Director, Procurement

About Us:

With $295.0 billion of gross assets under management, as of March 31, 2025, British Columbia Investment Management Corporation (BCI) is the provider of investment management services for British Columbia’s public sector and one of the largest asset managers in Canada. BCI seeks investment opportunities around the world and across a range of asset classes that convert savings into productive capital. Our investment returns play a significant role in helping our institutional clients build a financially secure future for their beneficiaries.

Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, London, and Mumbai.

BCI integrates environmental, social, and governance (ESG) factors into all investment decisions to meet clients' risk and return requirements. Our people shape employee-focused initiatives, creating a strong culture. To learn more about our culture and values, visit our BCI Values in Action page.

POSTING CLOSE DATE: Open Until Filled 

The Opportunity

Reporting to Vice President, Finance, the Director, Procurement leads BCI's procurement function through a period of significant evolution, driving organizational value through modern sourcing strategies and enhanced supplier partnerships.  

The Director serves as a trusted strategic advisor to all departments while applying cost rigor and discipline to procurement activities. Working closely with the Financial Planning & Analysis and Corporate Accounting teams, the Director ensures an integrated source-to-pay approach across BCI.  

This role offers the opportunity to shape Procurement's future by implementing technology solutions that streamline workflows and provide data for strategic decision-making, while leading organizational change that strengthens collaboration across BCI. As a member of the Finance leadership team, the Director influences departmental and organizational strategy while ensuring operational excellence. 

Who You Will Work With

The Finance department is part of BCI Operations and is responsible for investment and corporate accounting, valuations, as well as financial statements and financial reporting to our clients. The team also leads BCI’s budgeting process, tax structuring and tax compliance, finance client engagement, finance operations, procurement and performance measurement and analytics. Finance strives to effectively and efficiently support the execution of BCI’s corporate objectives and value creation for our clients. 

Procurement is responsible for the sourcing, contracting, and management of our third-party vendors who provide goods and services in alignment with BCI's values. Working with our internal business partners and vendors, the Procurement department serves as a trusted advisor in sourcing, contracting, and managing third-party suppliers, ensuring all goods and services align with BCI's values while delivering timely market intelligence and strategic spend analysis.  

What You Bring

Must Have

• Bachelor’s degree in business, supply chain management, or related field; equivalent combination of education and experience may be considered 
• Professional procurement designation – SCMP or equivalent certification demonstrating expertise in strategic sourcing and modern procurement practices 
• A minimum of 10 years of experience in procurement and vendor management, with exposure to public sector procurement, including knowledge of government procurement regulations and compliance requirements 
• Minimum 5 years in a director-level or equivalent procurement role 
• Experience developing and executing strategic procurement plans that align with organizational objectives 
• Leadership experience building and developing high-performing teams 
• Demonstrated experience leading the resolution of complex supply chain management issues for professional services, systems, and technology, evaluating options, and recommending solutions, taking into consideration value, risk, and business goals 
• Proven track record managing key internal and external stakeholder relationships at senior levels 
• Strong communication skills and influencing skills, including ability to handle crucial conversations with executives 
• Experience driving organizational change and setting strategic direction 
• Demonstrated integrity and ability to manage confidential situations and potential conflicts of interest 

Preferred

• Experience with procurement policy development, vendor management, risk management, conflict resolution, financial controls, cost management, budget development and contract law  
• Proven change leadership driving organizational transformation through procurement modernization, including building team capabilities, managing stakeholder resistance, and embedding new processes across the enterprise  
• Experience leading cross-functional teams through Procure-to-Pay (P2P) system implementations, spend analytics deployments, and process digitization while ensuring adoption and cultural change  
• Exposure to the investment industry 
• Exposure to government procurement practices and trade agreements 

What You Will Do

Team Leadership And Development

• Provides leadership and direction in the management of effective procurement programs at BCI, including building, leading, and coaching the Procurement team through transformation and modernization initiatives  
• Identifies and ensures delivery of relevant training and information for employees and contractors, with focus on developing team capabilities for new technologies and managing organizational change 

Strategic Procurement Leadership

• Designs and executes an organizational procurement strategy to deliver enhanced benefits and value to the customer/end user and to support service delivery aims 
• Ensures that organizational procurement policies, key processes and controls deliver efficient and effective procurement practices that meet business needs 
• Recommends the most appropriate, cost-effective, and efficient method for the short term and long-term procurement of goods and services, taking into consideration internal processes, trade agreements, ethics, and legal obligations 
• As a member of the Finance department leadership team, influences and supports department and organizational strategy and engagement 

Procurement Transformation And Digital Evolution

• Identifies opportunities and leads implementation of enhancements to procurement practices, systems, and delivery model, including P2P systems, spend analytics, and workflow automation  
• Collaborates with Legal Affairs and Technology in optimizing the procure-to-pay process and associated workflows, ensuring successful adoption through change management  
• Drives organizational transformation by modernizing procurement practices through data-driven decision making, process digitization, and cultural change initiatives 

Vendor And Risk Management

• Establishes a vendor management approach that supports the business with their supplier relationships, actively monitors and mitigates supplier risk, maintains satisfaction with key vendors, and realizes cost savings where possible 
• Identifies and manages commercial, contractual, operational, financial, reputational, ethical and supply chain risks 
• Works collaboratively with the legal team on contract and legal requirements and interpretations 

Stakeholder Engagement And Performance Management

• Builds trust, maintains strong relationships, and communicates clearly and effectively with key internal and external stakeholders, including executives 
• Proactively and thoughtfully provides solutions and addresses concerns by stakeholders relating to procurement activities and decisions 
• Maintains relationships with procurement associations, colleagues, and peers to provide market insights on procurement best practices 
• Establishes performance standards and evaluation processes to assess/report on procurement activity in terms of progress, results, satisfaction, value, and cost 

Where You Will Work

This role will be based in our office in downtown Victoria, BC. 

Salary Range

The annualized base salary range for this Victoria-based role is CAD $148,000 - $176,000. 

BCI offers a competitive total rewards package, including a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan, and paid time off. We pay our people competitively in the markets in which we operate and with consideration for internal equity and job structure. The base salary will consider factors such as the individual's skill set, experience, and internal equity. We aim for actual pay to be around the market median for expected performance and the upper quartile for excellent performance. Actual salaries may vary based on experience and expertise.

Next Steps:

To apply online, please submit your resume promptly. Applications will be actively reviewed, and those selected for an interview will be contacted. We welcome all qualified candidates who are legally authorized to work in the country where this job is located. If you do not have authorization, or if your work permit has restrictions or is due to expire within 12 months, please inform our recruitment team if shortlisted.

At BCI, we value diversity and foster an inclusive culture where all employees can thrive. We are performance and client-focused, valuing integrity, and we want to know you if you share these values. We recognize that some skills can be learned on the job and encourage everyone to apply. If you require accommodations for the recruitment process, such as alternate formats of materials or accessible meeting rooms, please contact us at hr@bci.ca.

To learn more about working with BCI, including our comprehensive benefits packages, our commitment to equity, diversity and inclusion and the recruitment process visit our BCI Careers Page.

BCI does not accept unsolicited resumes or candidate submissions from third-party recruitment agencies, executive search firms, or staffing suppliers unless they have an existing contractual agreement with our organization. Our approved vendor relationships are established for particular recruitment requirements and do not extend to general job postings on our website or other platforms. Any candidate information or resumes submitted by suppliers not approved by BCI will be deemed unsolicited and will not be reviewed or considered. BCI will not be liable for any fees, commissions, or charges related to unsolicited candidate submissions or recruitment services.