Consulting and Corporate Services Sourcing Manager

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office
93K-143K Annually
Senior level
Fintech • Insurance • Financial Services
The Role
Leads complex consulting and corporate services sourcing initiatives from strategy through negotiation, supplier selection, and contract execution. Manages stakeholder alignment, third-party risk, supplier performance, benchmarking, spend analysis, dashboards, savings tracking, and executive reporting. Partners with Legal, Risk, Compliance, Finance, and Vendor Governance while supporting AI-enabled procurement improvements and maintaining sourcing documentation.
Summary Generated by Built In

Join us as our Consulting and Corporate Services Sourcing Manager and bring your sourcing expertise to a role where your negotiations and insights help shape better business decisions. You’ll drive Consulting and Corporate Services sourcing initiatives from intake and strategy through negotiation, award and contract execution. Working closely with business stakeholders, Legal, Risk, Compliance and Finance, you’ll deliver strong commercial outcomes while managing third-party risk. Beyond individual deals, you’ll use benchmarking, analytics and executive-ready materials to improve decision-making, streamline cycle times and bring greater consistency to the portfolio.


Responsibilities:

  • Lead cross-functional teams to execute medium- to large-value, complex sourcing and contracting projects across Consulting and Corporate Services categories, including renewals and amendments, tracking key expirations and monitoring spend against approved budgets and SOW limits.
  • Develop PxQ baselines and contract analysis, set sourcing strategy, lead negotiations and recommend suppliers, evaluating commercial models and rate cards for best value; shape business requirements and scopes of work, promote disciplined SOW practices and build inclusive and sustainable (ESG) sourcing considerations into sourcing events.
  • Negotiate commercial terms in contracts and proposals (MSAs, SOWs, rate cards, change orders) and work with Legal, Risk and Finance SMEs to finalize documents; progress initiatives through the Ivalua intake-to-contract workflow and maintain clean deal documentation, including contract review/redlining in Sirion.
  • Manage relationships with business partners and project owners to maintain momentum, surface blockers early and align on tradeoffs and approvals; partner with Vendor Governance to support supplier performance management, including service levels, business reviews and issue resolution.
  • Conduct benchmarking and opportunity assessments (e.g., rate card and role-level benchmarking, deal structures, demand management) and provide business intelligence to strengthen sourcing strategies, negotiation positions and portfolio prioritization; define and track key metrics and dashboards covering pipeline, cycle time, savings and cost avoidance.
  • Create executive-ready presentations that synthesize deal status, risks, tradeoffs and improvement opportunities, and contribute to AI-enabled procurement improvements, such as AI-assisted contract review, faster RFx drafting and better market intelligence, by helping shape requirements, pilots and adoption.

Qualifications 

  • 6+ years of progressive procurement or strategic sourcing experience, including Consulting/professional services and/or Corporate Services sourcing, direct negotiations and contracting.
  • Ability to lead cross-functional sourcing initiatives and influence without direct authority, supported by strong commercial, analytical, market assessment and negotiation strategy skills.
  • Strong written and verbal communication and executive presentation skills; advanced Excel and PowerPoint proficiency, with Power BI or similar analytics tools an asset.
  • Working knowledge of procurement and contract lifecycle workflows and professional services agreements, including MSAs, SOWs, rate cards and change orders; experience in management consulting, internal consulting, PMO or sourcing within regulated financial services or insurance.
  • Experience supporting AI procurement, including tooling evaluations, contract addenda workflows and AI-assisted sourcing; sourcing AI consulting and advisory services, such as strategy, implementation and data advisory, is an asset.
  • Post-secondary degree in Business, Supply Chain, Finance or a related field, or equivalent experience; SCMP, CPSM, CIPS or a similar professional designation is an asset.

When you join our team:

  • We’ll empower you to learn and grow the career you want. 
  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. 
  • As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$92,900.00 CAD - $142,900.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

Skills Required

  • 6+ years of progressive procurement or strategic sourcing experience
  • Experience sourcing consulting, professional services, and/or corporate services
  • Direct negotiation and contracting experience
  • Ability to lead cross-functional sourcing initiatives and influence without direct authority
  • Strong commercial, analytical, market assessment, and negotiation strategy skills
  • Strong written and verbal communication skills
  • Executive presentation skills
  • Advanced Excel and PowerPoint proficiency
  • Power BI or similar analytics tools experience
  • Knowledge of procurement and contract lifecycle workflows
  • Knowledge of professional services agreements, including MSAs, SOWs, rate cards, and change orders
  • Experience in management consulting, internal consulting, PMO, or sourcing within regulated financial services or insurance
  • Experience supporting AI procurement, including tooling evaluations, contract addenda workflows, and AI-assisted sourcing
  • Experience sourcing AI consulting and advisory services
  • Post-secondary degree in Business, Supply Chain, Finance, or a related field, or equivalent experience
  • SCMP, CPSM, CIPS, or similar professional designation

Manulife Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Manulife and has not been reviewed or approved by Manulife.

  • Healthcare Strength — Healthcare coverage is portrayed as comprehensive, spanning medical, dental, prescription drugs, vision, critical illness, and short- and long-term disability. Mental-health support is emphasized via EAP-style services and high annual coverage limits in some regions, alongside wellness programs and navigation tools.
  • Retirement Support — Retirement offerings are positioned as a meaningful part of total rewards, including group RRSP/defined contribution pension options and employer matching in some cases. Ownership-related programs such as share purchase/stock options are also described as available for eligible employees.
  • Flexible Benefits — Benefits are described as robust and flexible, with customizable packages and spending-account style options in some plans. Digital tools (mobile app/claims) and reward-linked wellness programs are framed as making benefits easier to use and more engaging.

Manulife Insights

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The Company
HQ: Toronto, Ontario
32,427 Employees
Year Founded: 1887

What We Do

Manulife is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We have more than 40,000 employees, over 116,000 agents serving ~34 million customers worldwide, and over $1.3 trillion in assets under management and administration. Visit www.Manulife.com to find out more. For Manulife terms of use, please visit http://bit.ly/SM_Terms

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