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Title:  Senior Manager IT Procurement




Requisition ID: 67952


Join the Global Community of Scotiabankers to help customers become better off.



▪ Lead strategic sourcing activities for all areas of IT spend within the Bank 
▪ Responsible for Bank-wide sourcing and project activities, while working closely with senior IT/senior business unit leadership and other sourcing leaders
▪ Lead collaboration with senior IT/senior business unit leadership and sourcing leaders in pursuit of improvements in quality, innovation, and service levels
▪ Contributes to competitive marketplace environment to consistently drive reductions in the total cost of technology equipment and services procured
▪ Manage and own the category management activities within the Bank related to IT



▪ Create relationships with IT leaders to support enterprise objectives, influence key stakeholders and jointly develop strategic sourcing strategies while collaborating on sourcing initiatives and projects
▪ Collaborate with Business Unit and Operations leaders to fully understand key business drivers, spend drivers, and achieve required support levels
▪ Lead creation of business value through the development of high quality and cost effective supply relationships, while pursuing and championing total cost of ownership (TCO) savings directly by savings captured through leveraging Bank-wide purchasing volume, strategic supplier relationships, demand management or indirect savings realized by driving innovation and or enhancing the overall effectiveness of the supply management process    
▪ Directly manage and implement best practices in sourcing initiatives related to IT
▪ Execute category leadership within and across the Bank’s technology and business segments, and serve as a key contributor to a well-developed and evolving supplier management process
▪ Develop and execute souring initiatives for multi-functional stakeholder teams, ensuring effective strategy development, market assessments, RFP processes, and supplier management while enabling collaboration and innovation between stakeholders and suppliers 
▪ Establish and develop on-going strategic relationships with key suppliers during major sourcing/project initiatives
▪ Contribute to a disciplined effort to influence spend and drive cost savings across all business segments
▪ Support consistent application of procurement processes across constituent groups
▪ Champion exemplary integrity and ethics in all instances


▪ Ability to bridge communications between Sourcing, IT, business and legal stakeholders/partners with a focus on developing an understanding of how to structure contracts to deliver against bank’s needs
▪ Results focused
▪ Ability to comprehend complex technical and financial issues and use them to inform the creation of effective action plans and supplier strategies
▪ Demonstrated expertise leading Strategic Sourcing and/or strategic supplier relationships
▪ Ability to provide both technical and managerial leadership to his/her organization
▪ Strong business acumen and strategic thinking skills
▪ Excellent planning and organizational skills
▪ Proven ability to develop and execute formal negotiations for Software agreements
▪ Ability to develop analyses and insights into supply market trends
▪ Knowledge and experience with state-of-the-art procurement and analysis technologies
▪ Knowledge and understanding of emerging IT and related architecture


▪ Minimum of 5 years progressive sourcing experience with an emphasis on IT in the financial services industry
▪ CPM (Certified Purchasing Manager) preferred
▪ Bachelor’s degree required, preferably in engineering, CIS, science, or finance
▪ Global sourcing experience, including technology services-related expertise 


Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. We value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Job Segment: Procurement, Developer, Supply, Buyer, Category Manager, Operations, Technology, Retail