Bank of Montreal

Sourcing Associate-Marketing Category

Bank of Montreal$55K — $120K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-6 years in sourcing or marketing roles involving vendor management and procurement.
  • Experience in marketing category sourcing is a plus.
  • Strong communication and collaborative skills.
  • Ability to analyze data and make informed recommendations.
  • Experience managing sourcing initiatives including negotiations and supplier contracts.
  • Proficiency in Excel and data synthesis for actionable insights.

Responsibilities

  • Build relationships with Marketing stakeholders to understand business needs.
  • Provide sourcing guidance, translating requirements into actionable strategies.
  • Communicate sourcing recommendations and outcomes to stakeholders.
  • Manage sourcing initiatives through RFIs, RFPs, and negotiations with moderate independence.
  • Conduct market assessments and supplier evaluations to highlight opportunities.
  • Develop accurate project reporting and maintain stakeholder communication.
  • Create value and manage supplier risk through collaborative efforts.

Benefits

  • Health insurance coverage for employees.
  • Tuition reimbursement for professional development.
  • Accident and life insurance for financial protection.
  • Retirement savings plans to aid in long-term financial planning.
  • Performance-based incentives and discretionary bonuses.
Full Job Description
Application Deadline:

09/25/2026

Address:
250 Yonge Street

Job Family Group:

Procurement

We're looking for a curious, relationship-focused and analytical individual who is excited to support Marketing category initiatives. Supporting the Marketing category across BMO, the Sourcing Associate leads sourcing activities and negotiations, acts as a trusted advisor to stakeholders on project deliverables, analyzes financial and supplier risk considerations, and applies category and market knowledge to deliver value, manage cost and reduce supplier risk.
Who You Are
  • You communicate clearly, both in conversation and in writing.
  • You are curious, adaptable and comfortable working through ambiguity.
  • You build relationships easily and enjoy solving business problems with others.
  • You are organized, analytical and able to manage several priorities at once.
  • You take ownership, exercise sound judgment and know when to engage others for guidance.
  • You have a growth mindset and are motivated to deepen your strategic sourcing and Marketing category knowledge.
  • You use data and research to form a point of view and make practical recommendations.
What You'll Do
Business Partnership & Advisory
  • Build relationships with Marketing stakeholders and develop an understanding of their business needs, priorities and expectations.
  • Provide practical sourcing advice and guidance, translating business requirements into clear sourcing approaches and recommendations.
  • Communicate recommendations, decisions, risks and results clearly to stakeholders and leaders.
  • Support the planning and implementation of sourcing and operational initiatives across the Marketing portfolio.
Sourcing Strategy & Execution
  • Manage sourcing initiatives across the lifecycle with moderate independence, including RFIs, RFPs, supplier evaluations, contract support, negotiations and renewals.
  • Work with stakeholders and category leaders to identify sourcing opportunities and develop supplier selection approaches and negotiation strategies.
  • Conduct market assessments, supplier research and spend analysis to identify opportunities, preferred suppliers and relevant market trends.
  • Develop project plans, maintain accurate and current project reporting, and keep key stakeholders informed of progress, decisions and issues.
  • Manage multiple sourcing projects at the same time, balancing competing priorities and resolving issues within established guidelines.
  • Apply disciplined procurement methodologies, systems and policies throughout the sourcing lifecycle.
Supplier Value & Risk
  • Work with suppliers and internal stakeholders to create value, identify savings, improve commercial outcomes and support innovation.
  • Incorporate applicable Supplier Risk requirements into sourcing activities.
  • Support due diligence and contract development in collaboration with Legal, Risk and other control partners, as required.
  • Use market knowledge and supplier insights to inform recommendations and strengthen commercial decisions.
Data-Driven Insights & Continuous Improvement
  • Conduct analysis and develop business cases, insights and recommendations aligned with project and category objectives.
  • Use Excel, sourcing systems, reports and dashboards to track project progress, pipeline, performance measures and opportunities.
  • Synthesize information from multiple sources and turn it into clear, actionable recommendations.
  • Stay current on procurement practices, sourcing methodologies and Marketing supply-market trends.
  • Bring a continuous-improvement mindset by identifying better ways to work, strengthening sourcing practices and supporting change initiatives.
Qualifications & Experience
  • 3-6 years of relevant experience in sourcing and related roles (incl. supply chain, vendor management, contract negotiation, procurement, etc.) and/or marketing roles with experience working with external vendors, with a post-secondary degree in a related field of study or an equivalent combination of education and experience.
  • Marketing category or marketing services sourcing experience is an asset.
  • Strong verbal and written communication, collaboration, influence, analytical and problem-solving skills.
  • Comfort using data to make recommendations and working with moderate independence on sourcing projects, while seeking guidance when needed.
  • Experience managing initiatives, including projects such as competitive events and supplier contract negotiations.
  • Proficiency in negotiation, opportunity analysis, contract support and project delivery.
  • Excel and spreadsheet analysis skills, with the ability to synthesize data and draw actionable insights.
  • Financial services, financial management or cost management is an asset.


Salary:

$55,500.00 - $120,000.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay 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 Group's expected target for the first year in this position.

BMO Financial Group's total 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

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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