Strategic Sourcing Manager:
On behalf of our Banking client, Procom is searching for a Strategic Sourcing Manager for a 6-month role. This position is a hybrid position with 2-4 days onsite at our client’s Toronto office.
Strategic Sourcing Manager - Job Description:
Join a team that's shaping the future of sourcing at BMO. This role is a unique opportunity to work with the Procurement team and broader BMO enterprise, helping drive innovative sourcing strategies that deliver value, reduce risk, and support our purpose-driven culture.
Strategic Sourcing Manager - Responsibilities:
- Act as a trusted advisor to business partners, primarily within People & Culture.
- Influence and negotiate to achieve business and cost management objectives.
- Lead end-to-end sourcing initiatives, including competitive events (RFI/RFP), supplier selection, and contract negotiations.
- Build strong relationships with internal stakeholders and external suppliers.
- Conduct analysis to inform strategic recommendations and develop business cases.
- Manage multiple sourcing projects simultaneously, resolving conflicting priorities.
- Stay current on leading procurement practices and sourcing methodologies.
Strategic Sourcing Manager - Mandatory Skills:
- 5-8 years of relevant experience in strategic sourcing, procurement, and contract negotiations.
- Strong knowledge of sourcing/procurement processes and controls.
- Skilled in contract negotiation, business analysis, and project delivery.
- Strong communication, collaboration, and influence skills.
- Comfortable making data-driven decisions and synthesizing insights from research.
- Proficient in Excel and data analysis.
- Experience in a large complex organization and regulatory environment.
Strategic Sourcing Manager – Nice-to-Have Skills:
- Post-secondary degree in a related field or equivalent combination of education and experience.
- Banking/financial institution background strongly preferred.
- Excellent contract knowledge and ability to influence offers for desired results.
- Aptitude for working with senior stakeholders.
Strategic Sourcing Manager – Assignment Length:
This is a 6-month contract position with potential for extension and possible permanent placement.
Strategic Sourcing Manager - Start Date:
ASAP.
Strategic Sourcing Manager - Assignment Location:
Toronto, Ontario, Canada. This is a hybrid position with 2-4 days in the office required.
