Manager, Strategic Sourcing-Human Resources
4 days ago
250 Yonge Street Toronto Ontario,M5B 2L7
Join a team that's shaping the future of sourcing at BMO. We're looking for a strategic thinker who thrives in complexity, builds strong relationships, and is excited to grow with us. This role is a unique opportunity to work with the People & Culture team and broader BMO enterprise, helping drive innovative sourcing strategies that deliver value, reduce risk, and support our purpose-driven culture. The Human Resources category includes work supporting the Enterprise across the subcategories of Administration Services, Benefits, Recruitment, Relocation, and Training.
What You'll DoStrategic Leadership & Advisory
- Act as a trusted advisor to business partners, primarily within People & Culture.
- Influence and negotiate to achieve business and cost management objectives.
- Recommend and implement sourcing solutions based on strategic analysis.
- Assist in developing long-term sourcing plans aligned with enterprise goals.
- Identify emerging trends and issues to inform decision-making.
Sourcing Strategy & Execution
- Lead end-to-end sourcing initiatives, including competitive events (RFI/RFP), supplier selection, and contract negotiations.
- Develop and execute category management frameworks and sourcing strategies.
- Conduct market assessments to identify preferred suppliers and evaluate risk.
- Apply disciplined procurement methodologies and ensure compliance with policies.
- Manage multiple sourcing projects simultaneously, resolving conflicting priorities.
Supplier Relationship & Risk Considerations
- Build strong relationships with internal stakeholders and external suppliers.
- Collaborate with suppliers to create value, drive innovation, and mitigate risk.
- Incorporate supplier risk assessments results into agreements, working with colleagues in Legal & Regulatory Compliance, and Risk Support Areas (RSAs) and engaging with Third Party Risk support teams.
- Maintain awareness of supplier performance, and consider controls in contracts to ensure alignment with BMO's standards.
Data-Driven Insights & Continuous Improvement
- Conduct analysis to inform strategic recommendations and develop business cases.
- Use performance metrics and dashboards to track progress and identify opportunities, including a sourcing pipeline of supplier agreements.
- Brings a mindset of continuous improvement and change leadership, proactively identifying opportunities to enhance processes and drive meaningful impact.
- Stay current on leading procurement practices and sourcing methodologies.
At BMO, we're driven by our purpose to Boldly Grow the Good in business and life, guided by our values of Integrity, Empathy, Diversity, Responsibility, and Courage - working together as One Bank to make tomorrow better.
Who You AreYou're someone who:
- Communicates clearly - both in conversation and writing.
- Is curious, adaptable, and thrives in ambiguity - seeking new perspectives and better ways of doing things.
- Builds relationships easily and enjoys solving complex problems - collaborating as One Bank to deliver results.
- Has a growth mindset, takes responsibility, and is eager to learn and contribute.
- Is organized, analytical, and comfortable working across diverse teams and viewpoints.
- 5–7 years of relevant experience in strategic sourcing, supply chain, or procurement.
- Post-secondary degree in a related field or equivalent combination of education and experience.
- Strong knowledge of sourcing/procurement processes and controls.
- Experience in financial services is a plus.
- Skilled in negotiation, business analysis, and project delivery.
- Proficient in Excel and data analysis.
- Strong communication, collaboration, and influence skills.
- Comfortable making data-driven decisions and synthesizing insights from research.
Salary:
$75, $141,900.00
Pay Type:
Salaried
The above represents BMO Financial Group's pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.
BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:
About Us
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, and broaden your skillset.
To find out more visit us at
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
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