Director - Sourcing and Procurement (Longview Capital Solutions)
BMO Financial GroupApplication Deadline: 11/29/2026 Address: 300 E John Carpenter Freeway Job Family Group: Procurement Seeking a senior procurement leader with deep expertise in direct procurement, strategic sourcing, and vendor contract management within a standalone operating environment. The successful candidate will lead the transformation and establishment of a procurement function that is currently supported through transition service arrangements, ultimately building and scaling a self-sufficient sourcing and procurement organization. This leader will be responsible for conducting a comprehensive review of existing third-party contracts, assessing vendor performance, spend, and risk, and determining the optimal sourcing strategy, including renegotiating agreements with incumbent vendors or identifying and onboarding new providers. The role requires strong commercial acumen, extensive experience negotiating complex supplier agreements, and a proven ability to develop procurement strategies that deliver value, operational resilience, and cost efficiency. As the functional head of Procurement and Sourcing, the individual will will partner closely with business leaders to establish procurement frameworks, identify external support requirements previously provided through BMO, and build a sustainable procurement operating model that supports the organization's long-term growth and independence. Key Requirements Significant experience leading direct procurement and strategic sourcing functions. Proven track record reviewing, negotiating, and transforming large-scale vendor contracts. Experience building or leading procurement teams within a standalone organization or complex business transformation environment. Strong supplier negotiation, contract management, and spend optimization expertise. Ability to assess existing vendor ecosystems and implement sourcing strategies aligned to business objectives and operational needs. Works with stakeholders to develop and implement innovative sourcing and demand management strategies to achieve business and cost management objectives and minimize risk associated with BMO’s supplier spend. Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do. Ensures alignment between values and behaviour that fosters diversity and inclusion. Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through. Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. Attracts, retains, and enables the career development of top talent. Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives. Develops an expert understanding of business/group challenges. Networks with industry contacts to gather competitive insights and best practices. Recommends measures to improve organizational effectiveness. Establishes supplier management capabilities and governance for enterprise supplier relationships. Directs negotiation of complex issues and requirements with senior supplier management and internal accountable executives. May establish and direct the Supplier Diversity program for North America. Acts as a subject matter expert on relevant regulations and policies. Networks with industry contacts to gain competitive insights and best practices. May consult to or serve on various committees and task forces. Develops 1-3 year vision and strategic plan for team which aligns to Procurement's strategy/goals and communicates to stakeholders. Leads the development and execution of the strategic vision for business/group spend portfolios where recommended strategies have considerable impact on customer sati…