Strategic Sourcing Manager

Job Description

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.

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