The Sourcing Manager reports to Director, North America Sourcing and is responsible for the end-to-end execution of the sourcing process for large complex sourcing and contracting initiatives. The incumbent oversees sourcing strategy development, supplier selection and contract negotiations consistent with an overall Sourcing strategy and business unit objectives.  The Sourcing Manager will lead project teams that include business unit partners, subject matter experts and Sourcing Analysts.  It is expected that the individual will bring extensive strategic sourcing experience and contribute to the development and application of procurement and sourcing beststandard methodologiesoss the organization.

Position Responsibilities:

• Lead cross-functional teams to complete medium to high value/complexity sourcing projects and contracting efforts

• Conduct in-depth analysis (pricing and contractual), determine sourcing strategy, and complete sourcing projects (such as RFx, single/sole sourcing, renewals, amendments)

• Leverage market and supplier intelligence for development of sourcing and negotiation strategies

• Work with business partners to collect and finalize requirements vital to evaluate and select suppliers

• Drive and lead the negotiation process, with consultative support, as the need arises, from business, legal and risk

• Proactively coordinate and schedule meetings with external resources and internal subject matter experts

• Independently provide leadership and support to a team of indirect reports on sourcing projects

Required Qualifications:

• Sourcing experience in any of the following categories is an asset: business print, professional services, business process outsourcing or contact center

• Proven experience in delivering large savings and value in a procurement function

• Undergraduate degree (business preferred)

• MBA and/or industry certifications such as NISCL – SCL, CSCMP, CPSM is an asset

• 6+ years of progressive business experience in procurement or strategic sourcing

• In-depth knowledge of sourcing and procurement principles and standard methodologies

• Knowledgeable in Ivalua is an asset

Preferred Qualifications:

• Candidate must be able to demonstrate the following abilities:

  • Problem analyzer and decision maker – effectively searches and uses industry and market insights; able to assimilate, synthesize, and present complex information in a beneficial form; attention to detail; evaluates feasibility and practicality of ideas and options; takes ownership and makes informed and timely decisions.

  • Skilled communicator – communicates complexity with transparency and ease; articulates a clear view of concepts, ideas, and objectives; represents the company externally with confidence; skilled in both oral and written communication

  • Team builder – builds strong partnerships with internal clients and suppliers; builds buy-in and engagement with key partners

  • Collaborator – Able to work in a cross-functional international team environment and collaborate effectively across different organizational levels, functions, businesses, and geographies to realize procurement goals and objectives

  • Strategic problem solver – thinks conceptually beyond day-to-day business realities; builds a clear vision and goals and adopts a long-term perspective; anticipates emerging issues.

  • Influencer – Ability to move others towards a position (point of view), with or without authority, by setting expectations and communicating expertise and a compelling rationale with an enterprise-wide attitude

#LI-Hybrid

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Toronto, OntarioHybrid

Salary range is expected to be between

$84,375.00 CAD - $151,875.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.