Randstad is seeking a highly experienced Sourcing Manager to join a leading Financial Institution in Toronto. This is a 1-year contract position with the possibility of extension and conversion. The successful candidate will drive sourcing strategies, manage supplier relationships, and contribute to cost optimization initiatives. This role requires strong negotiation skills, executive communication, and experience working with top-tier vendors. The position involves significant interaction with stakeholders across various business lines.
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Position: Sourcing Manager
Shift: Monday to Friday - Core Business Hours
Location: Toronto (Hybrid) 4 days in office
Advantages
Work for a leading Financial Institution; contribute to impactful sourcing strategies; collaborate with a high-performing team.
Responsibilities
• Act as a liaison between business/executives and provide sourcing expertise.
• Manage category and strategic sourcing strategies.
• Lead supplier negotiations to maximize total cost of ownership.
• Adhere to enterprise frameworks related to sourcing activities.
• Ensure sourcing programs/policies/practices meet business needs and comply with requirements.
• Manage relationships across business lines and ensure alignment with enterprise/regulatory requirements.
• Maintain a culture of risk management and control.
• Participate fully as a team member and support a positive work environment.
• Contribute to a fair and equitable work environment.
Qualifications
• Post-Secondary Education
• 5-7 years of experience as a Sourcing Manager, ideally within the Financial Institution sector.
• Proven experience negotiating complex contracts.
• Excellent relationship management, presentation, and executive communication skills.
• Expertise in strategic sourcing, supplier development, and risk management.
• Strong contract negotiation and management skills.
• Experience with Ariba (preferred).
Summary
If you are a highly skilled Sourcing Manager with a proven track record of success in the Financial Institution sector, we encourage you to apply. This is a fantastic opportunity to make a significant contribution to a leading organization.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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Randstad is seeking a highly experienced Sourcing Manager to join a leading Financial Institution in Toronto. This is a 1-year contract position with the possibility of extension and conversion. The successful candidate will drive sourcing strategies, manage supplier relationships, and contribute to cost optimization initiatives. This role requires strong negotiation skills, executive communication, and experience working with top-tier vendors. The position involves significant interaction with stakeholders across various business lines.
Position: Sourcing Manager
Shift: Monday to Friday - Core Business Hours
Location: Toronto (Hybrid) 4 days in office
Advantages
Work for a leading Financial Institution; contribute to impactful sourcing strategies; collaborate with a high-performing team.
Responsibilities
• Act as a liaison between business/executives and provide sourcing expertise.
• Manage category and strategic sourcing strategies.
• Lead supplier negotiations to maximize total cost of ownership.
• Adhere to enterprise frameworks related to sourcing activities.
• Ensure sourcing programs/policies/practices meet business needs and comply with requirements.
...
• Manage relationships across business lines and ensure alignment with enterprise/regulatory requirements.
• Maintain a culture of risk management and control.
• Participate fully as a team member and support a positive work environment.
• Contribute to a fair and equitable work environment.
Qualifications
• Post-Secondary Education
• 5-7 years of experience as a Sourcing Manager, ideally within the Financial Institution sector.
• Proven experience negotiating complex contracts.
• Excellent relationship management, presentation, and executive communication skills.
• Expertise in strategic sourcing, supplier development, and risk management.
• Strong contract negotiation and management skills.
• Experience with Ariba (preferred).
Summary
If you are a highly skilled Sourcing Manager with a proven track record of success in the Financial Institution sector, we encourage you to apply. This is a fantastic opportunity to make a significant contribution to a leading organization.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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