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Specialist - Strategic Sourcing

Sun Life
NewPosted today

LOCATION

Gurugram · Onsite

EXPERIENCE

5+ Years

TYPE

FullTime

SKILLS REQUIRED

Strategic SourcingContract NegotiationSupplier Relationship ManagementRisk Management

Job description

Overview

Senior Sourcing Specialist (IT) supporting lower-spend tactical purchases for the Asia / Canadian business, Corporate and IT spend categories, managing relationships with key internal stakeholders and the execution of the sourcing process.

What you'll do

  • Support and manage the sourcing process for primarily high volume, low risk engagements, with a goal for prompt turnaround.
  • Lead clients through the sourcing process, including contract negotiations through to contract execution, risk and governance support and approvals.
  • Assess, define and resolve procurement issues, including contractual terms and conditions and escalations by internal stakeholders and suppliers.
  • Apply project management concepts to the planning and execution of the sourcing process.
  • Ensure all related governance processes and policies are adhered to and completed prior to final approval, so the acquisition is in the best interest of the company (legal, technical, financial, regulatory compliance).
  • Support clients on related governance requirements for their deal, including third party risk management, AML screening, financial viability, etc.
  • Focus on the continuous improvement of various procurement processes.

What you'll need

  • 5+ years relevant sourcing/procurement experience.
  • Hands-on experience with data collection, cleansing and data analysis.
  • Proven and extensive expertise leading sourcing initiatives, processes and developing strategies (e.g. deal management, contract review and negotiations).
  • Proven skills and ability to work with internal stakeholders to drive the process.
  • Comfort with ambiguity and uncertainty.
  • Familiarity with vendor contract language and SAP Ariba Contracts and Sourcing Modules.
  • Understanding of general procurement challenges and solutions.
  • Proven ability to work and align with internal legal counsel and other governance stakeholders such as IT security and compliance.

Nice to have

  • Effective client relationship management skills.
  • Financial analysis skills, including advanced Excel skills.
  • Confidence in ability to lead negotiations to conclusion.
  • Proven ability to work with internal legal counsel and other stakeholders such as security and compliance.
  • Drive for results and sense of urgency.
  • Excellent written and oral communication in English.
  • Experience creating project plans, managing to plans, communicating effectively and engaging necessary stakeholders in projects.
  • Makes good decisions based on a mixture of analysis, common sense, experience and good judgment.
  • Experience with SAP Ariba Contracts and Sourcing Modules.
  • Familiarity with third party risk for Financial Service Institutions.

Details

  • Role requires both independent contribution and team involvement.
  • Job category: Procurement.
  • Posting end date: 17/10/2026.

Read the full description and apply on the company’s own careers page.

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Specialist - Strategic Sourcing