Vice President, Global Procurement

Permanent Full Time 

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We are looking for a Vice-President, Global Procurement

The procurement function is a critical internal service that supports the realization of Canadian and business segment priorities through contract management expertise, supplier management, and third-party supplier risk management. The function is accountable for the operations and global governance structure for procurement activity. 

What you will do    

• Lead most global contracts, identifying opportunities and providing benefits and synergies across the various business segments and across Great West Lifeco 

• Create standardized processes, procedures and reporting to streamline activities and increase global consistency, effectiveness, and collaboration 

• Global reporting includes forecasting and value driven insights and recommendations across the business segments 

• Establish and lead a governance committee at the regional and global level to manage effectively and bring visibility to key issues 

• Provide subject matter expertise to regional procurement and vendor relations leaders on regional-specific initiatives 

• Create the global external vendor relationship strategy and participate in the negotiation and establishment of contracts on behalf of the organization 

• Partner, align, and support key internal stakeholders such as Legal and Risk to enhance current approaches tothe procurement process 

• Implement and manage all third-party risk processes according to Supplier Risk Management Policies and standards, and report on these to regulators. 

• Accountable for development and roadmap of Vendor management system in conjunction with Technology 

• Support the internal business stakeholders in the interactions and dealings with the external vendors to maximize the partnership for the broader organization 

What you will bring   

• Experience leading a team of leaders and professionals that negotiate with external vendors 

• A demonstrated history of driving results, and contributing to change processes that improve both the operational and organizational performance, and creates a culture of accountability 

• Expertise in sourcing  

• Experience managing third party risk in collaboration with stakeholders from Privacy, Risk, Compliance, Technology, etc. 

• Proven ability in developing highly effective mid-term and long-term plans in line with the company’s strategic objectives 

• Highly adept at setting goals, determining priorities, and identifying potential risks and opportunities  

• Can successfully connect and articulate Procurement’s role to the broader strategy and our business  

• Able to assess and prioritize work, identify key issues, create efficiency and maintain attention to detail 

• Drive financial and operational performance of the procurement group; must understand budgeting, forecasting, and the key drivers and levers of costs 

• A proven track record of fostering collaborative relationships, which inspire the right outcomes and creates confidence with colleagues and senior executives 

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If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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