Sr. Manager, Strategic Sourcing (Fixed Term), Toronto

Who we are

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig. Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small‑business owners, smart investors and savvy consumers. Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank.About the role

As a Senior Manager, Strategic Sourcing (Fixed Term), you will play a key leadership role in shaping how the organization partners with suppliers, manages third‑party risk, and drives value across the enterprise. You will lead strategic procurement initiatives, influence high‑impact decisions, and act as a trusted advisor to business, technology, legal, and risk teams. This role offers the opportunity to own a critical vendor portfolio, elevate procurement excellence, and help build a collaborative, high‑performing sourcing function within a regulated financial services environment.Responsibilities

Lead enterprise‑level strategic sourcing initiatives, from category strategy and market analysis through supplier selection, negotiation, and contract award. Develop and execute category and sourcing strategies that optimize total cost of ownership, manage risk, and support business priorities.Design and lead competitive sourcing and RFP processes, including evaluation frameworks and executive‑ready recommendations. Serve as a hands‑on practitioner, with the ability to read, interpret, draft, and materially edit complex commercial contracts to safeguard the Company. Negotiate complex, high‑value supplier agreements, applying strong commercial judgement and balancing value, risk,and operational considerations.Act as a trusted advisor to senior stakeholders on sourcing options, supplier trade‑offs, and commercial decision‑making. Oversee sourcing‑related vendor onboarding, due diligence, and B‑10 contract assessments as part of an integrated sourcing strategy. Identify and drive cost‑saving and value‑creation opportunities, tracking benefits across the life of supplier agreements.Coach and mentor team members and stakeholders on strategic sourcing methodologies and negotiation best practices, fostering a continuous improvement mindset. Qualifications

Bachelor’s degree in Business, Procurement, Supply Chain, or a related field (or equivalent experience). MBA would be an asset. 8–10+ years of progressive experience in strategic sourcing, procurement, contract management, or vendor management. Experience in financial services or a regulated industryis an asset.Strong commercial and negotiation skills, with sound judgement in assessing risk, value, and business impact. Proven ability to influence senior stakeholders and work effectively across business, legal, technology, and risk teams. Benefits

Recognition as a Great Place to Work Canada 2025 and one of Montreal’s Top Employers 2025 by Canada’s Top 100 Employers. Hybrid work model designed to support work‑life flexibility. Generous vacation based on your role, statutory holidays, plus six wellness days. Competitive base salary plus an annual incentive bonus tied to performance.Comprehensive health and dental coverage through Manulife, virtual healthcare through Dialogue. Group Retirement Savings Plan with up to 7% employer match. Discounts from top retailers via WorkPerks; gym access at London and Montreal offices; Toronto Bike Share access. Education Assistance Program and Fairstone Academy for training and skill development.Parental leave top‑up program. One paid volunteer day. Pay&Process

Expected base salary range is $95,000– $115,000, plus the opportunity to earn an annual incentive bonus tied to performance. This posting is for an existing vacancy within our organization. Artificial intelligence may be used in parts of the recruitment process. All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

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