Director, Vendor Management Office (Toronto)

Application Deadline:07/31/2026Address:100 King Street WestJob Family Group:ProcurementRole Summary The Director, Vendor Management Office (VMO) is a seasoned, enterprise‑level leader 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 execute day‑to‑day vendor management effectively. This role operates as a senior strategic partner and trusted advisor to executives, influencing not only vendor outcomes but enterprise vendor management processes, decision‑making, and long‑term strategy. The Director works closely with senior leaders to more effectively leverage vendors 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 vendors day‑to‑day. Oversees and develops the strategy for key material outsourcing vendors within People and Culture, ensuring adherence to Bank requirements while optimizing contract 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 and longer‑term enterprise priorities. Acts as a trusted advisor and thought partner to senior leaders, supporting the development of business cases, providing insight and constructive challenge, and supporting executives in decisions that optimize vendor spend, reduce enterprise risk, and unlock additional value from vendor relationships. Leads, delegates, and guides strategic vendor negotiations with a focus on achieving the best overall outcomes for the organization—balancing commercial value, flexibility, optionality, long‑term strategic 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 the objective of reducing friction, strengthening controls, and increasing organizational effectiveness. Leadership Expectations Leads and develops a high‑performing team of experienced vendor management professionals, establishing clear 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 of long‑term value. Models a leadership style aligned to BMO purpose and values, using influence, credibility, and relationships to drive outcomes rather than positional authority. Qualifications Extensive experience operating at 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:$110,500.00 - $192,500.00Pay Type: SalariedThe 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: About UsAt BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.To find out more visit us at .BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.SummaryLocation: Toronto, ON, CANType: Full time