Senior Strategic Sourcing Manager

Job Description

Senior Strategic Sourcing Manager:
On behalf of our Banking client, Procom is searching for a Senior Strategic Sourcing Manager for a 12 month contract role. This position is a hybrid position with 3 days onsite at our client’s Scarborough, Ontario office.

Senior Strategic Sourcing Manager - Job Description:
The Senior Strategic Sourcing Manager works closely with stakeholders to develop and implement innovative sourcing and demand management strategies. The role supports business and cost management objectives while minimizing risks associated with supplier spend. It involves managing sourcing category initiatives end-to-end, conducting supplier negotiations, and driving strategic sourcing projects to deliver value and savings.

Senior Strategic Sourcing Manager - Responsibilities:
• Develop and implement sourcing and demand management strategies aligned with business objectives.
• Act as a trusted advisor to assigned business groups and influence negotiations to achieve desired outcomes.
• Manage sourcing projects throughout their lifecycle, including competitive events and contract negotiations.
• Conduct market assessments and supplier evaluations to identify preferred suppliers and mitigate risks.
• Lead change management programs related to sourcing initiatives, including planning and stakeholder management.
• Prepare project plans, reports, and dashboards to keep stakeholders informed of progress and performance.
• Apply procurement policies and disciplined methodologies to sourcing activities and supplier engagements.

Senior Strategic Sourcing Manager - Mandatory Skills:
• 5-7 years of strategic sourcing, supply chain, or procurement experience with a related post-secondary degree or equivalent.
• Experience in Tech Infrastructure Sourcing, specifically hardware, software, and support.
• Familiarity with suppliers such as IBM, Microsoft, Bell, Oracle, Broadcom, and other telecom providers.
• In-depth knowledge of sourcing/procurement processes, procedures, controls, and relevant risk and regulatory requirements.
• Strong negotiation skills and proficiency in Excel and spreadsheet analysis.
• Experience with sourcing and procurement systems and applications.
• Understanding of financial services or technology industry sourcing.

Senior Strategic Sourcing Manager – Nice-to-Have Skills:
• Knowledge of business analysis and project delivery practices across the project lifecycle.
• Experience in compiling and synthesizing research to draw actionable insights.
• Familiarity with outsourcing and supplier risk management frameworks.
• Experience in developing category management frameworks and sourcing strategies.
• Proven ability to lead multiple sourcing programs and resolve conflicting priorities effectively.

Senior Strategic Sourcing Manager – Assignment Length:
This is a 12 month contract position.

Senior Strategic Sourcing Manager - Start Date:
ASAP.

Senior Strategic Sourcing Manager - Assignment Location:
Scarborough, Ontario, Canada. This position is hybrid with 3 days in the office.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.