Lead Buyer - Procurement

Job Title: Lead Buyer

Duration: 12 Months Contract (Possible to Ext)

Location: Montréal, QC (Onsite)

In detail

In order to support the delivery of the Growth, Technology, and Sustainability (GTS) plan for the Americas and centralize core corporate functions, the Bank has created a department, Enterprise Services (ES). Enterprise Services team encompasses Premises, Enterprise Data Management Solutions, Procurement & Performance, Third Party Management Office and Location Strategy for CIB Americas. ES aims at reinforcing and elevating three strategic mandates for the Bank:

The articulation of a long-term Workspace Strategy to support the implementation of Smart Working and the Americas Location Strategy

The development of a strategic posture on Procurement & Performance

The development and strengthening of an integrated Data Management platform and associated services

The candidate will report locally to the Canada Head of Enterprise Services and regionally to the CIB North America Chief Procurement Officer. The role will be managing all "buying" activities for Canada and more broadly for the CIB North American region when required with efficient processes, alignment to market best practices and conformity to both procedures and regulatory requirements. The person will play the key role of SME (Subject Matter Expert) for Procurement. The candidate must have the ability to maintain strong Procurement processes while continuously adapt to additional controls and workflows to ensure compliance with the CIB North America platform.

Responsibilities

• Enforce CIB NAR Procurement policies and best practices
• Perform market analysis with in-depth knowledge of various indirect categories of spend Broad knowledge of Procurement category management
• Establish strong relationships with internal clients and suppliers; build a robust understanding of strategic business direction, requirements and priorities across suppliers and/or spend categories
• Work transparently with the various stakeholders in US and in Canada and liaise with Group Procurement
• Collaborate with Business leaders and management to identify, drive savings and control improvements, focusing on the total cost of ownership
• Responsible for identifying and mitigating procurement-related risks
• Develop Annual strategic sourcing plans, execution of those plans and achievement of maximized savings within each spend category
• Run RFXs, negotiate contracts with suppliers to obtain best contract price and terms to protect the Bank
• Work with Legal on contract terms and issues leveraging from existing group or regional contractual framework whenever possible
• Ability to regularly track all aspects of the sourcing process, from initial business requirements, followed by management validation to final engagement execution
• Ability to create result-driven reports measuring performance of Procurement activities
• Act as the local Procurement Subject Matter Expert (SME) for the platform, develop training, communication and reporting on upcoming changes and new functionalities with the support from the operational team
• Work closely in collaboration with partners in Third-Party Management Office and Account Payables to contribute to the development of efficient Procurement processes, adopt new procurement applications
• Broad knowledge of Procurement operations as it relates to category management, including IT, external resources

The strengths and skills that will help you succeed

• Bachelor's degree in business, finance, economics, applied sciences or Supply Chain/Procurement
• Minimum of 7 years' experience in Procurement related activities, and a track record of working in a team environment and delivering on savings targets
• Extensive knowledge of strategic sourcing methodologies and/or category management processes
• Proven experience in contract negotiations; and understanding of legal clauses and their application in the Procurement process
• Finance Industry experience is a plus
• Experience in working successfully in a multicultural and international environment, Collaborative Team player and client focus
• Strong communication, leadership and analytical skills
• Ability to analyze complex situations in a timely and effective manner Critical thinking to assist in solving issues
• Strong work ethics and ability to work with confidential information
• Proven success leading major projects and change programs that have positively impacted the Business
• Experience with supply management tools/software including Procurement and project management programs (Ariba, Ivalua, Beeline)
• Project management expertise a plus Proficiency in MS Excel & MS PowerPoint tools
• Communication skills in both French and English languages