Procurement Manager - Sourcing & Contracting x 2

Procom; Toronto; Hybrid; CAD 110,000 - 150,000; Full time

Job summary

Procom is seeking a Procurement Manager - Sourcing & Contracting for a 10-month engagement with a banking client in Toronto. The role is hybrid, requiring 4 days onsite at the client’s Toronto office and one day remote.

You will lead end-to-end procurement initiatives, develop sourcing and negotiation strategies, manage supplier selections, and drive contract execution while ensuring governance and regulatory compliance.

Qualifications

• 8+ years of experience in procurement, strategic sourcing, or contract management.
• Experience leading end-to-end procurement transactions.
• Strong negotiation skills with suppliers.
• Experience partnering with business stakeholders and legal teams.
• Excellent communication skills.
• Strong commercial acumen and risk management capabilities.
• Ability to manage multiple complex initiatives.

Responsibilities

• Lead procurement initiatives through the full procurement lifecycle.
• Develop and execute sourcing and negotiation strategies.
• Manage supplier selection, negotiations, and contract execution activities.
• Lead multiple procurement initiatives simultaneously.
• Evaluate supplier proposals and provide recommendations.
• Ensure compliance with policies, standards, and governance requirements.
• Build strong relationships with business partners and suppliers.

Skills

8+ years experience

Negotiation skills

Communication skills

Commercial acumen & risk mgmt

Stakeholders & legal liaison

Multi-project mgmt

End-to-end procurement

Job description

Procurement Manager - Sourcing & Contracting x 2:On behalf of our Banking client, Procom is searching for a Procurement Manager - Sourcing & Contracting for a 10-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office.Procurement Manager - Sourcing & Contracting x 2 - Job Description:The Procurement Manager, Sourcing & Contracting, will lead complex procurement initiatives, managing the entire procurement lifecycle from strategy development through sourcing, negotiations, and contract execution. This role requires collaboration with business stakeholders, suppliers, and legal teams to ensure successful procurement transactions within a regulated environment.Procurement Manager - Sourcing & Contracting x 2 - Responsibilities:• Lead procurement initiatives through the full procurement lifecycle.• Develop and execute sourcing and negotiation strategies.• Manage supplier selection, negotiations, and contract execution activities.• Lead multiple procurement initiatives simultaneously.• Evaluate supplier proposals and provide recommendations.• Ensure compliance with policies, standards, and governance requirements.• Build strong relationships with business partners and suppliers.Procurement Manager - Sourcing & Contracting x 2 - Mandatory Skills:• 8+ years of experience in procurement, strategic sourcing, or contract management.• Experience leading end-to-end procurement transactions.• Strong negotiation skills with suppliers.• Experience partnering with business stakeholders and legal teams.• Excellent communication skills.• Strong commercial acumen and risk management capabilities.• Ability to manage multiple complex initiatives.Procurement Manager - Sourcing & Contracting x 2 – Nice-to-Have Skills:• Experience within financial services or another highly regulated industry.• Professional procurement or contract management certification.• Experience in technology or enterprise services procurement.• Experience with governance and risk management frameworks.Procurement Manager - Sourcing & Contracting x 2 – Assignment Length:This is a 10-month contract position with the possibility of extension or conversion based on business needs and performance.Procurement Manager - Sourcing & Contracting x 2 - Start Date:ASAP.Procurement Manager - Sourcing & Contracting x 2 - Assignment Location:Toronto, Ontario, Canada. This is a hybrid role with 4 days onsite and 1 day working from home.This posting is for an existing vacancy.This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.