Our client is seeking a Junior Procurement Specialist to support day-to-day operational and administrative activities within a Procurement operations environment. This role sits within the Enterprise Risk Management Systems (SEMS) group and supports first line of defense (1st LOD) programs, helping ensure operational effectiveness, regulatory adherence, and strong risk management practices.
This opportunity is ideal for an early-career professional looking to build hands-on experience in Procurement within a large, regulated financial institution. The successful candidate will work closely with a small, collaborative team and gain exposure to procurement accountability, risk management, and enterprise operations.
Location: Toronto, ON (Hybrid – 3 days in office, may increase to 4)
Contract Length: 12 Months (Extension Possible; FTE Conversion Dependent on Headcount Approval)
Hours: 9:00 AM – 5:00 PM EST (8 hours/day, no overtime)
Pay: T4: $29/h IC: 33.5/h
Support the implementation and ongoing delivery of operational initiatives and programs within a Procurement operations environment.
Execute routine operational tasks such as service requests, transactions, inquiries, and administrative activities within defined service level agreements.
Deliver specific operational processes aligned to the Procurement specialization.
Provide operational subject matter support related to Procurement processes and procedures.
Develop solutions and recommendations based on an understanding of business strategy, stakeholder needs, and operational requirements.
Provide advice and guidance to assigned business or group on the implementation of solutions.
Support execution of strategic and operational initiatives in collaboration with internal and external stakeholders.
Assist in the development of strategic and operational plans.
Build and maintain effective working relationships across internal and external stakeholders.
Ensure alignment between stakeholders and business objectives.
Break down operational or strategic problems and analyze data to provide insights and recommendations.
Monitor and track performance metrics, addressing issues as they arise.
Provide input into planning and implementation of operational programs.
Support the development, promotion, and sustainment of business/group programs.
Assist with scheduling, workload coordination, and workflow management as required.
Participate in the design, implementation, and management of core business processes.
Identify business needs and support the development of tools, documentation, and training programs; may assist with training delivery.
Communicate and reinforce programs, processes, standards, and operating principles.
Support the development of tailored communications, including writing, editing, and distributing materials.
Gather, analyze, and format data for regular and ad-hoc reporting and dashboards.
Coordinate and execute activities related to implementation of initiatives, including tracking milestones and metrics.
Support change management activities focused on execution and sustainment.
Develop and maintain knowledge related to the Procurement and operations specialty.
Organize work information to ensure accuracy, completeness, and compliance with internal standards.
Exercise judgment to identify, diagnose, and resolve problems within established policies and guidelines.
Perform additional duties and broader accountabilities as required.
2–3 years of relevant experience and/or certification in a related field, or an equivalent combination of education and experience.
Working proficiency with PC tools, including MS Word, Excel, and PowerPoint.
Knowledge of operational processes and procedures within a business or functional group.
Understanding of applicable risk and regulatory requirements and their impact on business operations.
Strong verbal and written communication skills.
Strong collaboration and teamwork skills.
Strong analytical and problem-solving capabilities.
Ability to work mostly independently with minimal supervision.
Banking or financial services industry experience.
Prior exposure to Procurement operations or procurement-related processes.
Post-secondary education in Business, Operations, Supply Chain, Finance, or a related discipline is preferred but not required. This role is considered entry-level, and equivalent experience will be considered.