Senior Manager, Technology Sourcing

Refinitiv; Toronto; Hybrid; CAD 120,000 - 150,000; Full time

Job summary

A leading company is seeking a Senior Manager in Technology Sourcing to oversee large negotiations and develop sourcing strategies that align with IT objectives. The ideal candidate will have extensive experience in IT sourcing and proven cost-saving initiatives, along with excellent communication and leadership skills. This hybrid role offers flexibility in working arrangements and opportunities for career development within a supportive environment.

Benefits

Flexible hybrid working environment

Comprehensive benefit plans

Career development and growth opportunities

Qualifications

• 5-10+ years experience in IT Sourcing.
• Experience negotiating IT agreements over $20M.
• Ability to collaborate cross-functionally.

Responsibilities

• Lead sourcing strategy development and execution.
• Manage complex negotiations with suppliers.
• Drive value through stakeholder collaboration.

Skills

Negotiation

Analytical Skills

Problem Solving

Communication

Project Management

Education

Bachelor's degree or equivalent

Job description

Senior Manager, Technology Sourcing page is loaded

Apply remote type Remote Job : Hybrid locations CAN-TORONTO-333 Bay Street time type Full time posted on Posted 13 Days Ago time left to apply End Date : July 22, 2025 (30+ days left to apply) job requisition id JREQ191353

Reporting to the Senior Director of Technology Sourcing, the Senior Manager of Technology Sourcing will take a leadership role within the Technology Software spend, developing Category Plans and implementing a range of sourcing initiatives to support those plans. You will assist business leaders in managing their respective P&L's with regards to spending, planning, and development of supplier relationships critical to their respective lines of business.

About the Role

In this role as a Senior Manager, Technology Sourcing , you will :

Develop Category Plans containing a portfolio of key initiatives which deliver the IT Strategy, working directly with stakeholders to understand their needs and to determine the right sourcing strategies

Collaborate with various functions such as Legal, Risk & Compliance, ISRM, Technology and Business stakeholders to drive value

Lead large, complex negotiations with key suppliers

Effectively and efficiently apply the Global Procurement methodology and provide guidance on proper use of the procurement policies to stakeholders

Identify opportunities to rationalize suppliers to simplify supplier landscape and leverage spend through consolidation or aggregation of demand to drive commercial efficiency

Develop and maintain relationships with key stakeholders and external vendors

Be a leader in the procurement function and provide support / coaching to junior members of the larger procurement organization

Represent Procurement in governance forums with strategic IT suppliers, and build and enhance relationships with strategic IT suppliers along with the vendor and service delivery management teams to deliver high levels of service

Category Plans and sourcing strategies developed and approved by all relevant stakeholders

High-quality collateral, Sourcing project artifacts, and negotiated supplier agreements developed and approved in accordance with the Global Procurement Methodology at each stage of the sourcing lifecycle to facilitate informed decision-making amongst the stakeholder community

Significantly reduced third party risks with mitigation strategies for each IT sourcing initiative

Significant and sustainable annual reduction in Thomson Reuters cost-base, demonstrated using a robust savings methodology which is consistently applied and rigorously approved

About You

You're a fit for the Senior Manager, Technology Sourcing if your background includes :

At least 5-10+ years of experience in IT Sourcing including successful development and negotiation of IT agreements in excess of $20M value

Experienced sourcing practitioner, understanding of best-practice sourcing methodology with a deep understanding of contract terms and contractual language; proven skills and experience in drafting and redlining contracts and a demonstrated track record of working ethically to achieve excellent outcomes

Knowledge of the sourcing marketplace and trends in the industry, as well as regulatory climate, including the ability to assess the impact of change in the context of the sourcing strategy

Proven track record of delivering significant and sustainable cost reductions through effective implementation of a coherent IT sourcing strategy

Experience working with large enterprise software companies (e.g., Oracle, IBM, Microsoft, Salesforce, SAP etc)

Demonstrated ability to think critically and solve problems

Expert analytics and ability to develop coherent and high-quality sourcing collateral including business cases, contract summaries, presentations, and RFx materials

Ability to communicate clearly and concisely both verbally and written and ability to collaborate cross functionally to deliver results.

Excellent interpersonal and communication skills

Self-starter who can take ownership and lead projects independently

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What’s in it For You?

Hybrid Work Model : We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.

Flexibility & Work-Life Balance : Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance.

Career Development and Growth : By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future.

Industry Competitive Benefits : We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.

Culture : Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values : Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together.

Social Impact : Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives.

Making a Real-World Impact : We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

About Us

Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.

We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex / gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.

We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law. More information on requesting an accommodation here .

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More information about Thomson Reuters can be found on thomsonreuters.com.