Senior Manager, Sourcing (Ontario)

Senior Manager, Sourcing (Ontario)

19 Sep
|
Manulife Financial
|
Ontario

19 Sep

Manulife Financial

Ontario

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 strong commercial outcomes and manage risk. In addition, this role contributes to continuous improvement across the Investment Software and Financial Market Data sourcing portfolio for Manulife’s Global Wealth and Asset Management Division by performing benchmarking, analytics, and executive-ready materials that improve decision quality, cycle time, and consistency.

Position Responsibilities:

Collaborate with cross-functional teams to execute medium value/complexity sourcing projects and contracting efforts for Investment categories (trading and accounting platforms, advisory platforms, financial ratings and reference data).

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 (vendor risk, legal, privacy, tax) to support risk and contracting steps.

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

Stakeholder management

Manage relationships with key business partners and project owners to maintain momentum, surface blockers early, and ensure alignment on trade-offs and approvals.

Governance for procurement

Support required governance inputs for technology purchases (e.g., architectural reviews/AI reviews and required pre-requisites where applicable) to ensure the deal can proceed through internal approvals and onboarding.

Benchmarking, analytics, and business cases

Conduct RFP benchmarking and opportunity assessments to strengthen sourcing strategies and negotiation positions (e.g., rate/price benchmarking, deal structure options, value levers).

Provide business intelligence and insights to improve data-driven sourcing decisions and portfolio prioritization.

Metrics, dashboards, and executive communications

Define and track key performance metrics (pipeline, cycle time, sourcing outcomes) and develop dashboards or reporting views to support tower priorities.

Create executive-ready presentations that synthesize deal status, risks, tradeoffs,



and opportunities for improvement.

AI

Contribute to AI-enabled procurement improvements that directly support sourcing execution - e.g., AI-assisted contract review/redlining, faster RFx drafting, improved spend/market intelligence, and workflow efficiency - by helping shape requirements, pilots, and adoption.

Required Qualifications:

5+ years of progressive experience in Financial Services sourcing, or IT software sourcing, and/or consulting with direct responsibility for negotiations and contracting.

Demonstrated ability to lead cross-functional sourcing initiatives and influence stakeholders without direct authority.

Strong commercial and analytical skills (baseline and market analysis; building negotiation strategy and options).

Robust written/verbal communication skills and ability to produce executive-ready materials.

Working knowledge of procurement tools and workflows (intake-to-contract and contract lifecycle processes).

Advanced MS Excel / PowerPoint skills; familiarity with Power BI or similar analytics tools is an asset.

Preferred Qualifications:

Prior experience in sourcing, strategy/management, consulting (or equivalent internal consulting/PMO experience).

Experience sourcing and negotiating software, platforms, market data services, and Business process outsourcing is considered an asset.

Post‑secondary degree in Business, Supply Chain, Finance, IT, or a related field or equivalent experience.

When You Join Our Team:

We’ll empower you to learn and grow the career you want.

We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

The role being advertised is an existing vacancy.

マニュライフとジョン・ハンコックについて
マニュライフ・ファイナンシャル・コーポレーションは、“あなたの未来に、わかりやすさを”を提供する、国際的な大手金融サービスプロバイダーです。当社について詳しくは、 https://www.manulife.co.jp/lご覧ください。

マニュライフは機会均等を是とする雇用主です




マニュライフ/ジョン・ハンコックでは、多様性を受け入れます。私たちは、サービス提供先であるお客さまと同様に、多様な人材を引きつけ、育成し、定着させ、文化や個人の力を受け入れる包括的な職場環境を促進するよう努めています。当社は公正な採用、定着、昇進、報酬に努めています。当社のすべての慣行およびプログラムは、人種、祖先、出身地、肌の色、民族的出自、市民権、宗教または宗教的信念、信条、性別(妊娠および妊娠関連の状態を含む)、性的指向、遺伝的特徴、退役軍人としての地位、性自認、性に関する表明、年齢、婚姻状況、家族状況、障害、または適用法で保護されるその他の要因に対する一切の差別を行うことなく管理されます。

雇用への平等なアクセスを提供するために、障壁を取り除くことが当社の優先事項です。人事担当者は、応募者が応募プロセス中に合理的配慮を要求する場合に協力します。配慮要求のプロセス中に共有されるすべての情報は、適用される法律およびマニュライフ/ジョン・ハンコックのポリシーに準拠した方法で保存および使用されます。申請プロセスにおいて合理的配慮を要求するには、[email protected]までご連絡をお願いします。

Referenced Salary Location
Toronto, Ontario

Working Arrangement
ハイブリッド勤務

Salary range is expected to be between
$92,900.00 CAD - $142,900.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D; insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

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📌 Senior Manager, Sourcing (Ontario)
🏢 Manulife Financial
📍 Ontario

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