At Fairstone, our culture is built on strong values and leadership principles that define the expectations we have for working together and with our customers. We help Canadians find the right solution to meet their needs with a variety of products and services. Our values and principles guide the actions we take to ensure our customers get the best experience possible.
Be part of our talented and growing team! We are currently looking for a Senior Analyst, Strategic Sourcing, to join our team, reporting to the Senior Manager, Strategic Sourcing.
As a Senior Analyst, Strategic Sourcing, you will be involved in supporting procurement activities such as purchase orders and contracts, assisting with the negotiation, drafting, and ongoing management of various contracts like MSAs, SOWs, and LMAs. It also includes collaboration with Legal, vendors, and business areas, leading sourcing events like RFx and contract negotiations or renewals and conducting analyses to provide recommendations on contracts.
"Be a part of our inclusive workplace where diverse perspectives drive innovation and excellence."
WHY JOIN US?
BECAUSE WE ARE PROUD TO BE One of Montreal's Top Employers for 2024 for the fourth consecutive year by the editors of Canada's Top 100 Employers.
WE OFFER:
- Work-Life Balance: Our 37.5-hour workweek and hybrid model (3 days in-office) promote a healthy balance.
- Wellness: Tailored well-being solutions available 24/7.
- Time Off: Minimum 15 paid vacations, 6 wellness days, with federal holidays.
- Community Support: Paid Volunteer Day to give back to your community.
- Retirement Planning: Employee and employer contribution pension plan, plus the Fairstone Retirement Savings Plan
- Education: Tuition reimbursement program covering expenses up to $3,000 per year.
- Development: Access to Fairstone Academy for comprehensive training and skill development.
- Employee discounts: Exclusive access to discounted products and services, including car insurance, hotels, attractions, movies, gym memberships, and more.
WHAT WILL YOU WORK ON?
- Drive the contract negotiation process, with consultative support, as required, from other areas
- Proactively work with the business area to understand business needs, business strategy, and pipeline of contract renewals to build an overall supplier contract strategy
- Plan and conduct sourcing events (e.g. RFI, RFP, contract negotiation/renewal, etc.)
- Track, monitor, and manage sourcing and contracting agenda including progress, risk, and benefits
- Provide the managers with advisory assistance in strategic sourcing
- Act as the issues/incident escalation point for the supplier that may have an enterprise-wide impact or not resolved at the business level
- Ensure the accuracy of purchase requisitions, PO details
- Conduct market intelligence activities
- Lead due diligence activities to ensure contracts and renewals incorporate business and regulatory requirements
- Track calculations of penalties and disputes and participating in their settlement
- Maintain up to date the policies, procedures and processes regarding contract and procurement management
- Maintain and upgrade the systems and tools allowing adequate management of all procurement documents
- Create, maintain, and meet deadlines for procurement reporting and KPIs
- Perform other duties as assigned
#CORPON
WHO ARE WE LOOKING FOR
- Bachelor degree in Business or Engineering or equivalent
- 4-5 years of relevant experience
- Procurement and strategic sourcing experience in banking industry and OSFI guidelines
- Ability to develop and maintain strong relationships with multiple vendors and business partners both internal and external
- Strong financial acumen and negotiation skills
- Excellent written and verbal communication skills, comfortable and confident communicating at all levels including business partners, Executives and Vendors
- Excellent knowledge of computer software such as MS Office
- Familiarity with ERP systems
** This role is vacant**
We are honored to be recognized for offering a best-in-class workplace, incentives, and initiatives to our dedicated employees who have helped build Fairstone into an employer of choice.
WE ARE PROUD TO BE: Montreal's Top Employers 2024 by Canada’s Top 100 Employers!
Learn more: https://www.fairstone.ca/en/about/canadian-lender
Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/
If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.
Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.
Time Type:
Full time
Job Type:Permanent
What We Do
At Fairstone Bank, we do things differently. We’re committed to strengthening how businesses connect with their customers, offering value-driven financial products and services that drive business success and deliver the right customer experience. We do this by building adaptable, innovative financial services, so clients can take full advantage of every opportunity that comes their way.
Fairstone Bank and its subsidiary, Fairstone Financial Inc. (“Fairstone”), form a leading consumer lending group, offering a complement of financial services designed to enhance customer loyalty and deliver confident borrowing experiences. From credit card issuance and program management to point-of-sale financing programs, automobile financing, broker deposits and direct-to-consumer lending, Fairstone Bank and Fairstone provide financial solutions that enable consumers and businesses to achieve their goals.
With a long-established Canadian history, the company is committed to improving the lives of Canadians with value-driven and accessible financial solutions. Fairstone Bank and Fairstone are powered by a diverse workforce located in three corporate offices and in over 240 Fairstone branches coast to coast.
In 2022, Fairstone was proud to receive the Parity Certification by Women in Governance for the third year in a row, and to be nominated for the second year in a row as a Montreal Top Employer. As an organization, Fairstone Bank of Canada is committed to supporting and empowering a workplace focused on diversity, equity and inclusion.
If you’re looking to join a corporate culture built on strong values, with managers who appreciate your contributions and inspire you to do your best every day, join our team!
For employment opportunities: https://fairstone.wd3.myworkdayjobs.com/FairstoneCareers
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