Manager, Strategic Sourcing

RioCan

$106K — $146K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in commercial real estate, retail leasing, or revenue strategy roles.
  • Proven negotiation and contract management skills.
  • Strong written communication capabilities for diverse organizational levels.
  • University or college degree required.
  • Experience with landlords or in real estate is a plus.
  • Proficient in Microsoft Word, Excel, and Outlook.

Responsibilities

  • Develop and implement an ancillary revenue strategy aligned with company objectives.
  • Identify and assess new revenue opportunities across various portfolio sectors.
  • Lead negotiations and manage contracts with third-party vendors.
  • Collaborate with internal teams for seamless execution and compliance.
  • Track and report on ancillary revenue performance for strategic planning.
  • Maintain a pipeline of prospective partners and stay updated on industry trends.

Benefits

  • Extensive health and benefits program including dental and wellness accounts starting on day one.
  • Comprehensive retirement program with matching contributions and a pension plan.
  • Prioritized work/life balance with flexible hours and extra days off.
  • Opportunities for professional growth through various training and development programs.
  • Additional perks including paid time off, employee discounts, and community engagement initiatives.
Full Job Description
POSITION OVERVIEW:

The Manager, Strategic Sourcing is responsible for identifying, negotiating, and managing revenue-generating opportunities that complement RioCan's core leasing activities. This includes digital advertising, temporary leasing, sponsorships, telecommunications, and other non-traditional income streams. The role plays a critical part in maximizing the value of RioCan's retail and mixed-use portfolio by leveraging underutilized assets and enhancing tenant and customer experiences.

RESPONSIBILITIES:

  • Develop and execute a comprehensive ancillary revenue strategy aligned with RioCan's broader commercial objectives.
  • Identify and evaluate new revenue opportunities across the portfolio, including digital media, EV charging partnerships, pop-up activations, and telecom infrastructure.
  • Lead negotiations and manage contracts with third-party vendors and partners.
  • Collaborate with Leasing, Legal, Property Management, Marketing and Finance teams to ensure seamless execution and compliance.
  • Track and report on ancillary revenue performance, providing insights and forecasts to support budgeting and strategic planning.
  • Maintain a pipeline of prospective partners and stay current on industry trends and innovations.


QUALIFICATIONS:

  • 5+ years of experience in commercial real estate, retail leasing, or revenue strategy roles.
  • Proven negotiation and contract management skills.
  • Written communication abilities, capable of engaging effectively at all organizational levels.
  • University/ College Degree
  • Experience working with landlords or in a real estate environment is considered an asset.
  • Proficient in Microsoft Word, Excel, and Outlook.


$106,000 - $146,000 a year

The base salary range for this role reflects compensation for candidates at varying levels of experience and proficiency. The salary will be determined based on the successful candidate's relevant competencies, including skills, experience, education, and our teams' requirements.

The listed salary range does not include bonus and other total rewards. This role is eligible for participation in the company's bonus program.

This job posting is for a newly created role within our organization.

Why join RioCan?

We believe in rewarding you for what you do and investing in your career and long-term success. Our total rewards program is designed to help you thrive in every aspect of your life: physically, emotionally, financially, and socially. Here's what we offer:

An Extensive Health and Benefits Program that includes health and dental benefits starting on day one, healthcare and wellness/lifestyle spending accounts, access to an employee family and assistance program, virtual healthcare services, and other resources to support your overall well-being.

A Comprehensive Retirement Program to help prepare you for your future. This includes matching employee contributions in a retirement savings plan, pension plan,

and an employee unit purchase plan.

Work/Life Balance that prioritizes you. Enjoy flexible work hours, an extra-long weekend with our RioCan Cares Day, and half days before every long weekend in the summer.

Professional Growth and Development opportunities to advance your skills and grow your career through our continuing education reimbursement, mentorship and leadership development programs, on-demand online learning, and cross-functional training opportunities.

Additional Perks and Benefits that include paid time off, parental leave top-up, employee discounts, referral and recognition programs, and year-round opportunities to connect through community initiatives, committees, and social events.

If you share RioCan's values and a passion for real estate, we want to hear from you.

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