Director, Strategic Procurement

About Vancity

Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity net-zero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.

Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If you’re interested in joining their team of 2,700 diverse individuals and accessing competitive rewards and benefits, all while knowing you are part of a greater movement, then apply today!

About the workplace

As Director, Corporate Procurement, you will oversee the procurement function and will be accountable for managing programs, operations, strategies, and teams that support Source to Contract (S2C) and Procure to Pay (P2P). You’ll have a key responsibility to ensure Third-Party Risk Management (TPRM) governance at Vancity.

You will be responsible for building, developing, and coaching a strong, diverse, and high-performing team of sourcing and procurement professionals to deliver a seamless and efficient purchasing experience for all Vancity departments.

This is a permanent, full-time role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland based home office. This role may require you to work on-site at least once a week.

A typical day would involve:

• Lead and collaborate in setting overall corporate procurement strategies and operations aligned with organizational goals.
• Build and maintain a high-performing customer focused team, fostering a culture that reflects Vancity’s values.
• Direct the organization’s procurement function to minimize total costs of ownership (TCO) without compromising quality or supply reliability.
• Evaluate and negotiate complex supplier and vendor relationships to secure favorable terms and lowest TCO.
• Implement leading Source-to-Pay strategies and processes and drives the systemization of corporate sourcing and procurement processes.
• Implement quick-service sourcing guidelines, tools and standards and removes obstacles to enable agile methodologies in procurement.
• Develop, owns and lead the corporate purchase card program along with other effective corporate procurement tools.
• Builds and maintains strong interdepartmental relationships to align procurement strategies with policies and organizational goals, ensuring effective communication and cross-functional efficiency.
• Develop and deliver short-term and long-term procurement programs that enhance stakeholder value through cost savings, cost avoidance, operational effectiveness and third-party risk management.
• Lead the management of Vancity’s third party contracts portfolio, collaborating with internal departments to ensure compliance and effective supplier management.
• Ensure vendor management capabilities and contracts meet evolving regulatory standards while balancing internal stakeholder requirements.
• Support corporate directives for Third-Party Risk Management (TPRM) and adherence to all relevant regulatory standards, including OSFI B10 Guidelines.
• Ensure procurement and contract execution workflow follow delegation of authorities policies.

You have:

• 10+ years of progressively senior experience in procurement, third-party management, supply chain, process management, and procurement technologies.
• Experience in a leadership role, including managing high-performing teams.
• Diploma or Bachelor’s degree in business, operations, supply chain or a related field.
• Master of Business Administration (MBA) is a nice-to-have.
• Supply Chain Management Professional (SCMP), Certified Supply Chain Leader (CSCL), or equivalent designations/certifications are an asset.
• Extensive knowledge of financial industry procurement best practices, including Source-to-Contract, Procure-to-Pay and Third-Party Risk Management.
• Extensive knowledge of provincial and federal financial industry regulations related to procurement, including OSFI B10 Guidelines.
• Advanced business case development, budgeting, and cost accounting skills.
• Strong understanding of Canadian contract law and legislation that governs the purchase and sale of goods and services in Canada.
• Expertise in drafting business policies and process governance.
• Strong process design and ERP technology skills.
• Proficiency in Microsoft Suite (Word, Excel, PowerPoint, SharePoint, MS Project).
• Exceptional business acumen and strategic thinking.
• Advanced problem-solving and critical thinking abilities.
• Excellent written and oral communication skills, with active listening capabilities and effective negotiation and conflict resolution skills.
• Strong prioritization skills, results-driven, and hands-on approach.
• Strong project management capabilities.

You are:

• A Strategic partner– You drive procurement strategies that optimize sourcing, cost efficiency, and supplier management while aligning with organizational goals.
• A people leader – You build and empower high-performing, customer-focused teams. You have the ability to be adaptable to manage and lead yourself and your team through change.
• An excellent communicator - You use your interpersonal, written, and verbal communication skills to facilitate project deliverables, convey and address ideas, challenges, and opportunities across several functions, teams, and departments, internally and externally. You love to collaborate, consult, and be resourceful.
• A subject-matter expert – you possess significant knowledge in your functional area and areas that can impact your work. You ensure to keep updated with the most relevant developments in your space.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

The salary range for this role is $121,000 to $201,600 annually. Base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.

Posting Deadline: Posted until filled

A career at Vancity is more than just a job, you’re joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:

We offer:

• We are the largest private-sector Living Wage Employer in Canada and have been consistently recognized as one of the Top Employers in Canada.
• Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs.
• New employees receive between three to four weeks of vacation allowance per calendar year, and the number of vacation days grows.
• In addition to the 10 statutory holidays in British Columbia, Vancity provides an additional three statutory holidays. We offer care days for periods of short-term personal illness or emergency family illness.
• We have flex credits for our health care & dental benefits offer three levels of coverage for you to select from. These benefits will also be effective immediately based on your hire date.
• We understand that retirement means different things to different people and at Vancity we will offer you a Defined benefits pension plan that pays you a retirement income for life.

At Vancity we’re committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.

We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process, please reach out to our Talent Acquisition team at recruitment@vancity.com for confidential support. In-person assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.