Full time

    The University Health Network, where “above all else the needs of patients come first”, encompasses Toronto General Hospital, Toronto Western Hospital, Princess Margaret Cancer Centre, Toronto Rehabilitation Institute, West Park Health Care Centre and the Michener Institute of Education. The breadth of research, the complexity of the cases treated, and...


  • Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Discover a dynamic opportunity to shape the future of strategic procurement at The Toronto-Dominion Bank (Canada). As Senior Strategic Procurement Manager - Global Sourcing Lead, you will play a pivotal role in driving our organization's growth by leveraging your expertise in global sourcing and procurement.Company OverviewThe Toronto-Dominion Bank (Canada)...


  • Greater Toronto Area, Canada, Ontario Lactalis Canada Full time

    Job Title: Senior Manager, Strategic Sourcing Location: Greater Toronto AreaAbout Us:Welcome to Lactalis Canada – where we take pride in being recognized as one of Forbes' 2022 top employers! Our journey revolves around enhancing the lives of Canadians through a rich variety of dairy delights, including some of Canadian’s favourite dairy brands such...


  • Toronto, Ontario, Canada MHI RJ Aviation Group Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Sourcing Director to lead our CRJ program. The ideal candidate will have 7-10 years of experience in strategic sourcing, procurement, or supply chain management, with at least 3-5 years in a leadership role.Key ResponsibilitiesNegotiate and execute long-term sourcing strategies to deliver...


  • Toronto, Ontario, Canada Scotiabank Full time

    About This RoleAt Scotiabank, we are seeking a highly skilled and experienced Senior Manager, Technology Sourcing to join our team.This role will be responsible for leading the development of strategic sourcing strategies, building and maintaining relationships with key stakeholders, and ensuring the effective management of technology procurement...


  • Toronto, Ontario, Canada Munich Re Full time

    About the RoleWe are seeking a highly skilled Senior Software Sourcing Strategist to join our Global IT Procurement team.


  • Toronto, Ontario, Canada Aviso Wealth Full time

    About the RoleWe are seeking a Senior Portfolio Analyst and Strategic Sourcing Lead to join our Strategy & Business Transformation team at Aviso Wealth.Job SummaryThis is an exciting opportunity for a seasoned professional to lead the development and implementation of sourcing strategies, drive transparency and governance in vendor management, and support...


  • Toronto, Ontario, Canada TD Full time

    We are seeking an experienced Director of Strategic Sourcing and Vendor Management to join our team at TD. This is a key role that will drive the development and implementation of strategic sourcing strategies across various categories, ensuring alignment with business objectives and goals.As a Director of Strategic Sourcing and Vendor Management, you will...


  • Toronto, Ontario, Canada Mitsubishi Heavy Industries Full time

    We are seeking an experienced Global Sourcing Director to join our team at Mitsubishi Heavy Industries. This is a critical role that will oversee the development and implementation of comprehensive sourcing strategies to support our CRJ Program.Company OverviewMHI RJ Aviation Group, a subsidiary of Mitsubishi Heavy Industries, provides critical operational,...


  • Toronto, Ontario, Canada CB Canada Full time

    Job Title: Contract Category ManagerJob SummaryCB Canada is seeking a highly skilled Contract Category Manager to join our team. As a key member of our procurement team, you will be responsible for sourcing and negotiating contracts with suppliers, managing supplier relationships, and driving cost savings initiatives.About the RoleSupport the Senior Director...