Sourcing Specialist
Sourcing Specialist
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Job Description
You are as unique as your background experience and point of view. Here youll be encouraged empowered and challenged to be your best self. Youll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day youll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals families and communities around the world.
Job Description:
Strategic Sourcing Specialist
Role Summary:
Provide sourcing value in the focused execution of category management strategies for the Canadian business Corporate and IT spend categories (including but not limited to group insurance and operations services consulting human resources marketing communications real estate finance services Software IT Services IT Hardware/Products).
Identify create and manage relationships with key internal stakeholders.
Manage and actively lead the execution of the strategic sourcing process.
Assist with meeting defined savings and cost reduction targets within the category.
Manages the execution of the strategic sourcing process.
Assists with meeting defined savings and cost reduction targets within the category.
Focuses on the continuous improvement of various procurement processes.
Researches and develops new supply sources.
As required monitors the cost schedule and scope aspects of assigned subcontracts to assure best quantity and quality at best value.
What you will do
Support and manage the sourcing process for primarily
Lead project teams through the sourcing process including but not limited to design and development of engagement strategies contract negotiations through to contract execution and RFXs.
Assess define and resolve procurement issues including contractual terms and conditions and escalations by internal stakeholders and suppliers.
Apply risk management expertise in executing sourcing strategies.
Apply project management concepts to the planning and execution of the sourcing process.
Drive and promote compliance for best-in-class procurement practices for specific spend categories
Perform market analysis and spend analysis leveraging all available data sources - accounting purchasing payment systems suppliers market trends etc. to provide insight into opportunities for savings and efficiencies.
Ensure all related governance processes/policies are adhered to and completed prior to final approval to ensure the acquisition is done in the best interest of the company (legal technical financial regulatory compliance).
What you need to succeed:
5 years sourcing/procurement experience.
Proven and extensive expertise leading sourcing initiatives processes and developing strategies (i.e. deal management contract review and negotiations RFX etc.)
Proven skills and ability to work with internal stakeholders to drive the process
Comfort with ambiguity and uncertainty
Familiarity with vendor contract language purchasing systems eProcurement and eSourcing systems would be an asset but not required
Understanding of general procurement challenges and solutions
Proven ability to work and align with internal legal counsel and other governance stakeholders such as IT security compliance etc.
Role will require both independent contribution as well as team involvement and collaboration
Preferred skills:
Effective client relationship management skills are critical in this role.
Requires comfort with ambiguity and uncertainty.
Financial Analysis skills included advanced Excel skills.
Confidence in ability to lead negotiations to conclusion.
Proven ability to work with internal legal counsel and other stakeholders such as security and compliance.
Role will require both independent contribution as well as team involvement.
Demonstrates a drive for results and sense of urgency.
Excellent communicator - both written and oral communication in English.
Must have experience creating project plans managing to plans communicating effectively and engaging necessary stakeholders in projects as required.
Makes good decisions based upon a mixture of analysis common sense wisdom experience and good judgment.
Assets:
Familiarity with purchasing systems eProcurement and eSourcing systems.
Familiarity with third party risk for Financial Service Institutions.
Supply chain and/or procurement certification
Job Category:
Office AdministrationPosting End Date:
29/06/2025Required Experience:
Unclear Seniority
Employment Type
Full-Time
