Vendor Manager Location:
Toronto, ON
Onsite Flexibility:
Hybrid — 4 days on-site, 1 day work from home
Contract Details
Position Type:
Contract
Contract Duration:
10 months (with potential for extension and conversion based on business needs and performance)
Shift / Schedule:
Monday – Friday, core business hours, 37.5 hours per week, 7.5 hours per day
Travel Requirements:
Not required
Job Summary The
Procurement Manager, Sourcing & Contracting , is responsible for leading complex procurement initiatives from strategy development through sourcing, negotiations, approvals, and contract execution. This role combines responsibilities traditionally performed by Strategic Sourcing Managers and Contract Managers. The successful candidate will independently manage the commercial and contractual aspects of procurement transactions while partnering with business stakeholders, suppliers, Legal, and risk and control functions. This requires strong experience in strategic sourcing, supplier negotiations, contract negotiations, risk management, stakeholder management, and governance within a complex and regulated environment.
Key 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 elevate 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.
Must-Have 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
Required 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
Preferred Skills
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
Education Requirements
Bachelor's Degree required
Professional procurement, supply chain, or contract management certification — nice to have
Required Experience
8 years of overall experience in procurement, strategic sourcing, or contract management
Ability to independently manage the full sourcing lifecycle, including technology and professional services
Medical, Vision, and Dental Insurance Plans
401k Retirement Fund
About the Client This client is a leading financial services and banking institution operating across Canada and internationally, employing tens of thousands of professionals across its enterprise. With a strong emphasis on transformation, risk governance, and regulatory compliance, the organization offers significant opportunities for growth and development. Teams here include procurement specialists, contract managers, strategic sourcing professionals, risk and compliance analysts, and enterprise technology specialists who collaborate within a dynamic, fast-paced environment.
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Vendor Manager in Toronto employer: Global-Technical-Talent-1
At TD Global Security & Defense, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel in their roles. As an InfoSec GRC Lead, you will benefit from comprehensive professional development opportunities, competitive compensation, and a hybrid work model that promotes work-life balance. Join us in a dynamic environment where your expertise in governance, risk, and compliance will be valued and where you can make a meaningful impact on our information security landscape.
