Senior Specialist - Strategic Sourcing (Non IT)

Sun Life

2d

About The Position

This role provides sourcing value in the focused support of lower spend tactical purchases for the Canadian business, Asia / Corporate, and Non IT spend categories. The Senior Sourcing Specialist will identify and manage relationships with key internal stakeholders, manage the execution of the sourcing process, and support clients on related governance requirements for their deal, including third party risk management, AML screening, and financial viability. The role also focuses on the continuous improvement of various procurement processes.

Requirements

• 5+ years relevant sourcing/procurement experience.
• Hands on experience around data collection, cleansing and data analysis.
• Proven and extensive expertise leading sourcing initiatives, processes and developing strategies (i.e. deal management, contract review and negotiations etc.).
• Proven skills and ability to work with internal stakeholders to drive the process.
• Comfort with ambiguity and uncertainty.
• Familiarity with vendor contract language, SAP Ariba Contracts and Sourcing Modules.
• Understanding of general procurement challenges and solutions.
• Proven ability to work and align with internal legal counsel and other governance stakeholders such as IT security, compliance, etc.

Nice To Haves

• Effective client relationship management skills are critical in this role.
• Requires comfort with ambiguity and uncertainty.
• Financial Analysis skills, included advanced Excel skills.
• Confidence in ability to lead negotiations to conclusion.
• Proven ability to work with internal legal counsel and other stakeholders such as security and compliance.
• Role will require both independent contribution as well as team involvement.
• Demonstrates a drive for results and sense of urgency.
• Excellent communicator - both written and oral communication in English.
• Must have experience creating project plans, managing to plans, communicating effectively and engaging necessary stakeholders in projects as required.
• Makes good decisions based upon a mixture of analysis, common sense wisdom, experience and good judgment.
• Experience with SAP Ariba Contracts and Sourcing Modules.
• Familiarity with third party risk for Financial Service Institutions.

Responsibilities

• Support and manage the sourcing process for primarily high volume low risk engagements, with a goal for prompt turnaround.
• Lead clients through the sourcing process including, but not limited to, contract negotiations through to contract execution, risk and governance support and approvals.
• Assess, define and resolve procurement issues including contractual terms and conditions and escalations by internal stakeholders and suppliers.
• Apply project management concepts to the planning and execution of the sourcing process.
• Ensure all related governance processes/policies are adhered to and completed prior to final approval to ensure the acquisition is done in the best interest of the company (legal, technical, financial, regulatory compliance).

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed