BMO Financial Group
SeniorManager,StrategicSourcing
“Senior Manager, Strategic Sourcing at BMO Financial Group. Skills: Strategic Sourcing, Contract Negotiation, Category Management, Risk Management. Lead end to end sourcing for BMO’s external labour category. Partner with business leaders to understand workforce needs”
Industry & Context.
Analytical and problem-solving ability; Apply expertise to solve complex, non-routine problems
What They're Looking For.
Must Have
7+ years of relevant strategic sourcing, supply chain and/or procurement experience, post-secondary degree in related field (or equivalent combination of education and experience), Expertise in all areas of in-depth knowledge of sourcing/procurement processes, procedures, and controls, In-depth knowledge of relevant risk and regulatory demonstrated ability to assess risks (identify, quantify, prioritize), negotiation capability (in-depth/expert) and proven supplier contract negotiation experience, analytical and problem-solving ability to compile, synthesize, and draw insights from a variety of data-driven decision making, Excellent verbal and written communication influence proven ability to communicate recommendations/results to all managerial levels, Ability to manage collaboration and cross-group partnership skills, Advanced Excel and spreadsheet analysis skills
Nice to Have
Category experience in External Labor, including contingent workforce/staff augmentation and SOW-based professional services sourcing and supplier management, Experience with external labor program models and tooling (e.g., VMS/MSP environments) and associated governance and performance management, Experience building and implementing commercial models (e.g., rate cards, markups, outcome-based SOW constructs) and aligning them to service levels and business outcomes, Demonstrated ability to produce executive-ready strategy and risk summaries for complex, high-value engagements
What You'll Do.
Lead end to end sourcing for BMO’s external labour category
Partner with business leaders to understand workforce needs
Execute complex sourcing deals
Develop Category Management Framework and sourcing strategies
Manage and implement sourcing strategy projects
Conduct market and supply analysis
Lead development of External Labor commercial models
and implement demand management opportunities
Partner with HR/workforce planning and functional leaders
Provide labor market intelligence
Evaluate and select performs initial supplier risk assessment
Develop strategies to manage risk
Deliver strategic consulting to internal stakeholders
Prepare and present data-driven consulting reports
Contribute category intelligence by maintaining reporting
Maintain or refresh category playbooks
Manage multiple programs/projects
Resolve conflicting priorities and objectives
Operate at a group/enterprise-wide level
Apply expertise to solve complex problems
Implement changes in response to shifting trends
Take measured risks while protecting the bank
risk-informed decisions
Maintain knowledge of leading procurement practices
Promote adoption of procurement continuously upgrades knowledge
How You'll Work.
Team & Collaboration
Partner closely with business leaders; Partner with HR/workforce planning and functional leaders; Collaboration and cross-group partnership skills
Communication Scope
Excellent verbal and written communication; Influence proven ability to communicate recommendations/results to all managerial levels
Process & Methodology
Manage and implement sourcing strategy projects throughout their lifecycle, Manage multiple programs/projects, Resolves conflicting priorities and objectives
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