Manager Sourcing (Toronto)

Manager Sourcing (Toronto)

04 Aug
|
Manulife Insurance Malaysia
|
Toronto

04 Aug

Manulife Insurance Malaysia

Toronto

Job Summary

This role is responsible for executing sourcing and contracting initiatives end-to-end - from intake and strategy through negotiations, award, and contract execution - while partnering with Operations and Business stakeholders, Legal, Risk, and Finance to deliver robust commercial outcomes and manage risk. In addition, this role contributes to continuous improvement across the Operations sourcing portfolio by providing benchmarking, analytics, and executive-ready materials that improve decision quality, cycle time, and consistency.

Position Responsibilities

Collaborate and lead cross-functional teams to execute medium value/complexity sourcing projects and contracting efforts for Operations and IT categories (e.g. Investment and Insurance software/platforms, Corporate real estate software and outsourced services, market data, BPO technology services, Print and post, as applicable).

Plan and execute renewals/amendments, including tracking key expirations and developing renewal workplans with stakeholders.





Develop PxQ baseline spend and contract analysis, determine sourcing strategy (competitive vs. single source), lead negotiations, and drive supplier selection recommendations.

Influence and shape business requirements needed to evaluate suppliers and enable timely, unified decisions.

Commercial execution & contract negotiation

Read, understand, and negotiate commercial terms in current contracts and proposals; coordinate with Legal/Risk/Finance SMEs to close key gaps and finalize contract documents.

Ensure initiatives are logged and progressed through Ivalua intake-to-contract workflow; coordinate required SMEs (e.g., VGM/VISM/Legal) to support risk and contracting steps.

Maintain clean deal documentation and workflow progression through procurement systems and CLM processes (including contract review/redlining practices in Sirion where applicable).

Stakeholder management

📌 Manager Sourcing (Toronto)
🏢 Manulife Insurance Malaysia
📍 Toronto

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