procurement manager - toronto, Toronto

randstad canada
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job details

toronto, ontario
human resources
job type
reference number
randstad canada
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job description

Our client, the top bank in Toronto, is hiring a Procurement Manager for a 6-month contract. Long term potential!

Key Accountabilities:
This role involves procuring goods and services in line with the budgets for various internal business clients. The role involves effective relationship management of business clients with focus on Capital Markets and respective external suppliers to ensure service delivery commitments are met.
• Sound understanding of sourcing process and execution methodologies
• Supports the authoring of contract documents as required
• Liaising with suppliers and business clients at various levels ensuring service delivery is met
• Negotiating with suppliers in order to mitigate risk such as IT software/hardware spaces including pricing, services, Data Privacy, Open Source, IP Ownership and Infringement, SLAs
• Management of the end-to-end lifecycle for various RFx events - on as needed basis
• Following market trends and ability to identify, research, and evaluate suppliers that meet the organizations standards of price, quality, timing, service and reliability of supply
• Proactively identify opportunities/initiatives for savings, cost avoidance and risk mitigation

6-month contract with a top bank, career launching opportunity
Up to $42.25/hr based on the experience

Knowledge and Experience:
• 3 to 6 years experience with planning, organizing, financial, budgeting and decision-making, in a Procurement context with increasing scope of responsibility
• University degree in logistics, business administration or purchasing or supply chain management
• Preference will be given to candidates with applicable Procurement-related certifications
• Sound ability to draft, interpret, negotiate contractual agreements is mandatory (e.g. MSA, SOW,NDA, amendments, etc)
• Software procurement experience and understanding of software contractual clauses is essential
• Professional Services procurement familiarity and experience is desirable, but not essential
• Experience in a financial institution is ideal (i.e. Capital Markets)
• Strong market awareness
• Familiarity with using Procurement CLM, VMS systems (e.g. Emptoris, iValua, Beeline, etc)

Skills & Competencies:
• Demonstrated leadership and superior communication skills
• Data centric mindset and approach to offer solutions
• Strong Attention to detail
• Innate sense of urgency
• Excellent problem solving skills
• Solid relationship management skills
• Sound understanding of Procurement methodology
• Creativity and flexibility in managing stakeholders and ability to influence
• Solid IT Category procurement experience

• Calm and logical approach with ability to manage competing priorities effectively
• Excellent time management skills
• Excellent interpersonal skills
• Confident demeanor to effectively manage and navigate in a Capital Markets challenging deadline driven culture
• Creative thinker who strives to make processes better, quicker and faster while balancing the need to manage risk variables

Key Relationships:
• Focus on Capital Markets Global Line of Business and others across the Enterprise
• External Suppliers
Internal Legal


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Randstad Professionals Canada
Randstad Canada is committed to building a diverse workforce reflective of the diversity of Canada. As a result, we promote employment equity and encourage candidates, especially those who identify as a woman, an Aboriginal person, a person with a disability or a member of a visible minority group, and any others who may contribute to the diversification of our workforce, to apply.

Randstad Canada is also committed to developing an inclusive, barrier-free selection processes and work environments.If contacted in relation to a job opportunity, you should advise your Randstad Representative or your local Randstad branch in a timely fashion of the accommodation measures which must be taken to enable you to be assessed in a fair and equitable manner.Information received relating to accommodation measures will be addressed confidentially.

For all feedback on equity and accommodation needs, please contact your local Randstad Canada Branch.