Procurement Sourcing and Engagement Manager

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Procurement Sourcing and Engagement Manager

Are you looking for a supportive and collaborative workplace with great benefits and clear career development? You've come to the right place.

Why choose Manulife?

• Competitive Salary packages and performance bonuses
• Day 1 HMO + FREE coverage for your dependents (inclusive of same-sex partners)
• Retirement savings benefit
• Rewarding culture that values wellness and well-being
• Performance Bonus
• Global network of industry experts
• Extensive training resources

The opportunity

The Procurement Sourcing and Engagement Manager is responsible for developing a strategic sourcing approach. The Procurement Sourcing and Engagement Manager will lead a team of procurement specialists and will be responsible for sourcing and negotiating with suppliers to acquire the most cost-effective deals, manage supplier contracts, implement procurement policy and standards and to ensure processes and governance are in place to meet business objectives and operational needs.

Role and Responsibilities

• Identifies and develops strategies that leverage and add value to the target savings and requirements of the business.
• Responsible for leading, managing, coaching, and developing a high performing team.
• Provides overall support in the end-to-end process of sourcing and procurement from sourcing, supplier onboarding, risk mitigation, contact management and purchasing of goods and services.
• Collaborates and manages relationships with stakeholders, internal customers, and business partners.
• Supports the team in addressing the challenges or areas of opportunities identified.
• Developing sourcing, procurement and savings strategies that are inventive and cost-effective.
• Reviewing and negotiating existing contracts with suppliers to ensure on-going feasibility and optimization of commercial terms.
• Building and maintaining long-term relationships with suppliers
• Collaborating and engaging with key internal stakeholders to facilitate delivery and compliance with the procurement strategy.
• Contributing to new business initiatives and projects by reviewing and communicating the impact on procurement activities
• Strengthening the procurement practice and governance ensuring adherence to Procurement Policy and Standards.
• Responding to audit requirements and implementing audit recommendations

How will you create impact?

The Procurement Sourcing and Engagement Manager will report directly to the Procurement Sourcing and Engagement Lead.

What motivates you?

• You obsess about customers, listen, engage, and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for

• Bachelor's degree in consulting, supply chain management and business administration are preferred.
• At least 7 years of proven experience in indirect procurement sourcing/ category management or equivalent relevant work experience in a shared services industry.
• Experience using supply chain management software and tools such as but not limited to Oracle, SAP Ariba and Ivalua.
• Preferably coming from Shared Services, Financial Services, cross functional and multinational set-up
• In-depth knowledge of drafting and reviewing contracts, and negotiation terms
• Proficient in Microsoft Office Suite (Word, Excel, Outlook, Sharepoint and Access)
• Excellent interpersonal and negotiation skills and the ability to develop close working relationships and work collaboratively with internal and external customers and vendors.
• Strategic sourcing experience in both direct and indirect spend categories is a plus.

What can we offer you?

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

Our commitment to you

• Values-first culture
  We lead with our Values every day and bring them to life together.
• Boundless opportunity
  We create opportunities to learn and grow at every stage of your career.
• Continuous innovation
  We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion
  We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship
  We build a business that benefits all stakeholders and has a positive social and environmental impact.

Let's make every day better together. Learn about our opportunities at JOBS.MANULIFE.COM

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 .

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 *********** .

Working Arrangement

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About Us

We're Manulife. And we're on a mission to make decisions easier and lives better.

Better is what drives us.It's what inspires us to find new ways to support customers and colleagues in living longer and healthier lives.It's the reason we're dedicated to investing in digital innovation and accelerating a sustainable and economically inclusive future.

Joining us means you'll be empowered to learn and grow your career. We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words. And as part of our global team, you'll help shape the future you want to see – and discover that better can take you anywhere you want to go.

We're proud of our accomplishments and recognitions. Recent awards include:

2024 Gallup Exceptional Workplace Award Winner

Manulife Named one of Forbes World's Best Employers 2023

Best Companies to Work for in Asia 2023

We've been recognized as one of Canada's Top 100 Employers (2024)

Manulife included in Bloomberg's 2023 Gender-Equality Index

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