drjobs Manager Procurement Categories

Manager Procurement Categories

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1 Vacancy
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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Description

Who We Are:

At Fidelity weve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services and were constantly seeking to find new and better ways to help our clients. As a privately owned company we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means youll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. Youll have a wide range of opportunities to grow and develop your career in an inclusive environment where youll feel valued and supported to be your best both personally and professionally.

Role Overview:

The Manager Procurement Categories will lead complex procurement deal negotiations; performs financial commercial technical and performance evaluations of large and small suppliers; and drives Fidelitys various Canadian business units in delivering optimized deals. You seek to achieve value for services maximize operational efficiency and lead different Fidelity business units through the procurement process from sourcing to negotiating to contract management. This individual will manage a team of Procurement Specialists in Fidelity Canadas head office in Toronto.

What You Will Do:

  • Evaluate and manage large and small suppliers and implement SLA/KPIs in agreements
    • Perform financial technical and commercial evaluations of large and small suppliers
    • Participate in SLA and KPI negotiations with suppliers
    • Assist and mentor vendor managers in managing external supplier relationships (i.e. performance management service delivery SLA/KPI monitoring and reporting service extensions)
  • Launch Request for Proposal/Request for Information and evaluate suppliers based on results
    • Collaborate with Fidelity stakeholders to develop sourcing strategies for products and services
    • Leverage opportunities for and with other Fidelity procurement teams globally
    • Determine the appropriate request for proposal/request for information to launch prepare the relevant documentation and evaluate supplier capabilities and pricing
    • Benchmark program costs and identify and implement cost saving opportunities
  • Drive procurement deals to deliver optimally balanced solutions
    • Lead complex commercial and technical negotiations for contracts and trigger the involvement of relevant business units to review contracts and terms to ensure timely completion of projects
    • Work with Fidelitys international procurement teams to ensure that deals maximize economiesofscale across Fidelity where appropriate and deliver local/global cost savings initiatives
  • Perform contract management
    • Identify and manage implementation of key contractual terms and conditions to meet business needs limit liability and reduce legal exposure
    • Prepare contract summaries
    • Identify and communicate contractual risks and opportunities
  • Relationship Management
    • Expand and promote the role of Procurement throughout Fidelity
    • Work closely with the supplier and the end user business unit to ensure Procurement is providing the highest level of support
    • Work directly with business unit stakeholders to assess Fidelitys needs and provide guidance on strategy opportunity assessments and sourcing
    • Keep abreast of current and evolving business requirements and market capabilities in order to provide customized procurement support
    • Develop communicate present and deliver reports to management

What We Are Looking For:

  • University degree or equivalent work experience
  • 7 years of procurement experience as either a category manager or product manager
  • Experience dealing with suppliers
  • Technology procurement experience in the financial services industry is preferred

The Expertise You Bring:

  • Proven experience in endtoend procurement of technology and nontechnology products and services
  • Experience in supplier selection via formal RFP process
  • Experience resolving disputes and advanced understanding of contract law/term constructs
  • Strong negotiation facilitation and procurement leadership skills
  • Strong managerial skills
  • Excellent relationship management team and communication skills
  • Selfmotivated takes initiative and has the ability to effectively organize multitask and prioritize a wide array of initiatives

You will be working on a flexible hybrid schedule as part of Fidelitys dynamic working arrangement.

Current work authorization for Canada is required for all openings.

Fidelity Canada is an equal opportunity employer

Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race color religion sex sexual orientation gender identity or expression national or ethnic origin age disability family status protected veterans status Aboriginal/Native American status or any other legallyprotected ground.

Accommodation during the application process

Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation please email us at .

No telephone inquiries or agencies please. We thank all applicants for their interest please be advised that only those selected for an interview will be contacted.

Why Work at Fidelity

We are proud to be recipients of the following:

Awards

Canadas Top 100 Employers
o Greater Torontos Top Employers
o Canadas Top FamilyFriendly Employers
o Canadas Top Employers for Young People

Great Place To Work Certified
o Best Workplaces for Inclusion
o Best Workplaces for Mental Wellness
o Best Workplaces for Todays Youth
o Best Workplaces for Women
o Best Workplaces in Financial Services & Insurance
o Best Workplaces in Ontario
o Best Workplaces with Most Trusted Executive Teams

LinkedIn Top Companies in Canada

Human Resource Director (HRD) Best Place To Work
o HRD 5Star Benefit Program
o HRD 5Star Diversity & Inclusion Employer

Designations
Canadian Compassionate Companies Certified
Benefits Canadas Workplace Benefits Award Future of Work Strategy
TalentEgg National Recruitment Excellence Award Special Award for Diversity & Inclusion in Recruiting
Canadian HR Reporters Most Innovative HR Team


Required Experience:

Manager

Employment Type

Full-Time

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