Highlights
Leverage available tools, data, analytics, and market intelligence to support decision-making and negotiations. Work closely with Legal and business stakeholders to resolve negotiation issues and drive timely execution.
Numbers & Facts
| Location | Toronto, ON |
| Industry | Management Consulting Services |
| Salary | $45.37–$48.70 Per Hour |
| Company Size | 2,000 to 2,499 employees |
| Year Founded | 2000 |
| Website | https://www.iconma.com/ |
Description
Our Client, a Banking company, is looking for a Vendor Manager for their Toronto, ON/ Mississauga, ON/Hybrid location.
Responsibilities:
Requirements:
Why Should You Apply?
Responsibilities:
- End-to-End Procurement Leadership
- Lead procurement initiatives through the full procurement lifecycle, from intake through executed agreement.
- Develop and execute sourcing and negotiation strategies that align with business objectives and risk requirements.
- Manage supplier selection activities, commercial negotiations, contract negotiations, approvals, and execution activities.
- Lead multiple procurement initiatives simultaneously while managing competing priorities and timelines.
- Commercial & Contractual Negotiations
- Lead negotiations with suppliers to achieve commercially and contractually sound outcomes.
- Evaluate supplier proposals and provide recommendations to stakeholders and senior management.
- Balance business objectives, commercial considerations, risk requirements, and contractual obligations.
- Work closely with Legal and business stakeholders to resolve negotiation issues and drive timely execution.
- Risk, Governance & Stakeholder Management
- Ensure procurement activities comply with applicable policies, standards, controls, and governance requirements.
- Partner with Legal, Third Party Risk Management, Information Security, Privacy, Compliance, Finance, and other stakeholders as required.
- Identify and escalate risks, issues, and contractual exceptions appropriately.
- Build strong relationships with business partners, suppliers, and control functions.
- Strategic Procurement Support
- Provide strategic sourcing expertise and market insights to business partners.
- Support procurement best practices, process improvements, and continuous improvement initiatives.
- Leverage available tools, data, analytics, and market intelligence to support decision-making and negotiations.
- Contribute to knowledge sharing, coaching, and team development activities.
Requirements:
- 8+ years of progressive experience in procurement, strategic sourcing or contract management
- 8+ years of experience leading end-to-end procurement transactions from sourcing strategy through contract execution
- Strong experience negotiating both commercial and contractual terms directly with suppliers
- Experience partnering with business stakeholders, Legal, and risk and control functions
- Soft skills:
- Excellent communication skills (written and verbal)
- Strong commercial acumen, negotiation skills, and risk management capabilities
- Excellent stakeholder management, communication, and relationship-building skills
- Ability to manage multiple complex initiatives in a fast-paced environment
- Strong analytical and problem-solving skills
- Nice-to-have :
- Experience within financial services or another highly regulated industry
- Professional procurement, supply chain, or contract management certification
- Experience supporting technology, operations, or enterprise services procurement initiatives
- Experience working within formal governance and risk management frameworks
Why Should You Apply?
- Health Benefits
- Referral Program
- Excellent growth and advancement opportunities
Benefits
401K, Employee Referral Program, Life Insurance
About Company
ICONMA is a global information consulting management firm providing Professional Staffing Services and Project-Based Solutions for organizations in a broad range of industries.
- Corporate Headquarters in Troy, Michigan; 20+ locations worldwide.
- Certified Woman-Owned Business Enterprise (WBE); certified by Women’s Business Enterprise National Council, National Women Business Owners Corporation (NWBOC); and California Public Utilities Commission (CPUC).
- Founded in 2000
- 2000+ Employees
The company was founded on the principle that success is derived from delivering high quality service and resources in the most responsive, flexible, and innovative way. ICONMA invests in people and resources with a single goal: To provide our customers with the highest quality service in the most responsive manner. Through its network of offices, ICONMA provides the resources to help clients maintain their competitive advantage.