Job Title: Strategic Sourcing Manager (Human Resources Category)

Location: Toronto, ON (3 days in office currently but moving to 4 days in the near future)

Duration: 6 months

Contract Type: T4 only

Pay Rate: $44.82 - $50.34/Hour

Working hours: 37.5 hours weekly

Role Responsibilities Strategic Leadership & Advisory

• Act as a trusted advisor to business partners, primarily within People & Culture.
• Influence and negotiate to achieve business and cost management objectives.
• Recommend and implement sourcing solutions based on strategic analysis.
• Assist in developing long-term sourcing plans aligned with enterprise goals.
• Identify emerging trends and issues to inform decision-making.

Sourcing Strategy & Execution

• Lead end-to-end sourcing initiatives, including competitive events (RFI/RFP), supplier selection, and contract negotiations.
• Develop and execute category management frameworks and sourcing strategies.
• Conduct market assessments to identify preferred suppliers and evaluate risk.
• Apply disciplined procurement methodologies and ensure compliance with policies.
• Manage multiple sourcing projects simultaneously, resolving conflicting priorities.

Supplier Relationship & Risk Considerations

• Build strong relationships with internal stakeholders and external suppliers.
• Collaborate with suppliers to create value, drive innovation, and mitigate risk.
• Incorporate supplier risk assessments results into agreements, working with colleagues in Legal & Regulatory Compliance, and Risk 4. Support Areas (RSAs) and engaging with Third Party Risk support teams.
• Maintain awareness of supplier performance, and consider controls in contracts to ensure alignment with Client’s standards.

Data-Driven Insights & Continuous Improvement

• Conduct analysis to inform strategic recommendations and develop business cases.
• Use performance metrics and dashboards to track progress and identify opportunities, including a sourcing pipeline of supplier agreements.
• Brings a mindset of continuous improvement and change leadership, proactively identifying opportunities to enhance processes and drive meaningful impact.
• Stay current on leading procurement practices and sourcing methodologies.

Must Have Skills

• 3-5 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.
• Ability to build a strategic plan based on analysis without much oversight
• Able to lead an end-to-end sourcing and contract negotiation process
• Experience in a large complex organization and regulatory environment

Nice To Have Skills

• Banking/FI experience
• Post-secondary degree in a related field or equivalent combination of education and experience.