Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

Reporting to the Senior Manager, Strategic Sourcing, the Lead Advisor, Strategic Sourcing will be part of the procurement team and accountable to develop, lead and execute corporate wide sourcing strategies to achieve and exceed the financial groups business objectives and savings goals. You'll experience a wide range of opportunities to learn and develop your career, while leading and executing high value transformational projects that provide value to our stakeholders.

For this role, experience in one or multiple of the following categories and subcategories is required:

• Banking operations (credit and debit cards, payments processing, fraud prevention, insurance, investments);
• Digital banking (digital and onboarding platforms, data analytics, public web);

Responsibilities

Business Delivery, Performance Management and Operational Excellence

• Development and delivery of comprehensive sourcing strategies and advisory services to meet timelines and achieve savings goals.
• Bring awareness to market leading processes and practices; to mitigate risk, to drive innovation, and to maximize overall value for assigned sourcing categories.
• Maintain accurate and up to date reporting on project progress and issues.
• Participate in optimization initiatives. Drive continuous improvement and innovation opportunities by identifying, recommending, and implementing process improvement initiatives.
• Develop contract negotiation plans and ensures line of sight for senior management throughout the process of key initiatives.

Vendor Management

• Development and delivery of comprehensive vendor management processes, performance scorecards and risk management, advisory services to meet timelines and achieve departmental and conformity goals.
• Maintain accurate and up to date reporting on governance status, progress and issues.

Client and Relationship Management

• This role will Partner and work collaboratively with Lines of Business (LOBs), Corporate Functions (Corporate), and Suppliers to develop and implement innovative sourcing strategies to achieve business and cost management objectives.
• Models the delivery of exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support
• Preparation and presentation of reports to associated business units, reporting on key metrics such as sourcing categories strategies, performance against savings and sourcing project goals, and key supplier risks in assigned portfolios.

Risk Management and Control

• Be accountable for complying with the LBC’ risk appetite framework and ensuring risk taking activities remain within agreed limits and adhere to applicable corporate policies, operating directives, laws and regulations (including risk, compliance and audit).
• Identify potential risk situations/impacts and make recommendations or escalate to your manager. Ensure contingency plans are followed through and given appropriate line of sight and reporting per guidelines
• Maintain an understanding of regulatory, policy, procedural and other relevant business changes as it relates to sourcing projects and supplier engagements.
• Ensure all appropriate authorizations/ approvals are obtained in accordance with policies and controls.
• Ensure adherence to all aspects of LBC Code of Conduct and Ethics Corporate Policy and assist in implementing the Vendor Ethics and Code of Conduct.

Qualifications

Minimum qualifications

• University Degree in business administration or relevant field
• Minimum 8 years of progressive experience in procurement and vendor management in indirect categories such as HR, IT, Corporate Services and Marketing.
• Experience leading and inspiring teams where achieving great outcomes are valued and rewarded.
• Bilingualism*(written & verbal), French/English is an asset

Specific Skills

• Excellent presentation and interpersonal skills. Must have the ability to explain business value propositions, present vendor management debriefs, and solutions to all levels in the organization.

• Able to work creatively and collaboratively with stakeholders and suppliers to identify innovative solutions. As various assignments are carried out with considerable independence, the incumbent is expected to take initiative in planning and seeking out information.

• Mastery of negotiation, negotiation planning and influence techniques.

• Good communication skills and business relationship management.

• Writing skills for contractual clauses and statement of works.

• Experience in financial industry (asset).

• Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors. -**Total compensation:**Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses. -**Work model:**We prioritize a hybrid work model based on business needs. -**Stock purchase plan:**Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further. -**Time off:**In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday. -**Health and wellness:**Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program. -**Group insurance and pension:**We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future. -**Financial benefits:**As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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