You're using an older version of Internet Explorer that is no longer supported. Please update your browser.

Senior Manager, Corporate Services Sourcing

Toronto, ON
Full Time
2 days ago

Requisition ID: 106826

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
The Senior Manager is responsible for leading Bank-wide sourcing activities and managing the Management Consulting & Professional Services program while working closely with senior business unit leadership and other sourcing leaders. The Senior Manager will have the opportunity to improve upon current processes with a goal of centralizing and streamlining the program. By contributing to a competitive marketplace environment and managing relationships, the Senior Manager will consistently drive reductions in the total cost of goods and services procured.  
  • Develop relationships with business leaders to support enterprise objectives, influence key stakeholders and lead sourcing strategies while collaborating on sourcing initiatives and projects
  • Collaborate with Business Unit and Operations leaders to fully understand key business drivers, spend drivers, and achieve required support levels
  • Lead business value through the development of high quality and cost-effective supply relationships, while pursuing savings through leveraging Bank-wide purchasing volume, strategic supplier relationships, demand management or indirect savings
  • Interface with Business Unit and Operations leaders to understand key business drivers, spend drivers and achieve required support levels 
  • Track sourcing initiatives for multi-functional stakeholder teams, ensuring effective strategy development, market assessments, RFP processes, and supplier management while enabling collaboration and innovation between stakeholders and suppliers
  • Establish and develop on-going strategic relationships with key suppliers during major sourcing/project initiatives
  • Contribute to a disciplined effort to influence spend and drive cost savings across all business segments
  • Support consistent application of procurement processes across constituent groups
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
  • Understands how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Actively pursues effective and efficient operations of the External Labour service area, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
  • Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates team members by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team
  • Provide category leadership for Management Consulting and Professional Services within and across the Banks business segments and serve as a key contributor to an evolving supplier management process. Specific areas of focus are as follows:
  • Sourcing of Management Consulting and non-IT professional services
  • Lead a Bank wide Center of Excellence for Management Consulting and non-IT professional services (Policies, enterprise reporting, work processes, commercial and legal framework, benchmarking)
  • Manage a team of two sourcing managers and a sourcing analyst
  • Excellent change-leadership and conflict resolution management as well as advanced problem-solving skills
  • Excellent stakeholder management and relationship skills as well as comfort in speaking with senior leaders at the Bank
  • Knowledgeable in financial services and regulations (e.g., OSFI, OCC, CFPB, UDAAP) and how they are applied to Third Party relationships is preferred
  • Category and strategic sourcing experience in management consulting, professional services and contingent labor
  • Experience of building, implementing and managing preferred supplier and resource programs
  • Ability to comprehend complex technical and financial issues and use them to inform the creation of effective action plans and supplier strategies
  • Strong business acumen and strategic thinking skills
  • Ability to develop collaborative working relationships with global stakeholder groups. Superior interpersonal and communication skills and exhibits a high level of professionalism
  • Knowledge and experience with state-of-the-art procurement and analysis technologies
  • Bachelor's degree in management, business, or related field; master (MA or MSc) in business or related field an asset
  • 5+ years progressive sourcing experience 
Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.  

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Job Segment: Bank, Banking, Consulting, Developer, Law, Finance, Technology, Legal

Banking, Finance and Insurance