- Salary
- $95k – $115k
- Location
- LOC0005-A_Toronto Corporate Office, Canada
- Type
- Full-time
- Seniority
- Manager
- Education
- Master
- Source
- Workday
Description
Who we are:
Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.
Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.
Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank.
Home Trust: Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people.
Join Home Trust as a Sr Manager, Strategic Sourcing (Fixed Term), reporting to Director, Strategic Sourcing and Vendor Management, and be part of our talented and growing team!
About the role:
As a Senior Manager, Strategic Sourcing (Fixed Term), you will play a key leadership role in shaping how the organization partners with suppliers, manages third‑party risk, and drives value across the enterprise. You will lead strategic procurement initiatives, influence high‑impact decisions, and act as a trusted advisor to business, technology, legal, and risk teams.
This role offers the opportunity to own a critical vendor portfolio, elevate procurement excellence, and help build a collaborative, high‑performing sourcing function within a regulated financial services environment.
- Lead enterprise‑level strategic sourcing initiatives, from category strategy and market analysis through supplier selection, negotiation, and contract award.
- Develop and execute category and sourcing strategies that optimize total cost of ownership, manage risk, and support business priorities.
- Design and lead competitive sourcing and RFP processes, including evaluation frameworks and executive‑ready recommendations.
- Serve as a hands‑on practitioner, with the ability to read, interpret, draft, and materially edit complex commercial contracts to safeguard the Company.
- Negotiate complex, high‑value supplier agreements, applying strong commercial judgment and balancing value, risk, and operational considerations.
- Act as a trusted advisor to senior stakeholders on sourcing options, supplier trade‑offs, and commercial decision‑making.
- Oversee sourcing‑related vendor onboarding, due diligence, and B‑10 contract assessments as part of an integrated sourcing strategy.
- Identify and drive cost‑saving and value‑creation opportunities, tracking benefits across the life of supplier agreements.
- Coach and mentor team members and stakeholders on strategic sourcing methodologies and negotiation best practices, fostering a continuous improvement mindset.
What we are looking for:
- Bachelor’s degree in Business, Procurement, Supply Chain, or a related field (or equivalent experience). MBa would be an asset.
- 8–10+ years of progressive experience in strategic sourcing, procurement, contract management, or vendor management.
- Experience in financial services or a regulated industry is an asset.
- Strong commercial and negotiation skills, with sound judgment in assessing risk, value, and business impact.
- Proven ability to influence senior stakeholders and work effectively across business, legal, technology, and risk teams.
What you’ll love about working here:
- Award-Winning Culture: We’re proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal’s Top Employers 2025 by Canada’s Top 100 Employers.
- Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.
- Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
- Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.
- Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
- Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.
- Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
- On-Site Fitness: Gym access at our London and Montreal offices.
- Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.
- Family Support: Parental leave top-up program to help you during life’s big moments.
- Community Impact: One paid volunteer day to give back to causes that matter to you.
- For more information on who we are as an employer click here.
What you can expect - pay & process:
- Expected base salary range is $95,000 - $115,000 , plus the opportunity to earn an annual incentive bonus tied to performance.
- This posting is for an existing vacancy within our organization.
- Artificial intelligence may be used in parts of the recruitment process.
- All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.
If what you read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for first stages of the interview process.
Learn more: https://www.fairstone.ca/en/about/canadian-lender
Follow us on LinkedIn: https://www.linkedin.com/company/fairstone/mycompany/
If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.
Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.
Time Type:
Full time
