We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. 

Working Arrangement

Hybrid

Job Description

Are you looking for a supportive and collaborative workplace with great benefits and clear career development? You’ve come to the right place.

Why choose Manulife?

Competitive Salary packages and performance bonusesDay 1 HMO + FREE coverage for your dependents (inclusive of same-sex partners)Retirement savings benefitRewarding culture that values wellness and well-beingPerformance BonusGlobal network of industry expertsExtensive training resources

Job Description:

We're looking for a Procurement Sourcing Specialist  to join our MBPS Procurement COE Team . You will be responsible for driving and supporting global sourcing and contracting events in the low impact stream of Manulife’s indirect spend categories. In this specialist role, you are vital in maintaining the relationship between Manulife and its third-party vendors during the course of the end-to-end procurement process, as well in supporting the Category Managers in-line with the “Buy Better” strategy of the Procurement organization.

Have the skills and knowledge for the job? Learn more about the opening below!

Qualifications:

Bachelor’s degree in Business, Finance, Information Technology, Engineering, or other related disciplinesMinimum 3 years of experience in Procurement and Supply Chain, preferably in the shared services industryStrong communication skills and task management skillsAdequate experience in the execution of sourcing, negotiation and contracting processFamiliarity with e-Sourcing tools and strategies to maximize savingsFamiliarity with North American contracts including main clauses required for specific types of agreement, Statement of Work, Project Requirements, and ExhibitsComfortable working with legal and risk subject matter expertsKnowledge of Procurement or Finance applications and systems, databases and reporting tools allowing for high level spend assessment and analyticsStrong PC skills and proficiency with MS excel, Word, Powerpoint, etc.Familiarity with project management processes and systemsExperience within real estate, facilities, marketing and/or human resources is an advantageAttentive to details, innovative and result drivenOperates in a professional and ethical manner with customers and vendorsAmenable to work on a night shift schedule

   

Key Responsibilities:

   

Sourcing

Support and / or lead sourcing initiatives in accordance with business requirements within aggressive timelines while ensuring the integrity of the bidding processEstablish and maintain a collaborative relationship with third party vendorsConduct negotiations and secure deals that drive savings, meet and fulfill business requirementsEnsure projects are conducted in compliance with internal procurement policiesManage the mailbox and work intake tools to ensure timely resolution of stakeholder queries and concerns; accurate documentation of project development; and prompt communication of relevant issues and updates with business partners   

Strategy and Planning

Perform detailed analysis of spend, contract terms and conditionsDrive and champion established procurement strategies for each sourcing event in accordance with their respective spend categories.Maintain a mutually beneficial engagement with Category Managers to allow for sharing of best practices and ensure alignment with category strategiesCoordinate with functional subject matter experts such as Risk, Legal, Finance, and Tax to ensure compliance with the company’s standards from a contractual standpointMonitor market trends, competitor strategies and market suppliers for the respective categorySupport business unit clients’ understanding of procurement processes, policies, and systems

   

  

 Work with our global team of experts. Apply to join MBPS today!

   

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. 

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 Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.