BMO Financial Group

Director,VendorManagementOffice

$111–193k Toronto, Ontario, Canada FULL TIME Remote Friendly
The Brief

“Director, Vendor Management Office at BMO Financial Group. Skills: vendor management, strategic oversight, cross-functional coordination, stakeholder management, resource planning, continuous improvement. Provides strategic oversight and direction for a complex portfolio of vendors supporting People, Culture and Brand.. Building and leading a mature Vendor Management Office with governance, controls, and discipline aligned to enterprise directives, regulatory expectations, and bank operating pro”

What You'll Achieve.

deliver business value; reduce risk; achieve sustainable cost savings; optimize contract and service outcomes; reduce friction; strengthen controls; increase organizational effectiveness; delivery of long‑term value

Industry & Context.

Problems you'll solve

constructive challenge; optimize vendor spend; reduce enterprise risk; unlock additional value from vendor relationships

What They're Looking For.

Must Have

Extensive experience operating at a senior director level within a large, complex, and regulated organization, with a demonstrated ability to influence executives, shape enterprise processes, and deliver strategic vendor, risk, and commercial outcomes through leadership and partnership.

What You'll Do.

Provides strategic oversight and direction for a complex portfolio of vendors supporting People

Building and leading a mature Vendor Management Office with governance

and discipline aligned to enterprise directives

regulatory expectations

and bank operating procedures.

Enabling the team to execute day‑to‑day vendor management effectively.

Acts as a senior strategic partner and trusted advisor to executives

influencing not only vendor outcomes but enterprise vendor management processes

and long‑term strategy.

Works closely with senior leaders to more effectively leverage vendors to deliver business value

and achieve sustainable cost savings over time.

Sets the strategic direction for the People

Culture and Brand Vendor Management Office

ensuring the program balances governance and controls with flexibility

and commercial effectiveness

while empowering the team to manage vendors day‑to‑day.

Oversees and develops the strategy for key material outsourcing vendors within People and Culture

ensuring adherence to Bank requirements while optimizing contract and service outcomes.

Oversees the effective and consistent execution of vendor management program components through the team

including governance forums

and contract management.

Partners closely with senior executives and accountable business leaders to influence and shape strategic vendor roadmaps

helping leaders align vendor strategies to evolving business needs and longer‑term enterprise priorities.

Acts as a trusted advisor and thought partner to senior leaders

supporting the development of business cases

providing insight and constructive challenge

and supporting executives in decisions that optimize vendor spend

reduce enterprise risk

and unlock additional value from vendor relationships.

and guides strategic vendor negotiations with a focus on achieving the best overall outcomes for the organization—balancing commercial value

long‑term strategic alignment

Influences and works collaboratively with enterprise partners such as Procurement

and the business to improve vendor management processes

and outcomes at an enterprise level

with the objective of reducing friction

strengthening controls

and increasing organizational effectiveness.

Leads and develops a high‑performing team of experienced vendor management professionals

establishing clear accountability

and standards while enabling autonomy and sound judgment.

and engaged team culture focused on continuous improvement

enterprise partnership

and delivery of long‑term value.

Models a leadership style aligned to BMO purpose and values

and relationships to drive outcomes rather than positional authority.

How You'll Work.

Team & Collaboration

Partners closely with senior executives and accountable business leaders.; Influences and works collaboratively with enterprise partners such as Procurement, Risk, Legal, Finance, and the business.

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