28 Oct
|
Société Générale
|
Montreal
28 Oct
Société Générale
Montreal
Strategic Sourcing within Société Générale ("SG") Americas Sourcing Department supports the overall goals of the Global Sourcing Department in Paris ("ACHA/DIR") to optimize and control SG's cost structure while mitigating commercial, operational, and legal risks. This role is responsible for sourcing and supplier management activities across the Market Data, Trading Services, and Legal Services categories for the Americas region. The position partners closely with Front Office, Research, Legal, Compliance, Operations, Technology, and Finance stakeholders to execute sourcing initiatives, negotiate commercial agreements, manage supplier relationships, and identify opportunities to generate value through cost savings, process improvements, supplier optimization, and risk mitigation. Lead sourcing initiatives across Market Data, Trading Services, and Legal Services categories. Manage competitive sourcing events, including RFIs, RFPs, and RFQs. Conduct spend analysis, supplier market research, benchmarking, and commercial evaluations. Lead commercial and contractual negotiations, including drafting and negotiating both legal and commercial terms and conditions in agreements such as MSAs, Order Forms, License Agreements, Data Agreements, Engagement Letters, NDAs, and Statements of Work. Identify opportunities for supplier consolidation, demand management, and process improvements. Market Data Category Manage sourcing activities for: Market data providers Pricing and reference data services Real-time and delayed data feeds Market data terminals and desktop solutions Exchange data licensing Negotiating market data licensing agreements and subscription renewals. Managing exchange fee structures and vendor licensing requirements.
Benchmarking pricing and commercial terms across providers. Supporting business stakeholders in evaluating new market data products and services. ICE Data Services Trading Services Category Manage sourcing activities for: Electronic trading platforms Execution management systems (EMS) Order management systems (OMS) Trading connectivity and network services Trading infrastructure services Market access solutions Post-trade and trade support services Supporting sourcing initiatives related to trading technology and market connectivity. Negotiating commercial agreements with trading service providers. Collaborating with Front Office, Electronic Trading, Infrastructure, and Operations teams. Evaluating supplier performance and service-level commitments. Assessing opportunities for cost optimization and service enhancements. Legal Services Category Manage sourcing activities for: Regulatory and compliance advisory services Litigation support services Legal managed services Contract management services Negotiating rate cards, fee arrangements, and engagement terms with law firms and legal service providers. Managing alternative fee arrangements (AFAs) and fixed-fee engagements. Supporting legal panel reviews and law firm selection processes. Conducting benchmarking and spend analysis across legal service providers. Stakeholder Management Collaborate with Legal, Compliance, Finance, Risk, Technology, Operations,
and Third-Party Risk Management teams Act as a trusted advisor to stakeholders on supplier selection, commercial models, and market trends. Contract Management & Legal Knowledge Strong understanding of commercial contracting principles and contract lifecycle management. Ability to identify and assess legal, commercial, operational, regulatory, and financial risks within supplier agreements. Data privacy and data protection Information security requirements Ability to independently lead contract negotiations and drive resolution of complex contractual issues with suppliers and legal counsel. 8 + years of experience in strategic sourcing, procurement, vendor management, or category management. Experience managing or supporting Market Data, Trading Services, Professional Services, Legal Services, Technology, or other indirect spend categories. Experience participating in contract negotiations and competitive sourcing activities. Experience managing high-value supplier relationships and commercial negotiations. The role requires the ability to review, draft, negotiate, and finalize commercial terms and conditions while effectively managing legal, operational, regulatory, and financial risks in partnership with Legal and Compliance teams. Strong communication, stakeholder management, and negotiation skills. Ability to manage multiple initiatives simultaneously. Understanding of financial markets, trading ecosystems, and market data licensing models. Robust commercial acumen and contract negotiation capabilities. Technical Skills Advanced Microsoft Excel Ariba, SAP, Coupa, JAGGAER) Contract lifecycle management tools Knowledge of AI tools and technologies to improve sourcing
📌 Sourcing Manager (Montreal)
🏢 Société Générale
📍 Montreal