Were one of Canadas largest pension investors with CAD$299.7 billion of net assets as of March 31 2025.
We invest funds for thepension plans of thefederalpublicservice the Canadian Forces theRoyal Canadian Mounted Police andthe ReserveForce. Headquartered in Ottawa PSP Investments has its principal business office in Montréal and offices in New York London and Hong Kong.
Capturing and leading complex global investments requires us to work as one to seize valuable opportunities in close collaboration with some of the worlds top companies. At PSP Investments youll join a team of motivated and engaged professionals dedicated to propelling our organization further than ever before.
As Senior Director Strategic Sourcing Vendor Governance and Operations you will define and lead organizational strategies for sourcing vendor management and procure-to-pay operations. You will establish a multiyear roadmap that drives efficiency operational excellence and rightsized processes balancing sound governance and a strong sense of pragmatic execution.
You will champion a practical and outcomedriven approach that reduces unnecessary complexity accelerates decisionmaking and ensures sourcing vendor oversight and AP operations deliver measurable value riskaware governance and strong financial stewardship. You will lead a motivated team and foster a culture of continuous improvement simplification and enterprise collaboration.
As a Senior Director Strategic Sourcing Vendor Governance and Operations your key responsibilities are as follows:
Strategic Sourcing Leadership
Define and implement multiyear sourcing and category strategies across major spend areas under management
Evolve fitforpurposeframeworks that rightsize effort and rigor to spend and risk profiles
Lead complex negotiations using pragmatic outcomeoriented tactics
Streamline sourcing activities to improve cycle times and reduce administrative overhead
Promote early procurement involvement in business planning
Vendor Governance & Risk Management
Serve as owner of the vendor governance framework
Maintain clear policies escalation paths KPIs and reporting that inform decisions without unnecessary bureaucracy
Rightsize operationalization of thirdparty risk management (TPRM) assessments based on vendor criticality and risk tier
Strengthen accountability for performance contractual obligations SLAs and commercial protections
Ensure policy alignment and efficient coordination with Legal Risk Internal Audit IT Security and Finance
Vendor Operations & Accounts Payable Leadership
Lead AP and vendor operations to deliver accurate timely and compliant payments
Improve efficiency by automating manual processes optimizing workflows and reducing exceptions
Rightsize approval matrices and controls to balance compliance with operational agility
Enhance vendor onboarding master data governance and endtoend payment effectiveness
Ensure audit readiness through consistent and efficient documentation and controls
Governance Controls & Policy Ownership
Maintain procurement contracting and AP policies that are clear lean and scalable
Adjust thresholds documentation and governance activities based on risk and value
Strengthen compliance through streamlined and pragmatic internal controls
Ensure endtoend alignment between sourcing contracting and payments
Leadership & Stakeholder Engagement
Lead and evolve motivated teams towardsenhanced focus on efficiency pragmatism and operational excellence
Build streamlined engagement models with Finance Legal Risk Technology and business partners
Reinforce a culture of accountability continuous improvement and cross-functional collaboration
Influence senior leaders with datadriven recommendations and practical solutions
Innovation Transformation & Operational Excellence
Drive continuous improvement lean methodologies and process modernization.
Deploy digital tools and automation that enhance transparency speed and data quality
Eliminate waste reduce complexity and embed scalable processes and controls
Deliver measurable efficiencies and organizational value across sourcing vendor governance and AP
Bachelors degree in Business Supply Chain Finance Engineering or related field
Masters degree (e.g. MBA) or similar post Bachelor procurement education considered an asset
More than fifteen (15) years in procurement strategic sourcing vendor management and/or financial operations in the financial sector or similar sectors where procurement is of indirect goods and services
Leadership of multidisciplinary teams with a track record of driving efficiency and operational excellence
Proven experience simplifying processes rightsizing governance and leading transformation initiatives
Strong experience in complex contract negotiations category strategy and vendor performance oversight in the financial sector or similar sectors where procurement is of indirect goods and services
Deep knowledge of sourcing contracting AP workflows controls and vendor risk.
Strong analytical and change leadership skills
Ability to design simple pragmatic scalableprocesses
Strong communication stakeholder influence and executive alignment abilities
Experience with P2P systems (SAP GEP Coupa or Oracle) is an asset
Proficiencyin English and French (or willingness to learn) (frequent interactions in English with PSP employees based in our offices in Hong Kong London and New York and interactions in French with employees in our local offices in Montreal and Ottawa)
We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent reward performance and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility you have access to:
Investment in career development
Comprehensive group insurance plans
Competitive pension plans
Unlimited access to virtual healthcare services and wellness programs
Gender-inclusive paid family leave policy: up to 26 weeks for primary caregivers 5 weeks for secondary caregivers
A personalized family-building support from pre-pregnancy to menopause with available financial assistance
Vacation days available on day one with additional days on milestone service anniversaries and summer Friday afternoons off
A hybrid work model with a mix of in-office and remote days
*Benefits package may vary based on your employee type.
At PSP Investments we aim to provide a workplace where everyone feels valued safe respected and empowered to grow. As part of this leadership commitment we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process please let us know.
Required Experience:
Exec
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