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Sourcing Associate, Human Resources Category

BMO Financial Group
13 hours ago
Full-time
On-site
Toronto, ON, Canada
Indeed

Application Deadline: 11/13/2026 Address: 250 Yonge Street Job Family Group: Procurement We’re looking for a curious, relationship-focused and analytical individual who is excited to support Human Resources (HR) category initiatives. Supporting the HR category across BMO, inclusive of Administrative Service, Benefits, Recruitment, Relocation and Training, the Sourcing Associate leads sourcing activities and negotiations, acts as a trusted advisor to stakeholders on project deliverables, analyzes financial and supplier risk considerations, and applies category and market knowledge to deliver value, manage cost and reduce supplier risk across HR subcategories. Who We Are At BMO, we're driven by our purpose to Boldly Grow the Good in business and life, guided by our values of Integrity, Empathy, Diversity, Responsibility and Courage, working together as One Bank to make tomorrow better. Who You Are You communicate clearly, both in conversation and in writing. You are curious, adaptable and comfortable working through ambiguity. You build relationships easily and enjoy solving business problems with others. You are organized, analytical and able to manage several priorities at once. You take ownership, exercise sound judgment and know when to engage others for guidance. You have a growth mindset and are motivated to deepen your strategic sourcing and HR category knowledge. You use data and research to form a point of view and make practical recommendations. What You'll Do Business Partnership & Advisory Build relationships with HR stakeholders and develop an understanding of their business needs, priorities and expectations. Provide practical sourcing advice and guidance , translating business requirements into clear sourcing approaches and recommendations. Communicate recommendations, decisions, risks and results clearly to stakeholders and leaders. Support the planning and implementation of sourcing and operational initiatives across the HR portfolio. Sourcing Strategy & Execution Manage sourcing initiatives across the lifecycle with moderate independence, including RFIs, RFPs, supplier evaluations, contract support, negotiations and renewals. Work with stakeholders and category leaders to identify sourcing opportunities and develop supplier selection approaches and negotiation strategies. Conduct market assessments, supplier research and spend analysis to identify opportunities, preferred suppliers and relevant market trends. Develop project plans, maintain accurate and current project reporting, and keep key stakeholders informed of progress, decisions and issues. Manage multiple sourcing projects at the same time, balancing competing priorities and resolving issues within established guidelines. Apply disciplined procurement methodologies, systems and policies throughout the sourcing lifecycle. Supplier Value & Risk Work with suppliers and internal stakeholders to create value, identify savings, improve commercial outcomes and support innovation. Incorporate applicable Supplier Risk requirements into sourcing activities, including considerations related to employee data privacy, information security and service continuity for HR services and solutions. Support due diligence and contract development in collaboration with Legal, Risk, Privacy, Information Security and other control partners, as required. Use market knowledge and supplier insights to inform recommendations and strengthen commercial decisions. Data-Driven Insights & Continuous Improvement Conduct analysis and develop business cases, insights and recommendations aligned with project and category objectives. Use Excel, sourcing systems, reports and dashboards to track project progress, pipeline, performance measures and opportunities. Synthesize information from multiple sources and turn it into clear, actionable recommendations. Stay current on procurement practices, sourcing methodologies and HR supply-market trends. Bring a continuous-improvement mindset b…

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