WMT Supplier Management Specialist

WMT Supplier Management Specialist - Bank of Montreal Toronto, Ontario, Canada Application Deadline: 11/27/2025 Address: 33 Dundas Street West Job Family: Procurement Keys for the Role Trusted Advisor: Influence decisions, negotiate agreements, and provide expert guidance on vendor relationships to the teams. Continuous Improvement: Monitor performance, identify trends, and implement enhancements in the current process. Analytical Excellence: Provide insights through data-driven decision-making, performance tracking, and reporting dashboards. Risk & Compliance Expertise: Identify legal and financial risks in supplier arrangements and provide actionable feedback to mitigate them. Strategic Leadership: Drive vendor management programs that improve productivity, service delivery, and quality of contracts. Responsibilities Acts as a trusted advisor to assigned business/group. Participates in initiatives as a subject matter expert for an aspect(s) of vendor arrangement or business process. Influences and negotiates to achieve business objectives. Identifies emerging issues and trends to inform decision-making. Assists in the development of strategic plans. Provides input to vendor management policy and procedures. Prepares quarterly management interpretation documents. Develops and manages business/group vendor management programs. Provides specialized support to investigate and resolve complex issues as escalated by end-users or assigned by management. Supports management and implementation of documentation/process controls/knowledge assets required for the program operations. Coordinates budgets and reporting to track actual results vs. budget. Prepares financial reconciliations and attestation certificates as required. Reviews the vendor management program/processes for effectiveness, considers industry trends and recommends enhancements; makes changes as required. Participates in the design, negotiation, and renewal of service level agreements (SLAs), technical service agreements (TSAs), or business partner agreements (BPAs) and assesses performance against them. Manages and administers supplier/service provider contracts in accordance with the Bank’s Outsourcing Model. May oversee supplier and service provider invoice/billing activities to monitor cost expectations and resolve billing and payment issues. Validates, prepares, and tests business continuity and disaster recovery plans for supplier arrangements. Educates and cross‑trains other team members as required. Supports the development and promotion of a business/group vendor management program solution. Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs. Provides advice and guidance to assigned business/group on implementation of supplier arrangements. Participates in relationship management between BMO internal business/group partners and suppliers/service providers. Supports the management of the vendor program, including developing program components, promoting the program, and ensuring the execution of all program components and product(s)/service(s) are delivered according to the contractual SLAs, TSAs, and BPAs in compliance with standards. Monitors and tracks supplier performance and addresses any issues. Executes work to deliver timely, accurate, and efficient service for routine & non‑routine transactions related to the program execution. Builds effective relationships with internal/external stakeholders. Ensures alignment between stakeholders. Breaks down strategic problems and analyzes data and information to provide program insights and recommendations. Designs and produces regular and ad‑hoc reports and dashboards. Focus is primarily on business/group within BMO; may have broader enterprise‑wide focus. Provides specialized consulting, analytical, and technical support. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and regularly handles non‑routine situations. Broader work or accountabilities may be assigned as needed. Qualifications Typically between 5 - 7 years of relevant experience and a post‑secondary degree in a related field or an equivalent combination of education and experience. Knowledge and experience managing vendor programs – In‑depth. Deep knowledge and technical proficiency gained through extensive education and business experience. Verbal & written communication skills – In‑depth. Collaboration & team skills – In‑depth. Analytical and problem‑solving skills – In‑depth. Influence skills – In‑depth. Data‑driven decision making – In‑depth. Salary and Pay Type Salary: $69,000.00 – $129,000.00 (Salaried) Key Skills General Insurance Corporate Sales Cost Estimation Benefits & Compensation Heavy Equipment AC Maintenance Employment Type Full‑Time Vacancy 1 #J-18808-Ljbffr