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Added 3 mins ago
SL
Account Executive, National Accounts Managing
Sun Life
Calgary, AB · AB
- Full-time
Ensure client/advisor needs are met through the delivery of value-added products and services
Added 3 mins ago
Service Advisor ( Heavy Duty) - Edmonton South
Velocity Vehicle Group
Edmonton, AB
Drive your career forward with a dynamic role as a Service Advisor!
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C
Administrative Assistant (18 month contract)
CIBC
Edmonton, AB
- Full-time
…responsible for providing administrative support to the Investment Advisor team in our Wood Gundy brokerage. You’ll work closely with the team of Advisors as they plan and manage client…
Added 3 mins ago
C
Estate Planning Assistant (12 month contract)
CIBC
Calgary, AB
- Full-time
Client Service – Distribute client anniversary statements and notifications to the appropriate Investment Advisor on a timely basis. Follow-up with the Investment Advisors to ensure timely…
Added 3 mins ago
B
Administrative Assistant, Wealth Management, Nesbitt Burns
BMO
Brossard, QC · Laval, QC · Montreal, QC · Quebec, QC · MCGC
- Full-time
Added 1 hour ago
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Mandarin/Cantonese/English Banking Advisor
TEKsystems
Vancouver, BC
- $24 to $25 CAD / hour
- Contract
As a Banking Advisor, you'll be the first point of contact for customers calling for support with their banking needs. You'll handle approximately 40-60 inbound calls daily while providing…
Added 2 hours ago
SF
Legal Counsel
Soletanche Freyssinet
Burnaby, BC
- Full-time
Build the framework for contract review, signing and escalation; guide and train regional contract managers and operations teams.
Added 4 hours ago
SF
Legal Counsel
Soletanche Freyssinet
Burnaby, BC
- Full-time
Build the framework for contract review, signing and escalation; guide and train regional contract managers and operations teams.
Added 4 hours ago
V
Legal Counsel
VINCI
Burnaby, BC
- Full-time
Build the framework for contract review, signing and escalation; guide and train regional contract managers and operations teams.
Added 5 hours ago
BV
BILINGUAL HUMAN RECOURSES GENERALIST
Bureau Veritas | Marine & Offshore
Halifax, NS
- Full-time
2-4 years of progressive experience in an HR Generalist, HR Advisor, or similar role.
Added 8 hours ago
MC
Bilingual Wish Discovery Coordinator (12-month contract)/Coordonnateur.trice, exploration des rêves (contrat 12 mois)
Make-A-Wish Canada
Montreal, QC
- Full-time
Added 9 hours ago
SR
Contract Specialist
STRIVE Recruitment Inc.
Hamilton, ON
- Full-time
Our client is seeking a highly detail-oriented and experienced Contract Specialist to join their growing team on a permanent basis. This position plays a vital role in coordinating and…
Added 9 hours ago
Service Specialist
The Canada Life Assurance Company
Vancouver, BC
Review contracts and employee booklets, and provide interpretation of contract wording to clients and advisors
Added 9 hours ago
Dir. Sportsnet Marketing
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Toronto, ON
Act as a senior marketing advisor to business and content leaders, bringing a portfolio view to investment choices, market opportunities and competitive challenges.
Added 10 hours ago
CL
Service Specialist
Canada Life
Vancouver, BC
- Full-time
Review contracts and employee booklets, and provide interpretation of contract wording to clients and advisors
Added 10 hours ago
A
Health, Safety And Environment Advisor
Actalent
Ajax, ON
- $43 to $55 CAD / hour
- Full-time
Job Title: Health, Safety and Environment Advisor
Added 11 hours ago
L
Legal Director
Lumentis
Innisfil, ON
- Full-time
The role is primarily hands-on. The Director handles day-to-day contract and dispute management directly and supports the General Counsel in managing the external counsel and legal service…
Added 11 hours ago
SCM Category Manager, Rotating, Process & E&I Equipment, Pacific Link
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Calgary, AB
…management, commercial negotiations, equipment procurement, and contract administration, while working closely with engineering, construction, operations, and project stakeholders to ensure…
Added 12 hours ago
RB
Client Advisor
Royal Bank of Canada
Bonnyville, AB
- Part-time
This position is a 6 month contract opportunity**
Added 12 hours ago
S
Account Executive, Enterprise (Restaurants)
Solink
Remote, Canada
- $240,000 to $300,000 CAD / year
- Full-time
- Remote
…acquiring and expanding strategic accounts, acting as a trusted advisor to customers, and helping restaurant organizations improve visibility, reduce risk, and operate more effectively at…
Added 13 hours ago
W
Senior Buyer
Worley
Oakville, ON
- Full-time
…mitigate procurement risk. You will also serve as a trusted advisor to project teams and stakeholders, providing guidance on procurement best practices and contributing to successful…
Added 14 hours ago
TC
Senior Category Management Specialist
TJX Canada – Winners, Marshalls, HomeSense
Mississauga, ON
- $76,620 to $107,268 CAD / year
- Full-time
…organization’s needs; build rapport and credibility to be a trusted…
Added 14 hours ago
SU
Corporate Security Officer (CSO) , Canada
Saab UK
Ottawa, ON
- Full-time
…serve as Saab Canada's principal security authority and trusted advisor to the Canadian leadership team while maintaining close collaboration and alignment with Saab's global security…
Added 14 hours ago
B
Senior Manager, Learning & Knowledge Management
BMO
Toronto, ON · YNG
- Full-time
Acts as a trusted advisor and senior subject matter resource for learning, procedures, change management, communications, and program knowledge.
Added 15 hours ago
J
Senior Project Manager
Jacobs
Toronto, ON
- $230,000 to $280,000 CAD / year
- Full-time
The successful candidate will act as a trusted advisor and owner's representative, providing leadership across multidisciplinary teams while managing project scope, schedule, cost, quality,…

Central 1

Senior Sourcing Manager-(Hybrid)

Toronto, ON, Canada

Salary range: $110,000-$134,000 plus a variable pay incentive of 14%-21% · Full-time

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Job details

Pay: Salary range: $110,000-$134,000 plus a variable pay incentive of 14%-21%
Job type: Full-time
Apply by: Dec 4, 2026
Experience: 10+ years of progressive experience in strategic sourcing, procurement, vendor management, or commercial management.
Posting language: English
Posted: Nov 4, 2026

Original job description

Central 1 cooperatively empowers credit unions and other financial institutions to deliver banking choice to Canadians. Central 1 provides critical services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.

What we offer:

Work-life flexibility
Hybrid work environment
Variable annual incentive plan
Generous annual vacation allotment
Top-notch flexible benefits plan including family building and gender affirmation
Retirement Plan, matched contributions at 6%
Access to a learning platform and educational assistance support
Access to a virtual wellness platform
Career development opportunities
Wellness Flex Fund to support personal interest and activities
Day off to volunteer in your community and other paid time off options
Corporate discounts
subject to employment agreement

Job Summary:

Join Central 1 as a Senior Sourcing Manager and play a key role in shaping how we manage our most strategic supplier relationships and investments. You’ll lead high-impact, enterprise-wide sourcing initiatives and complex commercial negotiations, while partnering with senior leaders to drive strong business outcomes. You’ll help strengthen supplier performance, governance, and risk management, provide strategic guidance on key sourcing decisions, and mentor procurement professionals. This is an opportunity to influence procurement strategy and deliver meaningful value across the organization.

What you'll be doing:

Strategic Leadership & Enterprise Influence

Develop and lead enterprise sourcing strategies for critical supplier categories supporting Central 1's strategic objectives and technology roadmap.
Influence business investment decisions through market intelligence, supplier insights, benchmark data, and commercial recommendations.
Act as the procurement lead for high-profile initiatives, strategic projects, and major third-party engagements.
Provide subject matter expertise and strategic guidance to senior leaders regarding supplier markets, sourcing approaches, and commercial risk.
Identify opportunities to improve enterprise-wide supplier leverage, reduce spend fragmentation, and maximize commercial outcomes.
Support annual procurement planning and development of the enterprise sourcing pipeline.

Tier 1 & Tier 2 Supplier Ownership

Serve as Procurement Relationship Executive for assigned strategic suppliers.
Lead executive governance discussions and business reviews with strategic supplier leadership teams.
Drive supplier performance, innovation initiatives, continuous improvement programs, and value realization activities.
Coordinate executive escalation and remediation activities for critical supplier issues.
Evaluate and challenge supplier strategies, pricing models, commercial structures, and operational performance.

Commercial Negotiations & Contracting

Lead negotiations for complex technology, professional services, software, cloud, payment, and operational services agreements.
Drive favourable, commercial terms, pricing structures, service commitments, and contractual protections.
Collaborate with Legal and Risk teams to address contractual, regulatory, privacy, cybersecurity, and operational risk requirements.
Manage renewals and renegotiations to maximize enterprise value while minimizing risk.

Supplier Risk & Governance

Support third-party risk management activities for critical suppliers.
Ensure sourcing activities comply with procurement policies, regulatory expectations, and internal governance frameworks.
Assess financial, operational, cybersecurity, concentration, and resiliency risks during sourcing and contract renewal activities.
Support ongoing supplier governance and remediation activities for high-risk suppliers.

Stakeholder Partnership

Develop strong relationships with senior business leaders and executives.
Act as a trusted advisor on procurement strategy, sourcing approaches, market intelligence, and supplier capabilities.
Influence business decisions through data-driven analysis and market insights.
Facilitate alignment among multiple stakeholder groups with competing priorities.

Leadership & Team Development

Mentor, coach, and provide functional leadership to Sourcing Managers and other procurement team members.
Lead complex negotiations and sourcing activities that may involve multiple sourcing resources and stakeholders.
Share best practices and establish sourcing standards across the Procurement function.
Support development of procurement capabilities, tools, templates, governance processes, and training programs.
Act as deputy to the Director of Procurement when required.

Continuous Improvement

Contribute to procurement transformation initiatives and process improvements.
Work with the team to develop sourcing policies, governance standards, templates, and best practices.
Mentor junior sourcing professionals and support knowledge sharing across the Procurement team.
Track and report sourcing outcomes, savings, risk reduction, and supplier performance metrics.

What you'll have:

10+ years of progressive experience in strategic sourcing, procurement, vendor management, or commercial management.
Experience leading large, enterprise-level sourcing initiatives, ideally managing annual spend of $25M+.
Strong negotiation and commercial management skills, including negotiating complex contracts with strategic suppliers and senior stakeholders.
Proven ability to influence and advise senior executives on supplier strategy, risk, commercial decisions, and business outcomes.
Experience managing strategic suppliers across areas such as technology, SaaS, cloud, payments, outsourcing, cybersecurity, and professional services.
Strong understanding of third-party risk, supplier governance, regulatory compliance, and operational resilience.
Strong financial and analytical skills, including developing business cases, financial models, and commercial recommendations.
Ability to build strong relationships and influence across the organization, while navigating complex or ambiguous situations.
Experience coaching, mentoring, or leading procurement professionals.
Ability to lead strategic initiatives and organizational change while working independently on high-profile, business-critical priorities.
Experience in financial services, banking, payments, fintech, or another regulated industry is strongly preferred.

Salary range: $110,000-$134,000 plus a variable pay incentive of 14%-21%

The salary represents the job rate determined for the successful candidate who is fully competent in the role. The actual salary will vary depending on market conditions and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training.

Central 1 does not use Artificial Intelligence (AI) technology to screen, assess, or select applicants during our recruitment process. This job posting is for an existing, specific vacancy within our organization. All applications will be considered exclusively for the position described in this posting.

Central 1 is an equal opportunity employer and committed to building an inclusive workforce by creating an environment where everyone feels like they belong and has the opportunity to be successful. We welcome all applicants to join our diverse workforce and we will provide an accessible candidate experience including, but not limited to accommodations to interview sites and alternate formats upon request to our Recruitment team.

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More about this job

Responsibilities

Lead enterprise-wide sourcing strategies, high-impact negotiations, and executive governance for strategic suppliers across technology, professional services, and operational categories. Advise senior leaders on commercial decisions and supplier risks, strengthen supplier performance and governance, and mentor procurement professionals while advancing procurement processes and standards.

Requirements

Requires 10 or more years of progressive experience in strategic sourcing, procurement, vendor management, or commercial management, including leadership of large enterprise initiatives and complex supplier negotiations. Candidates should bring strong executive influence, financial and analytical skills, third-party risk and governance expertise, supplier management experience, and a record of coaching or leading procurement professionals; regulated-industry experience is strongly preferred.

Skills

Strategic Sourcing
Procurement Strategy
Commercial Negotiation
Contract Management
Third-Party Risk Management
Supplier Governance
Financial Analysis
Business Case Development
Market Intelligence
Stakeholder Management
Executive Influence
Operational Resilience
Team Leadership
Procurement Transformation

Benefits

Work-Life Flexibility
Hybrid Work Environment
Variable Annual Incentive Plan
Generous Annual Vacation
Flexible Benefits Plan
Family-Building Support
Gender-Affirmation Support
Retirement Plan With 6% Matched Contributions
Learning Platform
Educational Assistance
Virtual Wellness Platform
Career Development Opportunities
Wellness Flex Fund
Paid Volunteer Day
Other Paid Time Off
Corporate Discounts

Visa sponsorship

Not detected in the job text

Keywords

Strategic Sourcing
Enterprise Procurement
Technology Sourcing
Software as a Service
Cloud Services
Payments
Professional Services
Outsourcing
Cybersecurity
Commercial Negotiations
Contracting
Third-Party Risk Management
Supplier Governance
Regulatory Compliance
Operational Resilience
Financial Modeling
Business Cases
Market Intelligence
Benchmarking
Supplier Performance
Executive Governance
Procurement Planning
Spend Management
Risk Assessment
Continuous Improvement
Procurement Transformation
Financial Services
Banking
Credit Unions

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