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Added 41 mins ago
OH
Senior Advisor, Clinical Cardiac
Ontario Health | Santé Ontario
ON · Ontario, Canada
- Full-time
The Senior Advisor, Clinical Cardiac is a key senior member of the clinical portfolio, providing expert clinical leadership to advance the mandate and long-term strategy of the Cardiac…
Added 41 mins ago
NN
Supply Planner
Nestlé Nespresso SA
Montreal, QC
- Full-time
Act as a trusted advisor to cross functional partners
Added 1 hour ago
IW
Coordinator, Region Office Operations (12 Months Contract) - Mississauga, ON
IG Wealth Management
ON · Ontario, Canada
- Contract
…operational and administrative support services to members of the Advisor network in Region and Division offices across the…
Added 1 hour ago
X
VP, Communications, Brand and Marketing
Xanadu
Toronto, ON
- Full-time
Serve as a trusted strategic advisor to the CEO and executive leadership on market opportunities, reputational impact, and communications trade-offs.
Added 1 hour ago
IW
Senior Manager, Events
IG Wealth Management
MB · Manitoba, Canada
- Full-time
…develops and delivers impactful event programs that strengthen advisor relationships, showcase organizational capabilities, support product and business priorities, and create environments…
Added 1 hour ago
IW
Senior Manager, Events
IG Wealth Management
ON · Ontario, Canada
- Full-time
…develops and delivers impactful event programs that strengthen advisor relationships, showcase organizational capabilities, support product and business priorities, and create environments…
Added 1 hour ago
PC
Manager, Financial Services, Digital Banking Operations, Consulting
PwC Canada
Toronto, ON
- Full-time
Ability to act as a trusted advisor to senior client stakeholders, building and maintaining strong relationships.
Added 1 hour ago
C
Associate Financial Advisor
CIBC
Brampton, ON
- Full-time
…difference in our clients' lives. As an Associate Financial Advisor, you’ll form a deep understanding of your personal and small business clients’ needs as you recommend simple,…
Added 1 hour ago
OT
Legal Counsel
Open Text Inc.
Toronto, ON · Ottawa, ON · Mississauga, ON · Richmond Hill, ON · Waterloo, ON
- Other
In this role, you will be a trusted Legal advisor and business partner collaborating with cross-functional teams and diverse internal clients. You'll handle escalations with finesse and…
Added 1 hour ago
VG
Director of Hospitality
Vancouver Golf Club
Coquitlam, BC
- Full-time
Added 1 hour ago
AC
Full-time Enterprise CRM Integration Specialist
Algonquin College of Applied Arts and Technology
Ottawa, ON
- Full-time
…also a senior, hands-on Salesforce developer and technical advisor who develops, configures, administers, and supports Salesforce solutions that advance College goals and provide a reliable…
Added 1 hour ago
Digital Sales Operations Specialist - Digital Sales
Talent Acquisition Team at Westland Insurance. Text reply only.
Surrey, BC
…multiple provinces, supporting file quality, reporting, systems, advisor training, and operational…
Added 2 hours ago
B
Human Resources Business Partner
Baycrest
Toronto, ON
- Full-time
Serve as a trusted advisor to staff and leadership while ensuring alignment with best practices on HR-related matters.
Added 2 hours ago
VS
Vice President, People (2026-11055)
Verve Senior Living
Toronto, ON · North York, ON
- Full-time
Serve as a strategic advisor on workforce planning, organizational effectiveness, and cultural initiatives.
Added 2 hours ago
Associate Wealth Advisor
First West
Chilliwack, BC
We are currently seeking an Associate Wealth Advisor to join our team.
Added 2 hours ago
Assistant Branch Manager (Enderby Branch)
First West
Enderby, BC
The ABM is responsible for the leadership of an assigned team of branch advisory employees (up to the Financial Advisor position) and ensures current and potential members receive…
Added 2 hours ago
HC
Transformation and Strategic Initiatives Advisor (#2026-NON-CHS-333)
Hastings County
Belleville, ON
- Full-time
Transformation and Strategic Initiatives Advisor
Added 2 hours ago
X
VP, Communications, Brand & Marketing
Xanadu
Toronto, ON
- Full-time
Serve as a trusted strategic advisor to the CEO and executive leadership on market opportunities, reputational impact, and communications trade-offs.
Added 2 hours ago
LD
Beauty Advisor
London Drugs Limited
Prince George, BC
- $18.25 to $21.58 CAD / hour
- Other
…expertise for all-things beautiful. As a London Drugs BEAUTY ADVISOR, you’ll be a trusted expert to our customers, helping them select the cosmetics and beauty products perfectly suited to…
Added 2 hours ago
MC
Senior Small Business Advisor
Meridian Credit Union
Barrie, ON
- $68,800 to $100,000 CAD / year
- Full-time
…business development, retention of Members and referrals. The Advisor will manage an existing portfolio and/or build a Small Business portfolio by developing new relationships, while…
Added 2 hours ago
RB
Banking Advisor
Royal Bank of Canada
Shelburne, ON
- Full-time
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Added 2 hours ago
RB
Financial Advisor
Royal Bank of Canada
Burnaby, BC
- Full-time
As an RBC Financial Advisor, you attract, nurture, and grow relationships with our high-value personal and small business clients, by adding value in the moments that matter to them. You…
Added 2 hours ago
RB
Client Advisor
Royal Bank of Canada
Ponoka, AB
- Part-time
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Added 2 hours ago
RB
Client Advisor
Royal Bank of Canada
Centre Wellington, ON
- Part-time
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Added 2 hours ago
A
Director, Stations
AECOM
Mississauga, ON
- Full-time
Lead the construction management function in collaboration with the Delivery Partner, Technical Advisor, contractor, and client teams, including program management, pre-construction,…

Central 1

Senior Sourcing Manager-(Hybrid)

Vancouver, BC, Canada
Toronto, ON, Canada

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

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Applications open in a new tab.

Job details

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

The Senior Sourcing Manager will lead enterprise-wide sourcing initiatives and complex commercial negotiations to drive business outcomes. They will also manage strategic supplier relationships, oversee governance and risk management, and provide mentorship to procurement team members.

Requirements

Candidates must have 10+ years of progressive experience in strategic sourcing, procurement, or vendor management, ideally with experience in financial services. Strong negotiation skills, executive influence, and a deep understanding of third-party risk and commercial contracts are essential.

Skills

Strategic sourcing
Procurement
Vendor management
Commercial negotiations
Contract management
Risk management
Supplier governance
Financial modeling
Stakeholder management
Leadership
Mentoring
Market intelligence
Technology sourcing
Regulatory compliance
Operational resilience

Benefits

Work-life flexibility
Hybrid work environment
Variable annual incentive plan
Annual vacation allotment
Flexible benefits plan
Retirement plan with 6% matched contributions
Learning platform access
Educational assistance
Virtual wellness platform
Career development opportunities
Wellness flex fund
Volunteer day off
Corporate discounts

Visa sponsorship

Not detected in the job text

Keywords

Strategic Sourcing
Procurement
Vendor Management
Commercial Negotiations
SaaS
Cloud
Payments
Cybersecurity
Financial Services
Fintech
Risk Management
Governance
Contracting
Business Case Development
Market Intelligence
Stakeholder Engagement
Operational Resilience
Supply Chain
Enterprise Strategy
Regulatory Compliance

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