Sourcing Specialist - Procurement COE at Sun Life

Gurgaon, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

24 Jan, 26

Salary

0.0

Posted On

26 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing, Procurement, Contract Negotiation, Stakeholder Management, Risk Management, Governance, Project Management, Financial Analysis, Communication, SAP Ariba, Vendor Management, Continuous Improvement, Decision Making, Client Relationship Management, Ambiguity Management, Team Collaboration

Industry

Financial Services

Description

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world. Job Description: Job Description • Provide sourcing value within Procurement COE for the Canadian business, Corporate, and IT spend categories (including, but not limited to, group insurance and operations services, consulting, human resources, marketing, communications, finance services, Software, IT Services, IT Hardware/Products). • Identify and manage relationships with key internal stakeholders. • Manages the execution of the sourcing process. • Support clients on related governance requirements for their deal, including third party risk management, AML screening, financial viability, etc • Focuses on the continuous improvement of various procurement processes. Role Summary: 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, but not limited to, 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/policies are adhered to and completed prior to final approval to ensure the acquisition is done in the best interest of the company (legal, technical, financial, regulatory compliance). What you need to succeed: 3+ years relevant sourcing/procurement experience. Proven and extensive expertise leading sourcing initiatives, processes and developing strategies (i.e. deal management, contract review and negotiations etc.) Proven skills and ability to work with internal stakeholders to drive the process Comfort with ambiguity and uncertainty Familiarity with vendor contract language, 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, compliance, etc. Preferred skills: Effective client relationship management skills are critical in this role. Requires comfort with ambiguity and uncertainty. Financial Analysis skills, included 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. Role will require both independent contribution as well as team involvement. Demonstrates a drive for results and sense of urgency. Excellent communicator - both written and oral communication in English. Must have experience creating project plans, managing to plans, communicating effectively and engaging necessary stakeholders in projects as required. Makes good decisions based upon a mixture of analysis, common sense wisdom, experience and good judgment. Assets: Experience with SAP Ariba Contracts and Sourcing Modules. Familiarity with third party risk for Financial Service Institutions. Job Category: Procurement Posting End Date: 29/10/2025 Shine together At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed. Make life brighter We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world. Shape the future With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter. Join a top employer for a brighter future. Visit Sun Life Careers

Responsibilities

Support and manage the sourcing process for high volume low risk engagements, ensuring prompt turnaround. Lead clients through the sourcing process, including contract negotiations and risk governance support.