Posted 4 months ago
Strategic Sourcing Manager
@ Procom
Toronto, Ontario
Overview
BMO is hiring a Sourcing Specialist on a hybrid contract in Toronto, two office days per week. The role develops sourcing and demand strategies, runs supplier selection and contract negotiations, and manages supplier risk. Conditions stated: contract, hybrid, Toronto.
Pay:
$45–$60 an hour
Responsibilities:
- Develop and implement category sourcing strategies with stakeholders
- Conduct supplier selection, due diligence and contract negotiations
- Analyze market trends, supplier performance and cost models
- Manage sourcing initiatives end-to-end with reporting
- Lead change management for sourcing initiatives
Requirements summary:
- Knowledge of sourcing and procurement processes and controls
- Understanding of risk and regulatory requirements
- Experience in financial services or technology sourcing
- Strong Excel and spreadsheet analysis skills
- Negotiation skill and familiarity with procurement systems
Tools & skills
Source and dates
Employer career site / ATS feed · careerpage
- Employer posting date
- 2026-07-13
- First seen by our source
- 2026-10-11
- Source record updated
- 2026-10-18
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Mid level |
| Department | Business operations |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Procom
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
Procom is one of North America’s leading staffing and contract workforce services providers. Successfully meeting the needs of Fortune 500 clients since 1978, we have 18 offices across North America, with over 12,500 skilled professionals currently on assignment. We are an award winning staffing firm. Discover more about our Best of Staffing award and what real clients and job seekers have to say about working with Procom by checking out our client and talent ratings on ClearlyRated. Procom has long been recognized as a market-leading source of high-performing services and solutions that transform how our clients acquire and manage the very best talent. Relying on the excellence of individuals to make a difference, we know that people matter. And we want to work with you. CNESST License: AP-2504746, AR-2504747, AP-2000583, AR-2000584
- LinkedIn followers
- 195,312
- People associated on LinkedIn
- 1,304
- Reported office locations
- 30 St Clair Ave W, Toronto, Ontario M4V 3A1, CA
- 320 March Rd, 200, Ottawa, Ontario K2K 2E3, CA
- 333 7 Ave SW, Suite 2100, Calgary, Alberta T2P 2Z1, CA
- 10025 - 102A Avenue, Suite 1800, Edmonton, Alberta T5J 2Z2 , CA
- 1021 W Hastings St, Suite 1100, Vancouver, British Columbia V6E 0C3, CA
- 1280 Boulevard Lebourgneuf, 300, Québec, Quebec G2K 0H1, CA
- 1130 Situs Court, Suite 216, Raleigh, North Carolina 27606 , US
- Other recorded names
- Procom
- Specialties
- Hybrid Statement of Work and Contractor Management Technology
- Profile identifies a recruitment agency
- Yes
Procom is one of North America’s leading staffing and contract workforce services providers. Successfully meeting the needs of Fortune 500 clients since 1978, we have 18 offices across North America, with over 12,500 skilled professionals currently on assignment. We are an award winning staffing firm. Discover more about our Best of Staffing award and what real clients and job seekers have to say about working with…
| Field | Value |
|---|---|
| Industry | IT Services and IT Consulting |
| Company size | 201-500 employees |
| Headquarters | Toronto, Ontario |
| Organization type | Privately Held |
| Specialties | Hybrid Statement of Work and Contractor Management Technology |
| Open jobs on Jobsy | 234 |
| View page |
BMO is currently sourcing for a Sourcing Specialist.This is a hybrid contract role in Toronto (2 days in office per week).
Role Overview:The Sourcing Specialist works closely with stakeholders to develop and implement sourcing and demand management strategies that align with business and cost objectives. This role involves supplier selection, contract negotiations, risk management, and continuous improvement of procurement processes to maximize value and minimize risk in supplier spend. The position supports strategic sourcing initiatives that impact financial results and customer satisfaction.
Key Responsibilities:
Develop and implement category and sub-category sourcing strategies in collaboration with stakeholders.
Conduct supplier selection, due diligence, and contract negotiations to achieve targeted savings and business goals.
Build and maintain effective relationships with internal and external stakeholders to ensure alignment and understanding of business needs.
Provide advice and guidance on category and supplier strategies, including risk management related to outsourcing and supplier risk.
Analyze market trends, supplier performance, and cost models to identify sourcing opportunities and risks.
Manage sourcing category initiatives end-to-end, including planning, execution, and reporting.
Lead change management activities related to sourcing initiatives, including readiness assessments and stakeholder management.
Prepare and present reports and dashboards on project progress, supplier risks, and key metrics to support decision-making.
Continuously improve sourcing and procurement processes by incorporating market-leading practices and innovation.
Must-Have Skills:
Knowledge of sourcing and procurement processes, procedures, and controls.
Understanding of relevant risk and regulatory requirements.
Experience with sourcing in Financial Services or Technology industries.
Proficiency in business analysis, project delivery practices, and standards across the project lifecycle.
Strong skills in Excel and spreadsheet analysis.
Negotiation knowledge, skill, and ability.
Familiarity with sourcing and procurement systems and applications.
Financial Services, Financial, or Cost Management experience.
Nice to Have Skills:
Experience compiling, synthesizing, and drawing insights from diverse research sources.
Technical proficiency gained through education and/or business experience.
Data-driven decision-making expertise.
Knowledge of supplier risk assessment and mitigation techniques.
Ideal Candidate:
Seasoned professional with extensive industry knowledge and a combination of education and experience.
Demonstrated ability to assess, quantify, and prioritize risks effectively.
Technical leader recognized as a thought leader for innovation in sourcing and procurement.
Strong verbal and written communication skills with the ability to influence and collaborate across groups.
Able to manage ambiguity and drive strategic execution aligned with business goals.
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