Director, Enterprise Procurement and Third-Party Management
EquitableAt Equitable, we believe work should be a place where you feel supported, inspired, and empowered to grow. In our caring and collaborative environment, your curiosity is encouraged, your passion is recognized, and your contributions truly matter. Together, we create meaningful impact, for our clients, our communities, and each other. The Opportunity: At Equitable, we believe great things happen when we work together. We’re a Canadian mutual company driven by purpose - putting people first and helping Canadians protect today and prepare for tomorrow. If you’re passionate about making a difference and growing your career in an inclusive and collaborative environment, we’d love to hear from you. Our culture is built on care, passion and curiosity. We put people above all else, strive to be our best and welcome new ideas to deliver positive outcomes. As Director, Enterprise Third-Party Management, you will lead the development and oversight of Equitable’s enterprise-wide third-party management framework, ensuring third-party relationships deliver value, support strategic objectives, and operate within the Company's risk appetite and regulatory requirements. In this highly visible leadership role, you will oversee third-party governance, procurement, vendor management, and cost optimization initiatives while ensuring compliance with OSFI Guideline B-10 and other applicable regulations. Working closely with senior leaders across the organization, you will provide expert guidance on third-party strategy, risk management, commercial relationships, and operational resilience. You will also lead a high-performing team and help strengthen Equitable’s ability to manage third-party risk while driving business performance and operational efficiency. Join one of the region’s top employers and be part of something that truly makes a difference. Work Arrangements: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement. What you’ll do: Develop, implement, and continuously enhance Equitable’s Third-Party Risk Management program, ensuring compliance with OSFI Guideline B-10 and other applicable regulatory requirements Establish and maintain enterprise-wide standards for third-party due diligence, onboarding, risk assessment, oversight, performance monitoring, and termination processes Provide oversight and effective challenge for significant third-party relationships across the organization, including MGAs, reinsurers, and vendors Monitor emerging third-party risks, industry trends, and regulatory developments, recommending program enhancements to strengthen governance and risk management practices Deliver regular reporting and insights to senior management and governance committees on third-party risks, program effectiveness, and key performance indicators Lead procurement and vendor management activities, including strategic sourcing, supplier selection, contract negotiation, vendor governance, and supplier performance management Drive enterprise vendor cost management initiatives focused on spend visibility, contract optimization, value realization, service quality, and operational efficiency Lead and develop a high-performing team while partnering with Risk, Legal, Compliance, Finance, Information Security, Privacy, and business leaders to support strategic initiatives, outsourcing arrangements, and business transformation programs What you’ll bring: University degree in Business, Finance, Risk Management, Supply Chain Management, Commerce, Law, or a related field 10+ years of progressive leadership experience in third-party risk management, procurement, vendor management, operational risk, or a related discipline Experience working within financial s…