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Posted 6 days ago

Sourcing Associate, Human Resources Category

@ Bank of Montreal

Toronto, Ontario

3+ years experience
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SIGNALS

Overview

Bank of Montreal is hiring a Sourcing Associate for its Human Resources category to lead sourcing activities and negotiations across HR subcategories such as Administrative Service, Benefits, Recruitment, Relocation and Training. The role manages RFIs, RFPs, supplier evaluations, contract support and renewals with moderate independence, and advises HR stakeholders on cost, supplier risk and data privacy. The posting states a salary of $55,500 to $120,000 with benefits including health insurance, tuition reimbursement and retirement savings plans.

Responsibilities:

  • Manage sourcing initiatives including RFIs, RFPs and negotiations
  • Advise HR stakeholders on sourcing approaches and recommendations
  • Conduct market assessments and spend analysis
  • Incorporate supplier risk and data privacy requirements
  • Track project progress and report to stakeholders

Requirements summary:

  • 3-6 years of sourcing, procurement or HR vendor experience
  • Post-secondary degree or equivalent experience
  • Strong negotiation and analytical skills
  • Proficiency in Excel and data analysis
  • HR category sourcing experience is an asset

Tools & skills

Source and dates

Employer career site / ATS feed · phenom

Employer posting date
2026-11-01
First seen by our source
2026-11-07
Source record updated
2026-11-07

These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.

Job details

SeniorityMid level
DepartmentBusiness operations
Experience3+ years
Hours per week40 (estimated)
Work settingOffice
PositionMostly sitting
Physical demandsphysical low · computer high
LanguagesEnglish
EducationBachelor’s degree (preferred)
Perks mentionedRetirement plan, Tuition support, Performance bonus

Summary and details written by AI from the posting; the employer’s posting is the authority.

Bank of Montreal

Saved company profile

Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.

Full company description

We’re a bank, but there’s more to it than that. ​ When you join BMO, it opens a world of opportunities. This is a team that's committed to helping you succeed – personally and professionally. Because at BMO, when you grow, we grow. ​ You know your worth and so do we. That’s why we offer the right mix of learning programs, on-the-job experiences, and opportunities to build personal and professional connections – so you can build a meaningful career and thrive as a part of a winning culture.  ​ Sound like your kind of place? Then we should be co-workers.

LinkedIn followers
529,147
People associated on LinkedIn
59,168
Reported office locations
  • First Canadian Place, 100 King Street, Toronto, ON M5X 1A1, CA
  • 111 W Monroe St, Chicago, IL 60603, US
Business categories
  • Wealth Management
  • Finance
  • Banking
  • Financial Services
  • Crowdfunding
Other recorded names
  • Bank of Montreal
  • BMO
Specialties
  • Personal Banking
  • Commercial Banking
  • Wealth Management
  • Capital Markets
  • and Asset Management
Profile identifies a recruitment agency
No
Reported total investment
8,114,072,573

Currency and observation date were not supplied; this is not a current valuation or a funding round.

We’re a bank, but there’s more to it than that. ​ When you join BMO, it opens a world of opportunities. This is a team that's committed to helping you succeed – personally and professionally. Because at BMO, when you grow, we grow. ​ You know your worth and so do we. That’s why we offer the right mix of learning programs, on-the-job experiences, and opportunities to build personal and professional connections – so…

FieldValue
IndustryFinancial Services
Company size10,001+ employees
HeadquartersToronto, ON
Organization typePublic Company
SpecialtiesPersonal BankingCommercial BankingWealth ManagementCapital Marketsand Asset Management
Open jobs on Jobsy993
LinkedInView page
Job description

Application Deadline:

11/13/2026

Address:

250 Yonge Street

Job Family Group:

Procurement

We’re looking for a curious, relationship-focused and analytical individual who is excited to support Human Resources (HR) category initiatives. Supporting the HR category across BMO, inclusive of Administrative Service, Benefits, Recruitment, Relocation and Training, the Sourcing Associate leads sourcing activities and negotiations, acts as a trusted advisor to stakeholders on project deliverables, analyzes financial and supplier risk considerations, and applies category and market knowledge to deliver value, manage cost and reduce supplier risk across HR subcategories.


Who We Are

At BMO, we're driven by our purpose to Boldly Grow the Good in business and life, guided by our values of Integrity, Empathy, Diversity, Responsibility and Courage, working together as One Bank to make tomorrow better.

Who You Are

  • You communicate clearly, both in conversation and in writing.
  • You are curious, adaptable and comfortable working through ambiguity.
  • You build relationships easily and enjoy solving business problems with others.
  • You are organized, analytical and able to manage several priorities at once.
  • You take ownership, exercise sound judgment and know when to engage others for guidance.
  • You have a growth mindset and are motivated to deepen your strategic sourcing and HR category knowledge.
  • You use data and research to form a point of view and make practical recommendations.

What You'll Do

Business Partnership & Advisory

  • Build relationships with HR stakeholders and develop an understanding of their business needs, priorities and expectations.
  • Provide practical sourcing advice and guidance, translating business requirements into clear sourcing approaches and recommendations.
  • Communicate recommendations, decisions, risks and results clearly to stakeholders and leaders.
  • Support the planning and implementation of sourcing and operational initiatives across the HR portfolio.

Sourcing Strategy & Execution

  • Manage sourcing initiatives across the lifecycle with moderate independence, including RFIs, RFPs, supplier evaluations, contract support, negotiations and renewals.
  • Work with stakeholders and category leaders to identify sourcing opportunities and develop supplier selection approaches and negotiation strategies.
  • Conduct market assessments, supplier research and spend analysis to identify opportunities, preferred suppliers and relevant market trends.
  • Develop project plans, maintain accurate and current project reporting, and keep key stakeholders informed of progress, decisions and issues.
  • Manage multiple sourcing projects at the same time, balancing competing priorities and resolving issues within established guidelines.
  • Apply disciplined procurement methodologies, systems and policies throughout the sourcing lifecycle.

Supplier Value & Risk

  • Work with suppliers and internal stakeholders to create value, identify savings, improve commercial outcomes and support innovation.
  • Incorporate applicable Supplier Risk requirements into sourcing activities, including considerations related to employee data privacy, information security and service continuity for HR services and solutions.
  • Support due diligence and contract development in collaboration with Legal, Risk, Privacy, Information Security and other control partners, as required.
  • Use market knowledge and supplier insights to inform recommendations and strengthen commercial decisions.

Data-Driven Insights & Continuous Improvement

  • Conduct analysis and develop business cases, insights and recommendations aligned with project and category objectives.
  • Use Excel, sourcing systems, reports and dashboards to track project progress, pipeline, performance measures and opportunities.
  • Synthesize information from multiple sources and turn it into clear, actionable recommendations.
  • Stay current on procurement practices, sourcing methodologies and HR supply-market trends.
  • Bring a continuous-improvement mindset by identifying better ways to work, strengthening sourcing practices and supporting change initiatives.

Qualifications & Experience

  • 3-6 years of relevant experience in sourcing and related roles (incl. supply chain, vendor management, contract negotiation, procurement, etc.) and/or HR roles with experience working with external vendors, with a post-secondary degree in a related field of study or an equivalent combination of education and experience.
  • HR category or HR services sourcing experience, including recruitment, learning and development, compensation and benefits, or HR technology, is an asset.
  • Strong verbal and written communication, collaboration, influence, analytical and problem-solving skills.
  • Comfort using data to make recommendations and working with moderate independence on sourcing projects, while seeking guidance when needed.
  • Experience managing initiatives, including projects such as competitive events and supplier contract negotiations.
  • Proficiency in negotiation, opportunity analysis, contract support and project delivery.
  • Excel and spreadsheet analysis skills, with the ability to synthesize data and draw actionable insights.
  • Financial services, financial management or cost management is an asset.

Salary:

$55,500.00 - $120,000.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

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