Strategic Sourcing, Business Partner

2 weeks ago

Old Toronto, Canada Interac Corp. Full time

Strategic Sourcing, Business Partner page is loaded Strategic Sourcing, Business Partner Apply locations Toronto time type Full time posted on Posted 25 Days Ago job requisition id REQ-1152

Strategic Sourcing, Business Partner
 

At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.

Want to make a lasting impact amongst a community of creative thinkers, problem solvers, and high-performance application developers? We want to hear from you.

The Strategic Sourcing, Business Partner will support Interac’s strategic sourcing and vendor selection process. You will provide support in optimizing the selection and management of new vendors through the strategic sourcing and RFP processes. You will ensure the best value and quality of Interac vendors are selected by supporting the coordination of RFPs, strategic sourcing initiatives, analyzing supplier capabilities and collaborating with stakeholders on the selection of vendors.

You’ll be responsible for:

  • Collaborating with stakeholders to define requirements for products/services, creating comprehensive RFP documents including specifications, evaluation criteria and terms, and managing the RFP process including distribution, vendor communication, and response evaluation.

  • Assisting the Strategic Sourcing Leader in conducting market research to identify potential vendors, evaluate vendor qualifications and capabilities and financial stability.

  • Assisting the Strategic Sourcing Leader in analyzing vendor proposals including pricing and contractual terms, negotiating contracts with vendors to optimize costs/terms and collaborating with internal stakeholders to ensure business needs are met.

  • Assisting the Strategic Sourcing Leader to manage contract negotiations, work with Legal to draft and finalize contracts, and ensure terms align with organization standards.

  • Supporting the Strategic Sourcing Leader to utilize data analytics to drive insights and provide reporting on sourcing/procurement activities, prepare reports to stakeholders on key sourcing metrics, and identify opportunities for process improvements.

You bring:

  • Eligibility to work for Interac Corp. in Canada in a full-time capacity.

  • Payment/fintech knowledge (Interac products, platforms, corporate strategy)

  • Strong ability to analyze and interpret data to make informed decisions, conduct cost-benefit analysis to evaluate vendor proposals and optimize costs.

  • Strong skills in conducting market research to identify potential vendors, industry trends and best practices with the ability to assess and evaluate vendor qualifications, capabilities and financial stability.

  • Capability to plan and manage the end-to-end RFP process including timelines, ability to manage multiple projects simultaneously and prioritize tasks effectively.

  • Proficiency in drafting comprehensive RFP documents, specifications, and communications.

  • Precision in reviewing and analyzing vendor proposals, contracts and other documentation, ensuring the accuracy and completeness of sourcing/procurement related documentation.

  • Ability to think critically and analyze complex situations, identify issues and propose solutions.

Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:

  • 5-year employment verification;
  • Canadian criminal record check;
  • Education verification;
  • Canadian ID cross-check;
  • Public safety verification; and
  • Credit inquiry

How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:

Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.

Core Values: They define us. Living them helps us be the best at what we do.

Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.

Education: To ensure you are the best at what you do we invest in you

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Interac is one of Canada’s original FinTechs. We launched Interac e-Transfer years before other countries offered similar services and continue to innovate to improve the lives of Canadians. Every day, we enable millions of transactions – we see our work in action each time someone taps their debit card to buy coffee, orders from a local business online, or sends money via Interac e-Transfer to a friend. Our work shapes Canada’s digital future – whether it’s building a new e-Commerce solution, launching digital verification services, enabling real-time payments, or building on our resilient networks that enable coast-to-coast transactions. Visit Interac.ca to learn more.

#InteracLife

Interac empowers our employees to live their best lives – that means exploring what-ifs, finding balance, and doing work we’re passionate about. We’re a GTA Top Employer with best in class benefits including:

  • Competitive compensation and bonuses
  • Extra-long weekends, shortened ‘Summer Hours’ Fridays and Personal Days
  • 100% company paid benefits and RRSP, with no matching required
  • Development opportunities and tuition assistance

Accommodations

Interac Corp. believes in providing an inclusive workplace where all individuals have the opportunity to succeed. We are committed to doing so by providing accessible employment practices. Contact a member of the Human Resources department if you need accommodation at any point in the application process or want more information about our Accessibility Policy, which is also available online here .

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