Procurement Manager

Job summary

Lead procurement initiatives from sourcing strategy and supplier selection through commercial and contractual negotiations, approvals, and contract execution. Ensure procurement governance and risk requirements are met while partnering with business stakeholders, suppliers, Legal, and control functions.

Job details

Job Title: Vendor Manager IV Duration: 10 months Office location: Toronto, ON, Canada Experience Level: 8+ years Working hours: 37.5 Role Overview The Procurement Manager, Sourcing & Contracting, is responsible for leading complex procurement initiatives from strategy development through sourcing, negotiations, approvals, and contract execution. This role combines responsibilities traditionally performed by Strategic Sourcing Managers and Contract Managers. The successful candidate will independently manage the commercial and contractual aspects of procurement transactions while partnering with business stakeholders, suppliers, Legal, and risk and control functions. This requires strong experience in strategic sourcing, supplier negotiations, contract negotiations, risk management, stakeholder management, and governance within a complex and regulated environment. Key Responsibilities End-to-End Procurement Leadership Lead procurement initiatives through the full procurement lifecycle, from intake through executed agreement. Develop and execute sourcing and negotiation strategies that align with business objectives and risk requirements. Manage supplier selection activities, commercial negotiations, contract negotiations, approvals, and execution activities. Lead multiple procurement initiatives simultaneously while managing competing priorities and timelines. Commercial & Contractual Negotiations Lead negotiations with suppliers to achieve commercially and contractually sound outcomes. Evaluate supplier proposals and provide recommendations to stakeholders and senior management. Balance of business objectives, commercial considerations, risk requirements, and contractual obligations. Work closely with Legal and business stakeholders to resolve negotiation issues and drive timely execution. Risk, Governance & Stakeholder Management Ensure procurement activities comply with applicable policies, standards, controls, and governance requirements. Partner with Legal, Third-Party Risk Management, Information Security, Privacy, Compliance, Finance, and other stakeholders as required. Identify and escalate risks, issues, and contractual exceptions appropriately. Build strong relationships with business partners, suppliers, and control functions. Strategic Procurement Support Provide strategic sourcing expertise and market insights to business partners. Support procurement best practices, process improvements, and continuous improvement initiatives. Leverage available tools, data, analytics, and market intelligence to support decision-making and negotiations. Contribute knowledge sharing, coaching, and team development activities. MUST-HAVE Hard Skills: 1.) 8+ years of progressive experience in procurement, strategic sourcing or contract management 2. 8+ years of experience leading end-to-end procurement transactions from sourcing strategy through contract execution 3. Strong experience negotiating both commercial and contractual terms directly with suppliers 4.) Experience partnering with business stakeholders, Legal, and risk and control functions NICE-TO-HAVE 1.) Experience within financial services or another highly regulated industry 2.) Professional procurement, supply chain, or contract management certification 3.) Experience supporting technology, operations, or enterprise services procurement initiatives 4.) Experience working within formal governance and risk management frameworks Interview process: 2 steps, virtual, 30 minutes, panel Dexian stands at the forefront of Talent + Technology solutions with a presence spanning more than 70 locations worldwide and a team exceeding 10,000 professionals. As one of the largest technology and professional staffing companies and one of the largest minority-owned staffing companies in the United States, Dexian combines over 30 years of industry expertise with cutting-edge technologies to deliver comprehensive global services and support. Dexian connects the right talent and the right technology with the right organizations to deliver trajectory-changing results that help everyone achieve their ambitions and goals. To learn more, please visit https://dexian.com/. Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.

What you’ll do

Lead procurement initiatives from sourcing strategy and supplier selection through commercial and contractual negotiations, approvals, and contract execution. Ensure procurement governance and risk requirements are met while partnering with business stakeholders, suppliers, Legal, and control functions.

Requirements

Requires at least 8 years of progressive procurement, strategic sourcing, or contract management experience, including leading end-to-end transactions and negotiating commercial and contractual terms with suppliers. Candidates should have experience partnering with business stakeholders, Legal, and risk and control functions; regulated-industry experience and relevant certifications are preferred.

Listed skills

• Risk Management · Preferred
• Process Improvement · Preferred
• Stakeholder Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Strategic Sourcing
• End-To-End Procurement
• Supplier Negotiations
• Contract Negotiations
• Contract Management
• Procurement Strategy
• Supplier Selection
• Risk Management
• Governance
• Stakeholder Management
• Commercial Analysis
• Third-Party Risk Management
• Information Security
• Privacy Compliance
• Market Intelligence
• Process Improvement

Job areas

• Management & Leadership
• Finance & Accounting
• Legal
• Consulting

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