Contract Specialist –Corporate Operation

  • Contract
  • Toronto
  • Posted 2 weeks ago

VTRAC Consulting Corporation

Thank you for applying to VTRAC opportunities. Please e-mail your resume as a MS-WORD document in confidence Subject: Contract Specialist- Corporate Operation, No.: 8306 Attention: or call: 416-366-2600×236

Position No.:                      8306

Title:                                    Contract Specialist –Corporate Operation

Type:                                  Contract (12 Months)

No. of Positions:               1

Location:                            Toronto


A great opportunity to work for one of Canada’s largest financial institutions and driving contracts to complete basic operations and day to day functions.

The Assignment Manager is looking for a Contract specialist within the Corporate Sourcing team, and will focus primarily on spend categories to support the Real Estate and Operations clients while working for example with design/furniture/signage/couriers/armored vehicles/general equipment suppliers.


  • Development and presentation of sourcing strategy recommendations as part of advisory service to clients based on their business requirements and industry analysis.
  • Definition and solution of problems/issues in a creative or innovative way when clients’ needs / requests projects are presented in a general or ambiguous manner.
  • Development, negotiation, execution and implementation of complex sourcing initiatives (including developing requests for proposals and other selection and supplier evaluation tools), while ensuring that risks are mitigated, and regulatory requirements & policies are adhered to.
  • Participate in the enhancement or recommendation of changes to the operating practices and processes within Sourcing to improve requirements planning, procurement and supplier management processes.
  • Execution and implementation of complex sourcing initiatives within the relevant expenditure categories.
  • Successful development of agreement content in partnership with a legal resource.
  • Leadership in negotiation strategy alignment and contract negotiations, as well as securing of authorizations for agreement execution.
  • Discussion and negotiation of complex issues and requirements with senior management.
  • Working with Supplier Relationship Manager and Business Lead to ensure supplier management framework is implemented for high risk or high spend supplier under the scope of responsibility.

Must Have Technical Skills:

  • Experience in drafting various contract schedules (e.g., Scope of Work, SLA, etc.)
  • Past experience in this role is a must have.
  • Experience negotiating MSAs
  • Experience with A request for quotation (RFQ)
  • Experience with A request for proposal (RFP)
  • Proficient in MS Office.
  • Strong oral and written communication and influencing skills with appropriate business acumen.
  • Track record of effective partnering with internal lines of business and supplier organizations
  • Proven successful negotiation skills.
  • Experienced in developing negotiation philosophy, strategy and approach; lead negotiation team
  • Able to prepare team for moderately complex negotiation
  • Participates in negotiation strategy formulation and execution
  • Apply fact-based negotiation principles and tactics
  • Strong leadership and stakeholder management skills.
  • Strong economic and financial analysis skills.
  • Working knowledge and ability to articulate and negotiate common contractual terms and conditions.
  • Business degree and/or recognized professional designation (e.g. PMAC or equivalent and extensive knowledge of the financial & technology services industry)

Nice to have:

  • Legal Experience

We thank all candidates in advance. Only selected candidates for interviews will be contacted. For other exciting opportunities, please visit us at VTRAC is an equal opportunity employer.

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