Sr. Strategic Sourcing Manager

BMO Financial Group

Chicago, IL, US
Base: $112,200.00 - $209,000.00; bonus/equity: may...
7+ years strategic sourcing experience
Expert knowledge of procurement processes
In-depth financial services industry knowledge
The role involves developing and implementing innovative sourcing strategies to achieve business objectives while minimizing supplier spend risks

Job Summary

  • The role involves developing and implementing innovative sourcing strategies to achieve business objectives while minimizing supplier spend risks.
  • Candidates will act as a trusted advisor to senior leaders, providing strategic input on business decisions and new initiatives based on deep market insights.
  • BMO offers a comprehensive total compensation package including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

The role involves developing and implementing innovative sourcing strategies to achieve business objectives while minimizing supplier spend risks.

Salary

Base: $112,200.00 - $209,000.00; Bonus/Equity: May include commission structure and performance-based incentives; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings plans

Skills & Requirements

Must-have

  • 7+ years strategic sourcing experience
  • Expert knowledge of procurement processes
  • In-depth financial services industry knowledge
  • Advanced Excel and data analysis skills
  • Strong negotiation and stakeholder influence
  • Supplier risk assessment and management

Nice-to-have

  • Change management program leadership
  • Process improvement and innovation mindset
  • Cross-group collaboration expertise
  • Ability to manage ambiguity effectively
  • Data-driven decision making approach

Key Requirements

  • 7+ years relevant strategic sourcing experience
  • Post-secondary degree in related field
  • Expertise in sourcing/procurement systems
  • Knowledge of regulatory requirements
  • Demonstrated ability to assess and prioritize risks

Work Rights

Not specified

Tailored Resume

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