Senior Manager, Strategic Sourcing & Supplier Management - Procurement

Requisition ID: 211934

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 and project activities 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 consolidating company-wide supplier selection. By contributing to a competitive marketplace environment the Senior Manager will consistently drives reductions in the total cost of goods and services procured.

Is this role right for you? In this role, you will:

• Develop relationships with business leaders to support enterprise objectives, influence key stakeholders and lead sourcing and category 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 and championing total cost of ownership (TCO) savings directly by savings captured through leveraging Bank-wide purchasing volume, strategic supplier relationships, demand management or indirect savings realized by driving innovation and or enhancing the overall effectiveness of the supply management process
• Directly lead and implement best practices in sourcing initiatives
• Manage category within and across the Bank's business segments, and serve as a key contributor to a well-developed and evolving supplier management process
• 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

Do you have the skills that will enable you to succeed in this role? We'd love to work with you if you have experience with:

• Excellent change-leadership and conflict resolution management as well as advanced problem solving skills
• Excellent stakeholder management skills and 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
• 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, 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
• Minimum of 5-10 years progressive sourcing experience
• CPM (Certified Purchasing Manager) asset
• Global sourcing experience

What's in it for you?

• The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills.
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!
• Work in an Ecosystem where you'll have access to group seating, offices, collaboration spaces, a cafeteria with different options daily, and more.
• Hybrid Work Environment

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.