Strategic Sourcing Director for Capital Markets

6 days ago


Toronto, Ontario, Canada Collabera Full time

This is a highly sought-after opportunity to work with one of our esteemed banking clients in a fast-paced and dynamic environment.

As a Strategic Sourcing Director, you will be responsible for driving and influencing sourcing decisions, optimizing the supply base, and relentlessly pursuing cost savings/avoidance opportunities while balancing supplier risk. This role requires a deep understanding of the Capital Markets business platform and the ability to establish strong relationships with key stakeholders.

The daily responsibilities of this position include:

  • Establishing and maintaining strong relationships across the Capital Markets business platform
  • Developing strategic sourcing strategies and initiatives in tandem with the business
  • Building and managing a comprehensive contract pipeline to proactively identify, manage, address, and report on sourcing opportunities
  • Serving as a subject matter expert on the client's Enterprise Procurement & Third-Party Risk policies and procedures
  • Leading the end-to-end sourcing process from initiation to closure
  • Negotiating complex IT and non-IT agreements, including Master Agreements, Transaction Schedules, Statements of Work, Amendments, and other documents

Essential qualifications for this role include:

  • Post-secondary education in Business Administration, Finance, Engineering, or an equivalent 4-year university program in a relevant discipline
  • Solid knowledge, understanding, and experience in strategic sourcing with 5+ years of relevant technology experience in sourcing
  • Ability to interpret and negotiate contractual terms and revise legal documents as per the client's requirements
  • Strong financial modeling and analytical skills to identify and support negotiation strategies
  • Sourcing/Procurement experience working in a global financial institution

About the company: Collabera is a leading Digital Solutions company providing software engineering solutions to the world's most tech-forward organizations. With over 25 years of experience, we have hired over 17,000 employees across 60+ offices globally and currently place 10,000+ professionals annually to support critical IT engagements at more than 500 client sites.

We offer numerous exciting projects, including UI/UX transformation, Blockchain, AI/Data Science, Cloud migrations, Cyber-Security, and Engineering. You will have endless opportunities to learn new technologies through our in-house Training arm – Cognixia.



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