Director, Procurement

Who We Are At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we're the team behind Money Mart—Canada's largest non-bank branch network—and a leader in financial solutions for underserved communities. From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect over a million customers a year to the money they need, when they need it. At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people. We've Got You Covered Compensation Philosophy: Our strategy is simple—we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose. Discretionary Annual Bonus: Enjoy the opportunity for a discretionary bonus based on individual performance and company success. Comprehensive Benefits: Our benefits include health and dental plans with 100% of the premiums covered. We also offer an Employee Assistance Program to support your mental well-being and provide resources for personal challenges. Retirement Plans: Plan for your future with our robust retirement savings options, ensuring you're set for the long haul. Hybrid Work Environment: Experience the best of both worlds with our hybrid work model, allowing you to balance remote work with in-office. When you're at our corporate head office, enjoy a relaxed and collaborative environment featuring breakout rooms for brainstorming and unwinding, plus a variety of snacks to keep you energized throughout the day. Perks and Rewards: Enjoy reimbursement for tuition assistance and professional development, discounts through Perkopolis and participate in our rewards and recognition programs to celebrate your contributions. Please note: The salary range for this position is between C$ 150,000 to C$ 160,000 Director, Procurement The Job: Momentum Financial Services Group is seeking an experienced Director, Procurement to lead the execution and continued development of our enterprise procurement and vendor management function. Reporting to the VP, Procurement , this role will provide strategic and operational leadership across procurement strategy, category planning, strategic sourcing, complex commercial negotiations, supplier governance, vendor performance and procurement operations . You'll work closely with senior business leaders and partners across Legal, Finance, Information Security, Risk and Operations to translate business needs and spend insights into actionable sourcing strategies, measurable savings, stronger supplier performance and effective contract outcomes. You'll also provide leadership, coaching and prioritization to Procurement team members while helping mature procurement practices and capabilities across the organization. What You'll Do Develop and execute annual procurement plans, category strategies, sourcing pipelines and savings initiatives aligned with business and financial priorities. Use spend, market, supplier and demand analysis to identify opportunities for cost optimization, supplier consolidation, competitive sourcing and contract improvement. Establish sourcing and negotiation strategies across key categories including IT, SaaS/software, AI, cloud, telecom, hardware, professional services and operational suppliers. Lead high-value and business-critical sourcing engagements from initial intake and market assessment through competitive sourcing, negotiation, approval and contract execution. Lead RFIs, RFQs and RFPs, including evaluation criteria, stakeholder scoring, commercial analysis, recommendatio…

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