Director - Sourcing, Business Transformation and

3 weeks ago

Toronto, Canada BMO Financial Group Full time

250 Yonge Street Toronto Ontario,M5B 2L7

Works with stakeholders to develop and implement innovative sourcing and demand management strategies to achieve business and cost management objectives and minimize risk associated with BMO’s supplier spend.

**Strategy**:

- Leads the development and execution of the strategic vision for business/group spend portfolios where recommended strategies have considerable impact on customer satisfaction and financial results.
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
- Prepares and presents reports to business/group on key metrics and supplier risks to support better management of costs, risks, as well as provide input in business/group planning for future.
- Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
- Communicates abstract concepts in simple terms.
- Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.

**Execution**:

- Leads the execution of the sourcing strategy including the development and management of the project throughout its lifecycle.
- Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
- Manage multiple programs/projects simultaneously and resolve conflicting priorities and objectives.
- Directs negotiation of complex issues and requirements with senior supplier management and internal accountable executives.
- Establishes supplier management capabilities and governance for enterprise supplier relationships.
- Drives process improvement and innovation opportunities in sourcing and/or procurement of goods and services through knowledge of market trends and best practices.
- Uses performance measures to monitor and track performance, and address any issues.
- Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
- Effectively communicate key messages/recommendations/results to all managerial levels.

**Relationship Management**:

- Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
- Networks with industry contacts to gather competitive insights and best practices.
- Develops and leverage strategic relationships with key suppliers to identify opportunities for cost optimization, to incorporate market leading innovative practices, and to maximize value.
- Builds effective relationships with internal/external stakeholders and ensures alignment between stakeholders. Includes developing an understanding of business partner needs and expectations.
- Provides advice and guidance to assigned business/group on implementation of solutions concerning category and supplier strategies, including the end-to-end risk management requirements associated with Outsourcing and Supplier Risk (OSR).

**Qualifications**:

- Typically 9+ years of relevant strategy, transformation and/or procurement work experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Knowledge of Sourcing, cost management and/or transformation in Financial Services or Technology industries
- Knowledge of business analysis, project delivery practices and standards across the project lifecycle
- Negotiation knowledge, skill and ability
- Experience in compiling, synthesizing and drawing insights from a variety of research sources.
- Demonstrated ability to assess risks including identifying, quantifying and prioritizing risks.
- Technical leader viewed as a thought leader for innovation.
- Verbal & written communication and influencing skills
- Analytical and problem-solving skills
- Collaboration & team skills; with a focus on cross-group collaboration
- Exceptional team leadership
- Able to manage ambiguity

**We’re here to help**

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience

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