Financial and Insurance Services - Waterloo, Canada - Company 1 - The Manufacturers Life Insurance Company

    Company 1 - The Manufacturers Life Insurance Company
    Company 1 - The Manufacturers Life Insurance Company Waterloo, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Description

    The opportunity

    Manager, North America Procurement

    This job description does not represent a comprehensive listing of job duties that are required of the employee performing this role. We reserve the right to change duties or assign additional duties at any time with or without notice.

    Responsibilities

  • Lead cross-functional teams to execute on high to medium value/complexity sourcing projects and contracting efforts. Determine sourcing strategy and conduct analysis and negotiations.
  • Influence requirements from business partners necessary to evaluate and select suppliers
  • Conduct baseline and market analysis, develop sourcing strategy and conduct contract negotiations
  • Manage sourcing resources and engage subject matter experts (such as legal, risk and finance) in support of a specific set of commodities and/or a business line
  • Provide sourcing thought leadership and day-to-day oversight of resource activities
  • Be responsible for the accuracy of contract archives
  • Read and interpret contract terms and accurate explain to partners about risks, limitations and challenges with contract terms
  • Track expirations of existing contracts and develop work plan for renewals, interact with legal and drafting teams to incorporate results of negotiations into contract documents
  • Provide supporting analytics to finance team to validate realized savings
  • Manage relations with key business partners and project owners to develop/maintain strong working relationships
  • Support vendor managers in execution of business led initiatives as necessary.
  • What motivates you?

  • You obsess about customers, listen, engage and act for their benefit.
  • You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
  • You thrive in teams and enjoy getting things done together.
  • You take ownership and build solutions, focusing on what matters.
  • You do what is right, work with integrity and speak up.
  • You share your humanity, helping us build a diverse and inclusive work environment for everyone.
  • What we are looking for

  • Market Data, Investment applications or IT contracts/sourcing experience
  • Experience with dealing with vendors e.g. MSCI, Morningstar, Moody's, Fitch, FTSE, Bloomberg, S&P, LSEG etc.
  • Extensive knowledge of Investment related and data licensing, software/SaaS solutions/licensing solutions
  • Print sourcing experience will be considered an asset
  • Undergraduate degree (business or Finance preferred)
  • 6+ years of progressive business experience in global Sourcing and/or vendor management and/or contract management
  • Good knowledge of sourcing and procurement principles and best practices
  • Experience and expertise with supplier contractual terms and conditions to mitigate legal and business risk
  • Experience with sourcing and procurement systems and tools (e.g. Ivalua)
  • Solid analytical skills
  • Strong assets:

  • Graduate degree (business preferred)
  • Familiar with Manulife's business operations, strategies and financial environment
  • Knowledge of investment applications and market data preferred.
  • Decision Authorities :

  • Responsible for high to medium value negotiation and contracting activities to deliver savings and value consistent with business objectives and priorities.
  • What can we offer you?
  • A competitive salary and benefits packages.
  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
  • A focus on growing your career path with us.
  • Flexible work policies and strong work-life balance.
  • Professional development and leadership opportunities.
  • Our commitment to you

  • Values-first culture
    We lead with our Values every day and bring them to life together.
  • Boundless opportunity
    We create opportunities to learn and grow at every stage of your career.
  • Continuous innovation
    We invite you to help redefine the future of financial services.
  • Delivering the promise of Diversity, Equity and Inclusion
    We foster an inclusive workplace where everyone thrives.
  • Championing Corporate Citizenship
    We build a business that benefits all stakeholders and has a positive social and environmental impact.