Sourcing Manager - Investment category
Sourcing Manager - Investment category
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
This role reports to the North America Procurement Director and is responsible for the endtoend management of deals across global wealth and asset management (GWAM) categories including investment/specialized software and market data. The focus would be to develop and execute on the global category strategy for above categories and enable better decision making for Manulife business partners across the supply base with a focus on cost efficiencies service quality and organization risk. This person will also deliver targeted savings through actions such as consolidating global companywide purchasing volume and applying total cost of ownership levers to reduce cost and manage contracts with suppliers.
Position Responsibilities:
Endtoend management of deals across a broad range of vendors that are required to make investment decisions for Manulife partners (e.g. Simcorp Bloomberg SS&C RBC ICE LSEG Moodys MSCI).
Working closely with key stakeholders in the businesses the incumbent will leverage his/her deep knowledge of the category to identify and implement effective cost reduction strategies.
Lead large complex RFPs supplier negotiations particularly for large complex transactions and ensure of developed strategy.
Quantify savings achieved drive efficiencies centralize competencies and maximize the value of vendor relationships.
Understanding and negotiating standard contractual terms and conditions to mitigate legal and business risk.
Thoroughly understand the investment software and/or market data categories including supply base landscape industry trends and new emerging developments and service offerings
Required Qualifications:
Undergraduate degree
610 years of experience in Procurement
Indepth knowledge of sourcing and procurement principles and best practices e.g. RFx
Solid analytical skills; Excel and PowerPoint skills
Proven experience in delivering savings and value in a procurement function
Understanding of standard commercial contractual terms and conditions to mitigate business risk
Preferred Qualifications:
Market Data sourcing and/or financial sourcing experience is an asset.
Experience working in the relevant spend category directly and/or in a procurement organization
When you join our team:
Well empower you to learn and grow the career you want.
Well recognize and support you in a flexible environment where wellbeing and inclusion are more than just words.
As part of our global team well support you in shaping the future you want to see.
#LIHybrid
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer
At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancyrelated conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .
Primary Location
Working Arrangement
Salary range is expected to be between
$86250.00 CAD $155250.00 CADIf you are applying for this role outside of the primary location please contact for the salary range for your location. The actual salary will vary depending on local market conditions geography and relevant jobrelated factors such as knowledge skills qualifications experience and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife offers eligible employees a wide array of customizable benefits including health dental mental health vision short and longterm disability life and AD&D insurance coverage adoption/surrogacy and wellness benefits and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays vacation personal and sick days and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S. please contact for more information about paid time off provisions.
Required Experience:
Manager
Employment Type
Full-Time
