Vendor Manager
Location: Toronto, ON

Onsite Flexibility: Hybrid — 4 days on-site, 1 day work from home

Contract Details

Position Type: Contract

Contract Duration: 10 months (with potential for extension and conversion based on business needs and performance)

Shift / Schedule: Monday – Friday, core business hours, 37.5 hours per week, 7.5 hours per day

Travel Requirements: Not required

Job Summary
The Procurement Manager, Sourcing & Contracting , is responsible for leading complex procurement initiatives from strategy development through sourcing, negotiations, approvals, and contract execution. This role combines responsibilities traditionally performed by Strategic Sourcing Managers and Contract Managers. The successful candidate will independently manage the commercial and contractual aspects of procurement transactions while partnering with business stakeholders, suppliers, Legal, and risk and control functions. This requires strong experience in strategic sourcing, supplier negotiations, contract negotiations, risk management, stakeholder management, and governance within a complex and regulated setting.

Key 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 elevate 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.

Must-Have 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

Strong experience negotiating both commercial and contractual terms directly with suppliers

Experience partnering with business stakeholders, Legal,



and risk and control functions

Required 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

Preferred Skills

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

Education Requirements

Bachelor's Degree required

Professional procurement, supply chain, or contract management certification — nice to have

Required Experience

8 years of overall experience in procurement, strategic sourcing, or contract management

Ability to independently manage the full sourcing lifecycle, including technology and professional services

Medical, Vision, and Dental Insurance Plans

401k Retirement Fund

About the Client
This client is a leading financial services and banking institution operating across Canada and internationally, employing tens of thousands of professionals across its enterprise. With a strong emphasis on transformation, risk governance, and regulatory compliance, the organization offers significant opportunities for growth and development. Teams here include procurement specialists, contract managers, strategic sourcing professionals, risk and compliance analysts, and enterprise technology specialists who collaborate within a dynamic, fast-paced environment.

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📌 Vendor Manager (Ontario)
🏢 Global-Technical-Talent-1
📍 Ontario