Senior Manager, IT Procurement

Posted 3 Days Ago
Be an Early Applicant
Hiring Remotely in CAN
Remote
114K-164K Annually
Senior level
Fintech • Software • Financial Services
The Role
Lead IT sourcing and category management for enterprise technology spend. Develop sourcing strategies and cost-savings plans, negotiate complex software and technology contracts, rationalize vendors, coach sourcing managers, monitor vendor performance, and build strategic supplier relationships to deliver commercial efficiency and service excellence.
Summary Generated by Built In

Company: CGL
Department: Procurement
Employment Type: Regular Full-Time
Work Model: Hybrid (2 days in office)
Language: English is required, French is an asset.


The Opportunity:

We are a leading Canadian financial services co-operative committed to being a catalyst for a sustainable and resilient society and our team is essential to deliver on this strategy. That’s why we prioritize our people, to ensure we provide a strong culture and development opportunities which enables our team to thrive and to live our purpose. The best part is that you will work with people that care passionately about you, our clients, and our communities. 

Our national Procurement and Workplace Services team aspires to provide support and expertise to our business partners to enable their success. We think innovatively and work collaboratively to deliver flexible and sustainable solutions and are committed to adding value beyond expectation. 

As the Senior Manager, IT Procurement, as part of the Enterprise Procurement team, you will support Technology stakeholders in meeting their business goals and objectives. In partnership with business stakeholders, you will be responsible for the development, implementation, management, and performance of sourcing strategies, cost savings, cost management plans as well as complex contract negotiations.  


How you will create impact: 
  • Develop Category Plans and sourcing strategies containing a portfolio of key initiatives which deliver the IT Strategy. 
  • Deliver the key IT sourcing initiatives, achieving best value within acceptable risk and contribute to the development of the annual pipeline of IT sourcing initiatives, integrating with the financial planning process. 
  • Develop aggressive cost savings targets and deliver against cost savings targets and develop demand management strategy and vendor rationalization strategy. 
  • Draft, redline and negotiate supplier contracts within contracting standards and business objectives and rationalize the number of IT suppliers and reduce fragmentation in the spend base to simplify the supplier landscape and drive commercial efficiency. 
  • Provide support and coaching to Sourcing Managers within the Technology Sourcing teams and monitor vendor performance. 
  • Build and enhance relationships with strategic IT suppliers along with the vendor and service delivery management teams to deliver high levels of service whilst maintaining best-in-class commercial terms and conditions. 
  • Coach and develop your team, recruit, and select talent, manage, and reward performance, and foster an agile culture to deliver on strategic objectives.

To join our team:  
  • You have 6-10 years of experience in the IT Procurement field and have 5+ years in a leadership role. 
  • You have a Bachelor’s degree in a related discipline. Having an MBA is considered an asset. 
  • You have experience in strategic sourcing especially IT Category management and supporting IT Cost management programs. 
  • You have experience in negotiating Technology (especially software) agreements and providing input during selecting and implementing contract management systems. 
  • You have proven track record of cost management and cost savings strategy creation and negotiating complex technology agreements.  

How you will succeed:
  • You build trusting relationships and provide feedback to enable the successful development of your team and colleagues. 
  • You foster innovation and continuous improvement with a focus on client experience.   
  • You facilitate the adoption of change and create a high-performance culture through alignment of your team’s work with organizational goals. 
  • You successfully convey messages and demonstrate openness to exploring alternative points of view. 
  • You use critical thinking to guide decision making and apply a strategic mindset to adjust business plans based on shifting priorities. 

What you need to know:
  • You will be subject to a Background check as a condition of employment, in the event you are the successful candidate.
  • You will travel occasionally.


What’s in it for you?
  • Training and development opportunities to grow your career.
  • Flexible work options and paid time off to support your personal and family needs.
  • A holistic approach to your well-being, with physical and mental health programs and a supportive workplace culture.
  • Paid volunteer days to give back to your community.
  • In addition to our competitive salary and incentive programs, eligible employees also benefit from a comprehensive total rewards package including group retirement savings plans, pension and benefits (e.g., health and wellness, dental, disability and life coverage), mental health support and an employee assistance program.

 

Salary information

“Expected salary/hourly range $114,021 - $164,000+” (min-max, full range) 

Salary placement

“The salary amount for the successful candidate is determined by Co-operators in its discretion and will vary depending on several criteria including but not limited to: local market conditions, geography and relevant job-related factors such as knowledge, skills, qualification, experience and education.” 

Incentive/Variable pay 

“Employees may also have the opportunity to participate in incentive programs and earn additional compensation tied to individual and/or business performance, or other business metrics.” 

Skills Required

  • 6-10 years of experience in IT Procurement with 5+ years in a leadership role
  • Bachelor's degree in a related discipline
  • MBA
  • Experience in strategic sourcing, IT category management, and IT cost management programs
  • Experience negotiating technology and software agreements
  • Experience providing input on selecting and implementing contract management systems
  • Proven track record of cost management and delivering cost savings strategies
  • English required
  • French is an asset
  • Subject to background check as a condition of employment
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The Company
HQ: Guelph, Ontario
7,516 Employees
Year Founded: 1945

What We Do

As a leading Canadian financial services co-operative, Co-operators offers multi-line insurance and wealth products, services, and advice to build financial strength and security. With over $56 billion in assets under management, we provide financial solutions and security through property and casualty (P&C) insurance, life insurance, wealth management, institutional asset management and brokerage operations. We are governed by member organizations, including co-operative organizations, credit union centrals and representative farm organizations. We are rooted in the idea that together, we are stronger, safer, and more resilient. Our vision to be a catalyst for a sustainable society is reflected in everything we do, including our community investment programs, strategic partnerships, and active volunteerism. We champion and fund the development of community-oriented co-operatives and social enterprises, invest for positive impact, and work hard to contribute to communities across Canada by supporting financial literacy, mental health, flood safety, and sustainability initiatives and programming. With over 600 locations across the country, over 6,000 employees and a dedicated financial advisor network of over 2,500 licensed insurance representatives, we remain true to our roots: putting the needs of our clients and our communities first. Our response to COVID-19 As an essential service, we took immediate steps to ensure the health and safety of our people, clients, and communities. We’re following the direction of Health Canada as we roll out a phased return to corporate and local offices across the country. If you have applied for a posted role, a recruiter will be in touch with an update. Currently, all interviews are being conducted remotely.

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