
Strategic Sourcing Professional
5 days ago
The Procurement Specialist is responsible for providing strategic sourcing value to the Canadian business, Corporate, and IT spend categories. This includes identifying and managing relationships with key internal stakeholders, executing the sourcing process, and supporting clients on related governance requirements.
Key responsibilities include:
- Providing sourcing value within procurement COE for high volume low risk engagements;
- Managing relationships with internal stakeholders to drive the sourcing process;
- Executing the sourcing process, including contract negotiations and execution;
- Supporting clients on related governance requirements, including third-party risk management and AML screening;
- Continuous improvement of various procurement processes;
Role Summary:
- Manage the sourcing process for high volume low risk engagements;
- Lead clients through the sourcing process, including contract negotiations and execution;
- Assess and resolve procurement issues, including contractual terms and conditions and escalations by internal stakeholders and suppliers;
- Apply project management concepts to the planning and execution of the sourcing process;
- Ensure all related governance processes/policies are adhered to and completed prior to final approval;
To be successful in this role, you will need:
- 3+ years of relevant sourcing/procurement experience;
- Proven expertise leading sourcing initiatives, processes, and developing strategies;
- Skills to work with internal stakeholders to drive the process;
- Comfort with ambiguity and uncertainty;
- Familiarity with vendor contract language, SAP Ariba Contracts, and Sourcing Modules;
- Understanding of general procurement challenges and solutions;
- Ability to work and align with internal legal counsel and other governance stakeholders;
This role offers:
- Effective client relationship management skills;
- Comfort with ambiguity and uncertainty;
- Financial Analysis skills, including advanced Excel skills;
- Confidence in ability to lead negotiations to conclusion;
- Proven ability to work with internal legal counsel and other stakeholders;
- Independent contribution as well as team involvement;
- Drive for results and sense of urgency;
- Excellent communicator - both written and oral communication in English;
- Experience creating project plans, managing to plans, communicating effectively, and engaging necessary stakeholders in projects;
A plus if you have:
- Experience with SAP Ariba Contracts and Sourcing Modules;
- Familiarity with third-party risk for Financial Service Institutions;
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