Senior Director, Strategic Sourcing, Vendor Governance and Operations Invest PSP View all jobs Montreal, QC Permanent Full-time 2 months ago ABOUT USWe’re one of Canada’s largest pension investors, with CAD$299.7 billion of net assets as of March 31, 2025.We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.Capturing and leading complex global investments requires us to work as one to seize valuable opportunities, in close collaboration with some of the world’s top companies. At PSP Investments, you’ll join a team of motivated and engaged professionals, dedicated to propelling our organization further than ever before.ABOUT YOUR ROLEAs Senior Director, Strategic Sourcing, Vendor Governance and Operations, you will define and lead organizational strategies for sourcing, vendor management, and procure-to-pay operations. You will establish a multi‑year roadmap that drives efficiency, operational excellence, and right‑sized processes, balancing sound governance and a strong sense of pragmatic execution.You will champion a practical and outcome‑driven approach that reduces unnecessary complexity, accelerates decision‑making, and ensures sourcing, vendor oversight, and AP operations deliver measurable value, risk‑aware governance, and strong financial stewardship. You will lead a motivated team and foster a culture of continuous improvement, simplification, and enterprise collaboration.As a Senior Director, Strategic Sourcing, Vendor Governance and Operations, your key responsibilities are as follows:Strategic Sourcing LeadershipDefine and implement multi‑year sourcing and category strategies across major spend areas under managementEvolve fit‑for‑purpose frameworks that right‑size effort and rigor to spend and risk profilesLead complex negotiations using pragmatic, outcome‑oriented tacticsStreamline sourcing activities to improve cycle times and reduce administrative overheadPromote early procurement involvement in business planningVendor Governance & Risk ManagementServe as owner of the vendor governance frameworkMaintain clear policies, escalation paths, KPIs, and reporting that inform decisions without unnecessary bureaucracyRight‑size operationalization of third‑party risk management (TPRM) assessments based on vendor criticality and risk tierStrengthen accountability for performance, contractual obligations, SLAs, and commercial protectionsEnsure policy alignment and efficient coordination with Legal, Risk, Internal Audit, IT Security, and FinanceVendor Operations & Accounts Payable LeadershipLead AP and vendor operations to deliver accurate, timely, and compliant paymentsImprove efficiency by automating manual processes, optimizing workflows, and reducing exceptionsRight‑size approval matrices and controls to balance compliance with operational agilityEnhance vendor onboarding, master data governance, and end‑to‑end payment effectivenessEnsure audit readiness through consistent and efficient documentation and controlsGovernance, Controls & Policy OwnershipMaintain procurement, contracting, and AP policies that are clear, lean, and scalableAdjust thresholds, documentation, and governance activities based on risk and valueStrengthen compliance through streamlined and pragmatic internal controlsEnsure end‑to‑end alignment between sourcing, contracting, and paymentsLeadership & Stakeholder EngagementLead and evolve motivated teams towards enhanced focus on efficiency, pragmatism, and operational excellenceBuild streamlined engagement models with Finance, Legal, Risk, Technology, and business partnersReinforce a culture of accountability, continuous improvement, and cross-functional collaborationInfluence senior leaders with data‑driven recommendations and practical solutionsInnovation, Transformation & Operational ExcellenceDrive continuous improvement, lean methodologies, and process modernization.Deploy digital tools and automation that enhance transparency, speed, and data qualityEliminate waste, reduce complexity, and embed scalable processes and controlsDeliver measurable efficiencies and organizational value across sourcing, vendor governance, and APWHAT YOU’LL NEEDBachelor’s degree in Business, Supply Chain, Finance, Engineering, or related fieldMaster’s degree (e.g., MBA) or similar post Bachelor procurement education considered an assetMore than fifteen (15) years in procurement, strategic sourcing, vendor management, and/or financial operations in the financial sector or similar sectors where procurement is of indirect goods and servicesLeadership of multi‑disciplinary teams with a track record of driving efficiency and operational excellenceProven experience simplifying processes, right‑sizing governance, and leading transformation initiativesStrong experience in complex contract negotiations, category strategy, and vendor performance oversight in the financial sector or similar sectors where procurement is of indirect goods and servicesDeep knowledge of sourcing, contracting, AP workflows, controls, and vendor risk.Strong analytical and change leadership skillsAbility to design simple, pragmatic, scalable processesStrong communication, stakeholder influence, and executive alignment abilitiesExperience with P2P systems (SAP, GEP, Coupa, or Oracle) is an assetProficiency in English and French (or willingness to learn) (frequent interactions in English with PSP employees based in our offices in Hong Kong, London and New York, and interactions in French with employees in our local offices in Montreal and Ottawa)We offer a tailored employee experience and competitive total rewards and benefits package* designed to attract and retain global diverse talent, reward performance, and reinforce business strategies and priorities. Beyond salary and incentive pay eligibility, you have access to:Investment in career developmentComprehensive group insurance plansCompetitive pension plansUnlimited access to virtual healthcare services and wellness programsGender-inclusive paid family leave policy: up to 26 weeks for primary caregivers, 5 weeks for secondary caregiversA personalized family-building support, from pre-pregnancy to menopause, with available financial assistanceVacation days available on day one with additional days on milestone service anniversaries, and summer Friday afternoons offA hybrid work model with a mix of in-office and remote days*Benefits package may vary based on your employee type.At PSP Investments, we aim to provide a workplace where everyone feels valued, safe, respected and empowered to grow. As part of this leadership commitment, we strongly encourage applications from all qualified applicants and strive to offer an inclusive and accessible candidate experience. If you require any accommodation for any part of the recruitment process, please let us know.Visit us onFollow us on#LI-PG1 Invest PSP Apply Now Next Forward this job to your email to apply later Save Share Follow this company
