Strategic Sourcing Manager

1 month ago

Toronto, Ontario, Canada Brookfield Asset Management Full time

Job Title: Strategic Sourcing Manager

Job Summary:

This role sits within the Technology Services Group (TSG), in which the Strategic Sourcing Manager will report to the Director of Global Sourcing and will be accountable for, but is not limited to;

  • Developing and managing their Sourcing category strategy
  • Leading the Strategic Sourcing process (end-to-end)
  • Managing the contract lifecycle for various technology Vendors
  • Fostering and managing Vendor/Client relationships
  • Identifying new ways to deliver value-based Sourcing services (Smarter-Faster-Cheaper)
  • Ensuring clarity of communication (written and verbal)

Responsibilities:

  • Effectively manage the Sourcing lifecycle; Requirements gathering Develop relevant Sourcing strategies, that support the business needs and objectives Build and run RFx's Lead commercial negotiations which are backed by commercial analysis to ensure fact based and informed decision making Manage the Vendor selection process, which includes; Vendor Risk Assessment Cyber-Security Review (if applicable) Compliance Review (if applicable) Track, document, and present RFx results and recommendations for Stakeholders and Senior Leadership approval Support Vendor onboarding as needed Analyze changing conditions and perform analysis within managed commodity scope.
  • Tactfully develop and negotiate commercial terms
  • Identify risk and exposure within Vendor proposed terms and conditions
  • Develop opportunities to drive cost optimization and operational efficiencies within current and new 3rd party arrangements
  • Prioritize and assess the urgency to resolve inquiries and escalations pertaining to Vendor/Contract related matters

Qualifications & Requirements:

  • Minimum 3 years degree or diploma in Business Management or related discipline, OR 7-10 years' experience in Technology Sourcing, including but not limited to; End-to-End Sourcing Lifecycle Management (RFx) Contract Negotiations (Commercials, Legal, Risk, Compliance, etc.) Vendor and Risk Management Data Management and Analysis
  • Possessing a Certified Procurement Professional (CPP) or Supply Chain Management Professional (SCMP) designation is an asset
  • Working knowledge in the following Sourcing categories is a significant asset; Infrastructure (WAN/LAN/UPS/ Cloud/Hosting Services) Cyber-Security End-User (OEM HW and Peripherals)
  • While working closely with the Legal team, the Sourcing Manager will analyze, identify, and negotiate 3rd party contract terms, and ensure contracts are compliant with internal policies and procedures (i.e. Finance, Risk & Internal Compliance, Cyber-Security, etc.) prior to execution
  • Lead the RFx process and Contract Management activities through a structured and well documented approach to internal clients and Business stakeholders
  • Must be inquisitive, and possess effective listening, comprehension and impactful communication skills (Oral and Written)
  • Highly competent in building and presenting PowerPoint presentations to Executives
  • Familiarity with Third Party Risk Management (TPRM) is an asset
  • Organizational and Project Management Skills
  • This role is based out of Brookfield Place (Toronto) and does not require any travelling

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