Position Responsibilities:
- Lead cross-functional teams to execute on medium to high value/complexity sourcing projects and contracting efforts. Determine sourcing strategy and conduct analysis and negotiations.
- Influence requirements from business partners necessary to evaluate and select suppliers
- Conduct baseline and market analysis, develop sourcing strategy and conduct contract negotiations
- Read and understand contract and commercial terms in current contracts and proposals.
- Manage sourcing resources and engage subject matter experts (such as legal, risk and finance) in support of a specific set of commodities and/or a business line
- Provide sourcing thought leadership and day-to-day oversight of resource activities
- Be responsible for the accuracy of contract archives
- Track expirations of existing contracts and develop work plan for renewals, interact with legal and drafting teams to incorporate results of negotiations into contract documents
- Provide supporting analytics to finance team to validate realized savings
- Manage relations with key business partners and project owners to develop/maintain strong working relationships
- Support vendor managers in execution of business led initiatives as necessary.
Required Qualifications:
- Graduate degree (business preferred)
- Knowledge of relevant legislative and regulatory requirements relating to management of third party outsourcing in the jurisdictions in which Manulife operates
- Knowledge of financial, actuarial and insurance systems
Preferred Qualifications:
- IT Infrastructure contracts/sourcing experience
- Extensive knowledge of IT software/SaaS solutions/vendor
- Undergraduate degree (business preferred)
- 6 years of progressive business experience in global supply chain management and/or vendor management and/or contract management
- Solid knowledge of sourcing and procurement principles and best practices
- Experience and expertise with supplier contractual terms and conditions to mitigate legal and business risk
- Experience with sourcing and procurement systems and tools
- Solid analytical skills
Manulife