Strategic Sourcing Leader — End-to-End Value & Risk

BMO; Toronto; Hybrid; CAD 76,000 - 142,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group is seeking a procurement professional to lead sourcing initiatives in a hybrid Toronto-based role. You will partner with stakeholders, run RFI/RFP events, and negotiate supplier contracts while tracking savings and risk across categories.

The role demands 5–7 years in strategic sourcing or procurement, deep knowledge of procurement processes, and strong analytical skills. In-office collaboration is required 3x per week in Ontario.

Qualifications

• Typically between 5 - 7 years of relevant strategic sourcing, supply chain and/or procurement work experience.
• Experience in most areas of sourcing.
• Knowledge of sourcing/procurement processes, procedures and controls - In-depth.
• Knowledge of relevant risk and regulatory requirements - In-depth.
• Knowledge of Sourcing in Financial Services or Technology industries - In-depth.
• Knowledge of the group/business environment and processes and procedures.

Responsibilities

• Acts as a trusted advisor to assigned business/group.
• Influences and negotiates to achieve business objectives.
• Recommends and implements solutions based on analysis of issues and implications for the business.
• Assists in the development of strategic plans. Identifies emerging issues and trends to inform decision-making.
• Manages and implements sourcing strategy projects throughout their lifecycle, leveraging appropriate systems and tools to ensure accurate and up to date reporting on project progress and issues.
• Manages sourcing category/supply chain initiatives end-to-end.
• Develops Category Management Framework and Sourcing Strategy.
• Directs the development of sourcing strategies/ recommendations.
• Drives end to end execution of sourcing category initiatives.
• Builds effective relationships with internal/external stakeholders and ensures alignment between stakeholders.

Skills

Strategic sourcing

Stakeholder engagement

Negotiation

Data analysis

Project management

Education

Post-secondary degree in related field

Tools

Excel

Procurement systems

Job description

BMO Financial Group is seeking a procurement professional to lead sourcing initiatives in a hybrid Toronto-based role. You will partner with stakeholders, run RFI/RFP events, and negotiate supplier contracts while tracking savings and risk across categories.

The role demands 5–7 years in strategic sourcing or procurement, deep knowledge of procurement processes, and strong analytical skills. In-office collaboration is required 3x per week in Ontario.