Senior Manager, Corporate Services Sourcing
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Key skills for this role
About the Role
Scotiabank is looking for an experienced procurement leader to shape high-impact sourcing strategies across enterprise-wide categories. You will lead end-to-end sourcing initiatives, negotiate supplier agreements, and build trusted relationships with senior stakeholders.
Key Skills for This Role
Responsibilities
- Lead complex, enterprise wide sourcing initiatives across assigned categories
- Use spend analysis, market intelligence, and supplier capability assessments to identify opportunities for savings, value creation, innovation, and risk reduction
- Design and execute competitive sourcing events including RFIs, RFPs, RFQs, evaluations, and negotiations
- Negotiate commercially sound supplier agreements balancing total cost of ownership, service quality, risk, and flexibility
- Build trusted relationships with senior stakeholders and influence sourcing decisions through clear business cases
- Partner with risk, legal, compliance, finance, and business teams to ensure alignment with policies and regulatory expectations
- Manage supplier relationships during strategic initiatives including performance expectations and issue resolution
- Identify consolidation, renewal, contract optimization, and supplier rationalization opportunities
- Track sourcing pipeline activity, benefits, risks, milestones, and stakeholder commitments
- Champion procurement best practices including category planning, supplier relationship management, and benefits realization
Requirements
- Bachelor's degree in Business, Supply Chain, Finance, Management, or related field
- 5–10+ years of progressive experience in strategic sourcing, procurement, category management, supplier management, or supply chain
- Professional procurement designation such as CPM, CPSM, CSCMP, CIPS, or equivalent preferred
- Experience leading sourcing strategies in a large, complex, matrixed, or global organization
- Strong commercial acumen and negotiation capability
- Proven ability to influence senior stakeholders and lead cross functional teams
- Hands on experience with spend analysis, supplier segmentation, market assessments, cost modelling, total cost of ownership, and benefits tracking
- Understanding of third party risk, regulatory expectations, and procurement governance within financial services or another highly regulated environment is an asset
- Excellent communication skills
Full Job Posting
The Role
- This is an opportunity for an experienced procurement leader to shape high impact sourcing strategies across complex, enterprise wide categories.
- As Senior Manager, Corporate Services Sourcing, you will bring market insight, commercial discipline, supplier expertise, and strong stakeholder influence.
- Categories include Marketing and Communication, Operation Banking, Professional Services, Real Estate & Facilities, Corporate Services, Financial Services / BPO.
Is this role right for you? In this role, you will:
- Lead complex, enterprise wide sourcing initiatives across assigned categories, translating business priorities into clear category and sourcing strategies.
- Use spend analysis, market intelligence, supplier capability assessments, and demand insights to identify opportunities for savings, value creation, innovation, and risk reduction.
- Design and execute competitive sourcing events, including RFIs, RFPs, RFQs, evaluations, supplier shortlisting, negotiation strategies, and award recommendations.
- Negotiate commercially sound supplier agreements that balance total cost of ownership, service quality, risk, flexibility, and long term business needs.
- Build trusted relationships with senior stakeholders and influence sourcing decisions through clear business cases, financial analysis, and procurement expertise.
- Partner with risk, legal, compliance, finance, and business teams to ensure sourcing activities align with internal policies, regulatory expectations, and third party risk standards.
- Manage supplier relationships during strategic initiatives, including performance expectations, issue resolution, executive engagement, and continuous improvement.
- Identify consolidation, renewal, contract optimization, and supplier rationalization opportunities.
- Track sourcing pipeline activity, benefits, risks, milestones, and stakeholder commitments.
- Champion procurement best practices, including category planning, supplier relationship management, demand management, negotiation preparation, and benefits realization.
- Act as a strategic advisor and escalation point for supplier, commercial, and sourcing matters.
- Support continuous improvement across procurement processes, tools, governance, and stakeholder engagement practices.
What you bring to the role:
- Bachelor's degree in Business, Supply Chain, Finance, Management, or a related field; Master's degree is an asset.
- 5–10+ years of progressive experience in strategic sourcing, procurement, category management, supplier management, or supply chain.
- Professional procurement designation such as CPM, CPSM, CSCMP, CIPS, or equivalent is preferred.
- Experience leading sourcing strategies in a large, complex, matrixed, or global organization.
- Strong commercial acumen, negotiation capability, and ability to build compelling sourcing recommendations supported by data and business insight.
- Proven ability to influence senior stakeholders, manage competing priorities, and lead cross functional teams through ambiguity and change.
- Hands on experience with spend analysis, supplier segmentation, market assessments, cost modelling, total cost of ownership, and benefits tracking.
- Understanding of third party risk, regulatory expectations, and procurement governance within financial services or another highly regulated environment is an asset.
- Ability to interpret complex technical, operational, contractual, and financial information.
- Excellent communication skills, including ability to present clear recommendations, negotiate effectively, and build trust.
- Familiarity with procurement technologies, e sourcing tools, contract lifecycle management, supplier management platforms, analytics tools, or ERP systems.
- A continuous improvement mindset and commitment to delivering value, managing risk, and elevating procurement's impact.
Why this opportunity stands out:
- Opportunity to influence enterprise wide spend decisions and shape sourcing strategies across high value categories.
- Role with visible impact, senior stakeholder exposure, and ability to strengthen supplier partnerships, risk management, and business outcomes.
- Rewarding career path with diverse opportunities for professional development, mobility, and continued growth.
- Competitive rewards program including bonus, flexible vacation, personal and sick days, and comprehensive benefits that start on your first day.
- Diversity, Equity, Inclusion & Allyship inclusive culture with Employee Resource Groups.
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