Procurement and Sourcing Advisor - Information Technology

Location: Montreal, Quebec

Employee Status: Permanent

Schedule: Full time

Education: Bachelor's Degree

Job Description

Fairstone is Canada’s leading non-bank provider of responsible lending solutions. With roots in Canada since 1923 and over 200 branches coast to coast, Fairstone provides personal loans and home equity loans designed to suit today’s borrowing needs. Fairstone also partners with a wide network of businesses to deliver flexible consumer financing programs. Fairstone is proud to make a difference in the communities where we live and work, because community matters.

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Reporting to the Procurement and Sourcing Manager, the incumbent is responsible for managing contracts related to technology and purchasing goods and IT services. As such, the candidate will be responsible for accrediting firms, tendering, negotiating contracts, renewing them, evaluating and retaining vendorsThe incumbent also participates in producing the vendor management sector accountability (performance measurement indicators, product and service catalog, dashboards, etc.)

Main Responsibilities

▪Is considered as an expert in his / her field within the Performance IT group;
▪Participates in the accreditation of vendors and ensures the evolution of the framework agreements;
▪Organizes and assist day-to-day contract management activities and ensures the proper execution of the work;
▪Performs and assist in managing RFP’s
▪Negotiates in partnership with approved vendors;
▪Coordinates negotiation of contractual aspects with vendors and participates in the drafting of contracts;
▪Prepares purchase orders and coordinates authorization;
▪Maintain over sight of assigned agreement
▪Is responsible for monitoring penalty calculations and disputes and participates in their settlement;
▪Maintains up-to-date policies, procedures and processes for the management of contracts and supplies
▪Maintains and evolves work systems and tools to adequately manage all contracts and supplies of IT assets;
▪Is responsible for the execution of activities related to the procurement Participates in the development, implementation and evolution of IT performance measurement (KPI) indicators;
▪Coordinates the updating and development of dashboards, participates in data collection and publication;
▪Participates in the creation and maintenance of product and service catalogs;

Job Related Communications

As part of his duties, the incumbent conducts planned communications with various IT clients and organizes regular communications with key vendors and all business units. Also the candidate will help create an environment that fosters collaboration and cohesion and collaboration with all sectors.

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.

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Job Qualifications

▪Bachelor's Degree in Administration, Finance or Computer Science
▪Minimum of five (5) years of relevant experience, including (3) contract management in a similar position in the information technology field.
▪Organizational skills, ability to tackle multiple complex task at once
▪Ability to work autonomously and self-reliantly while having strong teamwork skills.
▪Excellent communication skills of English and French languages, both spoken and written
▪Proficiency in Excel, Word, Access, Workday and SharePoint


▪Ability to maintain harmonious interpersonal relationships with all levels of the organization and vendors;
▪Excellent drafting and communication skills;
▪Ability to negociate;
▪Good judgment, analytical and decision-making skills;
▪Ability to work independently.
▪Ability to multi-task with strong attention to detail.