Lead Advisor, Vendor Management

Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The Lead Advisor, Vendor Management will be part of the supply chain team and accountable to develop, plan, lead and execute corporate wide vendor performance management to achieve and exceed the financial groups business objectives and savings goals. You'll experience a wide range of opportunities to learn and develop your career, while leading and executing high value transformational projects that provide value to our stakeholders.

For this role, experience in one or multiple of the following categories and subcategories is required:

Human Resources & Professional Services (including but not limited to Contingent Talent, Consulting, HR services, Pension, Recruitment, and Training),
IT, Technology, Digital Services.
Leasing & Supplies Procurement (including, but not limited to procurement/ Leasing equipment and space, Project Planning/Management Suppliers, Construction/Third Party Contractors, Furniture, Facilities, MRO and other related categories),
Physical Security & Safety (including but not limited to procurement of System and Implementation Suppliers)

Responsabilities

Business Delivery, Performance Management and Operational Excellence

Development and delivery of comprehensive vendor management processes, performance scorecards and risk management, advisory services to meet timelines and achieve departmental and conformity goals.
Bring awareness to market leading processes and practices; to mitigate risk, to drive innovation, and to maximize overall business relationship with assigned critical suppliers.
Maintain accurate and up to date reporting on governance status, progress and issues.
Participate in optimization initiatives. Drive continuous improvement and innovation opportunities by identifying, recommending, and implementing process improvement initiatives.
Ability to research competitive intelligence in vendor performance management.
Develop improvement plans and ensures line of sight for senior management throughout the process of key initiatives.

Client and Relationship Management

This role will Partner and work collaboratively with Lines of Business (LOBs), Corporate Functions (Corporate), Risk Management and Suppliers to develop and implement innovative vendor performance management governance to achieve business and conformity objectives.
Models the delivery of exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support.·
Preparation and presentation of reports to associated business units, reporting on key metrics such as overall performance, qualiy, business relationship, risk management with key suppliers with the assigned portfolios.

Risk Management and Control

Be accountable for complying with the financial group's risk appetite framework and ensuring risk taking activities remain within agreed limits and adhere to applicable corporate policies, operating directives, laws and regulations (including risk, compliance and audit).
Identify potential risk situations/impacts and make recommendations or escalate to your manager.
Ensure contingency plans are followed through and given appropriate line of sight and reporting per guidelines.
Maintain an understanding of regulatory, policy, procedural and other relevant business changes as it relates to supplier engagements and conformity.
Ensure adherence to all aspects of LBC Code of Conduct and Ethics Corporate Policy and assist in implementing the Vendor Ethics and Code of Conduct.

Qualifications

University Degree in business administration or relevant field
Minimum 8 years in procurement in Procurment or Vendor Management
Any other combination of education and experience may be considered.
Bilingualism (written & verbal), French/English*
Excellent communication, presentation and interpersonal skills. Must have the ability to present vendor management debriefs and dashboard, analytical techniques and solutions to all levels in the organization.
Able to work creatively and collaboratively with stakeholders and suppliers to identify innovative solutions. As various assignments are carried out with considerable independence, the incumbent is expected to take initiative in planning and seeking out information.
Good communication skills and business relationship management.
Writing skills for contractual clauses and statement of works.
Experience in financial industry (asset).

*Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
Work model: We prioritize a hybrid work model based on business needs.
Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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