Senior Manager, Procurement

Seeing beyond numbers

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The Manager of the Procurement Center of Expertise (CoE) is responsible for leading the development and implementation of procurement policies, guidelines, tools, reporting and best practices across the organization. This role supports operational procurement teams by providing expertise in areas such as business process optimisation, supplier relationship management, contract lifecycle management, and procurement analytics and reporting.

Responsibilities

• Develop and maintain procurement policies, procedures, and standards to ensure consistency and compliance in support with business goals;
• Support strategic sourcing initiatives and support category management across business units with the centralization of information’s and market data;
• Provides support to identify cost-saving opportunities and process improvements;
• Drive continuous improvement and innovation in procurement processes and tools;
• Provide training, guidance, and support to procurement teams globally;
• Collaborate with IT and data teams to enhance procurement systems and analytics capabilities;
• Ensure adherence and compliance with procurement policies and regulatory requirements
• Be accountable for complying with the financial group's risk appetite framework and ensuring risk taking activities remain within agreed limits and adhere to applicable corporate policies, operating directives, laws and regulations (including risk, compliance and audit).
• Monitor procurement performance metrics and generate insights to inform decision-making;
• Ensure mitigation plans are followed through and given appropriate line of sight and reporting;
• Support Third Party Risk management and sustainability initiatives within the supply chain and key stakeholders;
• Drive adoption of digital procurement solutions and analytics platforms.
• Act as a change agent to promote procurement transformation and digitalization
  
  

Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field (Master’s preferred).
• 10+ years of experience in procurement or supply chain, with at least 3 years in a leadership or CoE role in banking industry.
• Strong knowledge of procurement best practices, tools, and technologies (e.g., SAP Ariba, Service Now).
• Excellent analytical, communication, and stakeholder management skills.
• Strong leadership skills
• Proven record for successful project delivery
  
  

Preferred Skills

• Strong procurement experience in contract management and supplier governance
• Experience in organisational transformation in banking industry
• Strong project management and change management capabilities
• Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
  
  

What Laurentian Bank Has To Offer You

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
  
  

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

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