Vendor Manager – Sourcing, Procurement & Contract Management
Are you experienced in strategic sourcing within the banking sector? Apply Now!
Working with one of our top financial clients, this role calls for a Vendor Manager – Sourcing, Procurement & Contract Management. This position offers a unique opportunity to lead sourcing initiatives, influence business strategies, and build strong supplier relationships in a dynamic banking environment.
Pay rate range (CAD): $54.75/hr – $65.70/hr
Responsibilities
- Serve as a trusted advisor to internal partners, primarily within the People & Culture team.
- Influence and negotiate to achieve cost savings, value, and strategic objectives.
- Develop and implement sourcing strategies aligned with enterprise goals.
- Lead end-to-end sourcing processes, including RFI/RFP, supplier selection, and contract negotiations.
- Conduct market assessments and risk evaluations to identify optimal suppliers.
- Ensure compliance with procurement policies and manage multiple sourcing projects concurrently.
- Build and maintain strong relationships with suppliers and internal stakeholders.
- Collaborate with Legal, Regulatory, and Risk teams to incorporate risk assessments into contracts.
- Use performance metrics and analytics to monitor supplier performance and sourcing pipeline.
- Drive continuous improvement initiatives and stay updated on procurement best practices.
Desired Skill-Set
- 3-5 years of relevant experience in strategic sourcing, procurement, and contract negotiations.
- Strong understanding of sourcing and procurement controls in a regulated environment.
- Proficient in contract negotiation, business analysis, and project execution.
- Excellent written and verbal communication skills.
- Ability to analyze data and synthesize insights for strategic planning.
- Proficient in Excel and data analysis tools.
- Skilled in leading end-to-end sourcing processes independently.
- Experience working within large, complex organizations.
Nice to Have
- Experience in banking or financial institutions.
- Post-secondary degree in a related field or equivalent work experience.
- Ability to influence senior stakeholders effectively.
- Knowledge of third-party risk management practices.
- Familiarity with procurement technology and automation tools.
BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.