Sourcing Manager - 58514

Randstad Canada; Toronto; Hybrid; CAD 69,000 - 92,000; Full time

Benefits offered by this job

Extension potential

Executive exposure

Collaborative culture

Job summary

Randstad Canada is seeking a results-driven Sourcing Manager to lead end-to-end engagements across technology, commodities and professional services in a fast-paced, regulated financial services environment in Toronto. You will shepherd high-priority initiatives from intake to contract execution.

Toronto hybrid role (4 days onsite, 1 day remote) on a 3-month contract with strong extension potential. You will partner with senior executives, drive negotiations, risk governance and sourcing

Qualifications

• Soft skills with executive presence and strong stakeholder management.
• Proven project management capability in fast-paced environments.
• Experience negotiating terms and owning contract execution (SOWs, MSAs, POs).
• Experience navigating regulated environments in financial services or healthcare is preferred.
• Self-starter with rapid decision-making abilities.

Responsibilities

• Manage 20–25 concurrent sourcing engagements end-to-end from intake to contract execution.
• Partner with senior leadership to present sourcing pathways and market intelligence.
• Negotiate commercial terms and contractual agreements (POs, SOWs, MSAs).
• Coordinate with Risk and Oversight functions to vet vendors.
• Evaluate market options and lead RFPs/RFQ processes.

Skills

Executive presence

Communication

Interpersonal skills

Time management

Stakeholder influence

Project management

Negotiation

Contracting

Regulated industry

Self-starter

Education

Post-secondary degree

Procurement certifications

Tools

SAP Ariba

Coupa

Job description

We are seeking a results-driven, highly adaptable Sourcing Manager to join a dynamic enterprise procurement team in a premier financial institution. In this role, you will quarterback end-to-end sourcing engagements across technology, commodities, and professional services in a fast-paced, heavily regulated environment.

While candidates with solid strategic sourcing backgrounds are encouraged to apply, top priority is placed on exceptional soft skills, including high-level executive stakeholder management, rapid decision-making, and strong project leadership. You will operate independently to shepherd high-priority business initiatives from intake through contract execution, directly impacting operational success across multiple lines of business.

Location: Toronto, ON (Hybrid: 4 days onsite, 1 day remote)

Contract Duration: 3 months (High likelihood of extension to 12+ months based on project funding)

Work Schedule: Monday – Friday, Core Business Hours (37.5 hours/week)

Pay Rate $58.27

Advantages

• High Extension Potential: While initially funded for 3 months due to project cycles, there is a very strong likelihood of extension to a 12+ month term.
• High-Impact Exposure: Direct, daily interaction with senior executives and key decision-makers across a top-tier corporate environment.
• Collaborative Culture: Join a supportive, highly respected team environment that values autonomy, growth, and professional development.

Responsibilities

• End-to-End Engagement Shepherding: Manage a portfolio of 20–25 concurrent sourcing engagements of varying complexity, driving projects from initial intake kickoff through supplier selection, risk assessments, and final contract execution.
• Executive Stakeholder Management: Act as a strategic partner to internal lines of business; present proposed sourcing pathways, recommendations, and market intelligence to senior leadership to secure buy-in.
• Commercial & Contract Negotiation: Negotiate commercial terms, pricing structures, and contractual agreements across a wide spectrum of complexities—ranging from standard Purchase Orders (POs) and Statements of Work (SOWs) to full Master Services Agreements (MSAs).
• Cross-Functional Risk Governance: Partner weekly with internal Risk and Oversight functions (e.g., Cybersecurity, Compliance, Financial Controls) to ensure potential vendors pass required vetting, governance, and assessment frameworks.
• Sourcing Strategy Execution: Evaluate market options to recommend optimal procurement routes, whether through sole-sourcing strategies or leading competitive market events (RFPs/RFQs).

Qualifications

Must-Have Qualifications

• Soft Skills & Executive Presence: Exceptional verbal/written communication, strong interpersonal acumen, time management, and proven success influencing senior-level stakeholders.
• Project Management Capability: Ability to run engagements like dedicated projects, managing multiple competing priorities with minimal supervision in a fast-paced environment.
• Negotiation & Contracting: Proven experience negotiating commercial terms and contract structures (e.g., SOWs, MSAs, POs)—specifically owning the contract execution process, not just reviewing documents.
• Regulated Industry Experience: Prior background navigating complex, highly regulated environments (Financial Services, Banking, or Healthcare preferred).
• Self-Starter Mindset: Proactive, highly resourceful, and able to hit the ground running with rapid decision-making skills.

Nice-to-Have Qualifications

• Post-secondary degree or formal Supply Chain/Procurement certifications.
• Familiarity with enterprise procurement tools, specifically SAP Ariba (contract repository) and Coupa (risk management).
• Broad category experience spanning technology (cloud, infrastructure, software), commodities, and professional services.