Qualifications
Responsibilities
Benefits
Application Deadline:
Address:
100 King Street WestJob Family Group:
Role Summary
The Director, Vendor Management Office (VMO) is a seasoned,enterpriselevelleader who provides strategic oversight and direction for a complex portfolio of vendors supporting People, Culture and Brand. The role is accountable for building and leading a mature Vendor Management Office with strong governance, controls, and discipline aligned to enterprise directives, regulatory expectations, and bank operating procedures, while enabling the team to executedaytodayvendor management effectively.
This roleoperatesas a senior strategic partner and trusted advisor to executives, influencing not only vendor outcomes but enterprise vendor management processes,decisionmaking, andlongtermstrategy. The Director works closely with senior leaders to more effectivelyleveragevendors to deliver business value, reduce risk, and achieve sustainable cost savings over time.
Key Accountabilities
Sets the strategic direction for the People, Culture and Brand Vendor Management Office, ensuring the program balances strong governance and controls with flexibility, partnership, and commercial effectiveness, while empowering the team to manage vendorsdaytoday.
Oversees and develops the strategy for key material outsourcing vendors within People and Culture, ensuring adherence to Bank requirements whileoptimizingcontract and service outcomes.
Oversees the effective and consistent execution of vendor management program components through the team, including governance forums, risk oversight, and contract management.
Partners closely with senior executives and accountable business leaders to influence and shape strategic vendor roadmaps, helping leaders align vendor strategies to evolving business needs andlongertermenterprise priorities.
Acts as a trusted advisor and thought partner to senior leaders, supporting the development of business cases, providing insight and constructive challenge, andsupporting executives in decisions thatoptimizevendor spend, reduce enterprise risk, and unlockadditionalvalue from vendor relationships.
Leads, delegates,and guides strategic vendor negotiations with a focus on achieving the best overall outcomes for the organizationbalancing commercial value, flexibility, optionality,longtermstrategic alignment, and risk.
Influences and works collaboratively with enterprise partners such as Procurement, Risk, Legal, Finance, and the business to improve vendor management processes, governance, and outcomes at an enterprise level, with theobjectiveof reducing friction, strengthening controls, and increasing organizational effectiveness.
Leadership Expectations
Leads and develops ahighperformingteam of experienced vendor management professionals,establishingclear accountability, priorities, and standards while enabling autonomy and sound judgment.
Builds a strong, inclusive, and engaged team culture focused on continuous improvement, enterprise partnership, and delivery oflongtermvalue.
Models a leadership style aligned to BMO purpose and values, using influence, credibility, and relationships to drive outcomes rather than positional authority.
Qualifications
Extensive experienceoperatingat a senior director level within a large, complex, and regulated organization, with a demonstrated ability to influence executives, shape enterprise processes, and deliver strategic vendor, risk, and commercial outcomes through strong leadership and partnership.
Salary:
Pay Type:
The above represents BMO Financial Grouppay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Groupexpected target for the first year in this position.
BMO Financial Grouptotal compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
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