Our Client a Banking company is looking for a Vendor Manager for their Toronto ON/ Mississauga ON/Hybrid location.

Responsibilities:

- End-to-End Procurement Leadership
- Lead procurement initiatives through the full procurement lifecycle from intake through executed agreement.
- Develop and execute sourcing and negotiation strategies that align with business objectives and risk requirements.
- Manage supplier selection activities commercial negotiations contract negotiations approvals and execution activities.
- Lead multiple procurement initiatives simultaneously while managing competing priorities and timelines.
- Commercial & Contractual Negotiations
- Lead negotiations with suppliers to achieve commercially and contractually sound outcomes.
- Evaluate supplier proposals and provide recommendations to stakeholders and senior management.
- Balance business objectives commercial considerations risk requirements and contractual obligations.
- Work closely with Legal and business stakeholders to resolve negotiation issues and drive timely execution.
- Risk Governance & Stakeholder Management
- Ensure procurement activities comply with applicable policies standards controls and governance requirements.
- Partner with Legal Third Party Risk Management Information Security Privacy Compliance Finance and other stakeholders as required.
- Identify and escalate risks issues and contractual exceptions appropriately.
- Build strong relationships with business partners suppliers and control functions.
- Strategic Procurement Support




- Provide strategic sourcing expertise and market insights to business partners.
- Support procurement best practices process improvements and continuous improvement initiatives.
- Leverage available tools data analytics and market intelligence to support decision-making and negotiations.
- Contribute to knowledge sharing coaching and team development activities.

Requirements:

- 8 years of progressive experience in procurement strategic sourcing or contract management
- 8 years of experience leading end-to-end procurement transactions from sourcing strategy through contract execution
- Robust experience negotiating both commercial and contractual terms directly with suppliers
- Experience partnering with business stakeholders Legal and risk and control functions
- Soft skills:
- Excellent communication skills (written and verbal)
- Strong commercial acumen negotiation skills and risk management capabilities
- Excellent stakeholder management communication and relationship-building skills
- Ability to manage multiple complex initiatives in a fast-paced environment
- Strong analytical and problem-solving skills
- Nice-to-have :
- Experience within financial services or another highly regulated industry
- Professional procurement supply chain or contract management certification
- Experience supporting technology operations or enterprise services procurement initiatives
- Experience working within formal governance and risk management frameworks

Why Should You Apply

- Health Benefits
- Referral Program
- Excellent growth and advancement opportunities

Required Experience:

Manager

📌 Vendor Manager (Toronto)
🏢 Iconma Portal
📍 Toronto