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Senior Manager, IT Sourcing

December 19 2020
Industries Bank, Insurance, Financial services
Categories Accounting, Finance, Forensic accounting, Fraud, Recruitment, Staffing
Toronto, ON

Requisition ID: 93695

Join the Global Community of Scotiabankers to help customers become better off.

Purpose

The Senior Manager is responsible for leading Bank-wide Technology Sourcing and project activities while working closely with senior business unit leadership and other sourcing leaders. The Senior Manager will collaborate with senior business unit leadership and sourcing leaders in pursuit of improvements in quality, innovation, and service levels. The Senior Manager will have the opportunity to improve upon current processes with a goal of centralizing and consolidating company-wide supplier selection. By contributing to a competitive marketplace, the Senior Manager will consistently drive reductions in the total cost of goods and services procured.

Major IT Sourcing categories include IT Delivery Services (application development, configuration, integration, testing, maintenance and support services); Software and Cloud; Infrastructure Sourcing; End User Computer; Telecom and Networking; and Information Security.

Accountabilities

  • Develop relationships with IT leaders to support enterprise objectives, influence key stakeholders and jointly develop strategic sourcing strategies while collaborating on sourcing initiatives and projects
  • Collaborate with Business Unit and Operations leaders to fully understand key business drivers, spend drivers, and achieve required support levels
  • Lead business value through the development of high quality and cost effective supply relationships, while pursuing and championing total cost of ownership (TCO) savings directly by savings captured through leveraging Bank-wide purchasing volume, strategic supplier relationships, demand management or indirect savings realized by driving innovation and or enhancing the overall effectiveness of the supply management process
  • Directly lead and implement best practices in sourcing initiatives
  • Manage category within and across the Bank’s business segments, and serve as a key contributor to a well-developed and evolving supplier management process
  • Track sourcing initiatives for multi-functional stakeholder teams, ensuring effective strategy development, market assessments, RFP processes, contract and supplier negotiation, and supplier management while enabling collaboration and innovation between stakeholders and suppliers
  • Establish and develop on-going strategic relationships with key suppliers during major sourcing/project initiatives
  • Proactively work with the Business Line VMOs and contract owners to understand business needs, business strategy, and pipeline of contract renewals to build an overall supplier contract strategy (consolidate and reduce contracts where opportunity exists)
  • Lead Top-to-Top Supplier Meetings for enterprise suppliers
  • Act as the issues/incident escalation point for the supplier that may have an enterprise wide impact or not resolved at the business level
  • Contribute to a disciplined effort to influence spend and drive cost savings across all business segments
  • Support consistent application of procurement processes across constituent groups
  • Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
  • Understands how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions
  • Actively pursues effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
  • Champions a high-performance environment and implements a people strategy that attracts, retains, develops and motivates team members by fostering an inclusive work environment; communicating vison/values/business strategy and managing succession and development planning for the team.

Experience/Education

  • Bachelor’s degree in management, business, or related field; master (MA or MSc) in business or engineering, CIS, science, or finance an asset
  • Minimum of 5-10 years progressive sourcing experience
  • CPM (Certified Purchasing Manager) preferred
  • Global sourcing experience including technology services-related expertise

Location(s): Canada : Ontario : Toronto

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. Our employees are committed to a superior customer experience and use the Bank’s six guiding sales practice principles to ensure they act with honesty and integrity.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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