Canada Pension Plan Investment Board

Company Description

Make an impact at a global and dynamic investment organization

When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management organization that globally invests the funds of the Canada Pension Plan (CPP) to help ensure long-term sustainability. The CPP Fund is projected to reach $3 trillion by 2050. CPP Investments invests in all major asset classes, including public equity, private equity, real estate, infrastructure and fixed-income instruments, and is headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney. 

CPP Investments attracts and selects high-calibre individuals from top-tier institutions around the globe. Join our team and look forward to:

• Diverse and inspiring colleagues and approachable leaders
• Stimulating work in a fast-paced, intellectually challenging environment
• Accelerated exposure and responsibility
• Global career development opportunities
• Being motivated every day by CPP Investments’ important social purpose and unshakable principles
• A flexible/hybrid work environment combining in office collaboration and remote working
• A deeply rooted culture of Integrity, Partnership and High Performance

If you share a passion for performance, value a collegial and collaborative culture, and approach everything with the highest integrity, here’s an opportunity for you to invest your career at CPP Investments.

Job Description

The Managing Director - Vendor Management, Systems and Analytics is responsible for establishing, designing, operationalizing, and leading the CPP Investments’ multi-year target vendor management operating model which includes setting standard methodologies, policies, governance, processes and approaches for optimizing external spend and reducing third party risk. The Managing Director will also be responsible for detailed spend and risk reporting, while also leading a multi-year technology enablement strategy aimed at facilitating effective procurement strategies, category management, strategic sourcing processes and robust third-party performance management. The Managing Director will lead large sourcing initiatives in partnership with the business helping to develop requirements, negotiating complex deals, and ensuring our business partners are suitably prepared to manage the delivery and performance of the supplier.

The Managing Director will also oversee centralized team responsible for global vendor payments (operating, investment-related and employee travel and expenses) for CPP Investments in addition to overseeing the business application support for Oracle Financials and Workday Travel & Expense systems.

Who you'll work with:

• You will build strong relationships and partnerships with internal business units and existing teams to engage external supply markets and suppliers.

What you'll do:

• Support the Managing Director and Head of Corporate Services to build & implement structured, strategic procurement & risk functions that are aligned to CPP Investments’ financial goals, strategy, and customer service expectations that will help facilitate the efficient and effective procurement of annual spend for the enterprise (including but not limited to: external investment management fees, investment transaction costs, professional services, technology, and data services).
• Develop and implement opportunities to streamline processes (e.g. producing a contract negotiation approach and framework, working with legal to develop standard terms and conditions if appropriate, identifying and selecting new tools, application of AI, self-service, etc..)
• Support the Managing Director and Head of Corporate Services in the implementation of a structured, consistent procurement planning process to identify and deliver sustainable cost savings and operational efficiencies across all spend categories and effectively support and management of all external categories of expenditure in collaboration with category / budget owners
• Build a Third Party Risk Management Framework and associated risk appetite statements which align to CPP Investments’ existing risk management frameworks and domains
• Identify, enhance and develop new expense and accounting processes to support data integrity for financial, tax and regulatory reporting purposes. Drive process improvements within the team with a broad view of building scalable and efficient processes and controls taking into consideration industry best practices.
• Support the development and delivery of sourcing strategy and operating model, including full sourcing and supplier management lifecycle
• Capture business requirements from various internal partners and translating them into clear and concise supplier requirements
• Provide project leadership and key partners with decision-oriented and timely financial support, including strategic plans, budgets, forecasts, and analyses of current project cost and alternative support approaches
• Align business activities with CPP Investments’ financial reporting and analysis processes
• Identify ways to streamline and improve procurement processes, governance, risk management, enabling technologies and performance analytics.
• Develop benchmarks, assessment criteria of vendor performance and assist in evaluating vendors against expected delivery. Continually seek optimal value in service from vendors, initiating contract modifications, renewals, terminations and monitoring the contract pipeline
• Develop and maintain vendor relationships including tracking and analysis of vendor spend and performance
• Negotiate large vendor agreements and contracts
• Lead team of 11 expense operations professionals, 3 procurement managers and 3 systems and analytics specialists. Responsible for the management their skills, competency development and performance management
• Decide how the procurement function and processes should operate, be governed, be measured, reported on and communicated.
• Decide how to improve processes and procurement performance
• Make hiring decisions for direct reports and their teams

Qualifications

What you'll need:

• Bachelor’s degree in Business, Accounting, Finance or related field
• Procurement, Strategic Sourcing, Supply Chain Strategy (development and execution), Vendor Management, Accounting, Budgeting, Cost Management, Risk Management, Change Management
• 10+ years procurement and sourcing experience
• Proven experience in Change Management, Business Transformation & Risk Management including the ability to influence, facilitate and reinforce the changes and the value that a new Procurement function will introduce to CPP Investments’ across all levels
• Leadership experience in Vendor Management and Contract Lifecycle Management
• Proven ability to successfully apply project and change management tools and methods. Sound knowledge of procurement, strategic sourcing, market research, benchmarking, economic analysis, risk management, customer service, contracting and contract management principles aligned with the assigned service areas.
• Strong negotiation and influence skills with an ability to communicate professionally in tense situation and conflicts
• Solid customer and vendor relationship management and performance management skills including the development Performance Metrics and KPI’s.
• Experience with managing and leading a team
• Experience of implementing P2P or S2C system solutions
• Excellent writing and presentation skills with experience in business and change management process development
• Excellent analytical skills including the ability to understand complexity and related data/information
• Excellent computer and financial application skills
• Ability to communicate and influence well with a variety of audiences (and levels), internally and externally
• Align and coordinate with other teams to ensure and coordinate cross-business processes
• Champion of new ideas and new ways of doing things
• Use astute judgement to solve problems
• Promote a culture of accountability and performance

Additional Information

Visit our LinkedIn Career Page or Follow us on LinkedIn. #LI-PM1

At CPP Investments, we are committed to diversity and equitable access to employment opportunities based on ability.

We thank all applicants for their interest but will only contact candidates selected to advance in the hiring process. 

Our Commitment to Inclusion and Diversity:

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know and we will work with you to meet your needs.

Disclaimer:

CPP Investments does not accept resumes from employment placement agencies, head-hunters or recruitment suppliers that are not in a formal contractual arrangement with us. Our recruitment supplier arrangements are restricted to specific hiring needs and do not include this or other web-site job postings. Any resume or other information received from a supplier not approved by CPP Investments to provide resumes to this posting or web-site will be considered unsolicited and will not be considered. CPP Investments will not pay any referral, placement or other fee for the supply of such unsolicited resumes or information.