Senior Analyst, Sourcing & Vendor Management

Scotiabank; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Analyst in Sourcing & Vendor Management. This role involves managing supplier relationships, ensuring compliance, and optimizing contract value. The ideal candidate will have strong project management skills, experience in supply chain management, and the ability to negotiate effectively. Join a collaborative and inclusive environment that values diverse skills and offers competitive rewards, including salary and bonuses. If you're ready to make a significant impact in a dynamic setting, this opportunity is for you.

Benefits

Flexible dress code

Access to tools and learning opportunities

Diverse leadership

Growth support

Competitive rewards including salary and bonuses

Qualifications

• 5+ years in supply chain or contract management.
• Pursuit of relevant certifications preferred.

Responsibilities

• Manage supplier relationships and lead project implementations.
• Ensure supplier performance and compliance with policies.
• Develop dashboards and monitor SLAs.

Skills

Project management

Negotiation skills

Problem-solving

Microsoft Office proficiency

Spanish proficiency

Education

Post-secondary education

Tools

Industry software

Job description

Join to apply for the Senior Analyst, Sourcing & Vendor Management role at Scotiabank.

Get AI-powered advice on this job and more exclusive features.

Requisition ID: 223144

Join a purpose-driven, high-performing culture committed to results.

The Role

The Supplier Management Specialist manages enterprise third-party relationships throughout the contract lifecycle to optimize value and mitigate risk. Responsibilities include identifying partner needs, sourcing suppliers, evaluating costs and quality, executing strategic vision, managing relationships, and resolving issues.

This role acts as a subject matter expert on industry trends and best practices, advising stakeholders and supporting additional duties as assigned.

What will you do?

• Manage assigned Suppliers: liaise with internal stakeholders, develop RFPs, lead project implementations, build business cases, manage supplier relationships, lead review meetings, negotiate contracts, ensure invoice accuracy, identify opportunities for savings and process improvements.

• Ensure Supplier performance, compliance, and governance: develop dashboards, monitor SLAs, analyze invoices, consolidate data for executive dashboards, ensure compliance with policies and regulations.

• Provide communication and support: respond promptly, prioritize issues, support colleagues, develop relationships with stakeholders.

• Manage record keeping: maintain contracts and related documents, stay updated on industry and legal trends, and ensure data accuracy and accessibility.

What do you need to succeed?

• Project management knowledge, ability to work independently or in teams, proficiency in Microsoft Office and industry software, strong negotiation and problem-solving skills.
• At least five years of experience in supply chain or contract management, post-secondary education, and pursuit of relevant certifications are preferred. Proficiency in Spanish is desirable.

What's in it for you?

• Inclusive, collaborative environment, access to tools and learning opportunities, diverse leadership, growth support, flexible dress code, competitive rewards including salary, bonuses, benefits, and more.

Location: Toronto, Ontario, Canada.

At Scotiabank, we value diverse skills and experiences and are committed to an inclusive environment. Accommodations are available during the recruitment process. Candidates must apply online; only shortlisted candidates will be contacted.