Procurement Sourcing Specialist

The Procurement Sourcing Specialist is expected to drive and support global sourcing and contracting events in the low impact stream of Manulife’s indirect spend categories including but not limited to, Marketing, Real Estate, IT, (either or all of Hardware, Software, SaaS, Telecom) HR, Office Supplies, Business Print, and Professional Services.

Key Responsibilities:

• Manage sourcing initiatives assigned for low spend deals, ensuring timelines are met while maintaining the integrity and quality of the Intake to Contracting (I2C) process.
• Establish and maintain collaborative relationships with business unit owners, procurement onshore partners and vendors.
• Conduct negotiations to secure deals that drive savings and meet business requirements.
• Ensure compliance with internal procurement policies and standards and manage the work intake tools (Ivalua).
• Maintain engagement with Category Managers/Tower Leads to share best practices and align with category strategies.
• Review and negotiate vendor contracts with vendors, stakeholders, and subject matter experts.
• Coordinate with functional subject matter experts such as Risk, Legal, Finance, and Tax to ensure compliance with company standards.
• Support business units understanding of procurement processes, policies, and systems.
• Drive efficiencies and reduce the cycle time of assigned deals to improve internal stakeholder satisfaction and user experience.

Required Qualifications:

• At least 5 years of relevant experience in Procurement
• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.
• Proficiency in procurement systems such as Ivalua.
• Must be willing to report on a hybrid work arrangement in Quezon City

Preferred Qualifications:

• Proven experience in procurement, strategic sourcing, and supplier management.
• Strong negotiation skills and the ability to drive cost-saving initiatives.
• Excellent communication and interpersonal skills to effectively collaborate with internal stakeholders and external suppliers.
• Analytical skills to perform detailed cost analysis and market research.
• Proficiency in procurement systems such as Ivalua.
• Ability to manage multiple projects and prioritize tasks effectively
• Attentive to details, and can work efficiently under minimal supervision

When you join our team:

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.