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Manager, Business Management - Vendor Management

Toronto, ON
In-person
Full-time
Experienced
Company Benefits
Paid Time Off
Posted 16 days ago

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Business Management, Strategy & Support

Pay Details:

14 - 14 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Job Description:

As the Manager, Vendor Management for FIU Canada Operational Excellence, you'll play a pivotal role and have a comprehensive mandate covering vendor management oversight.

Role is pivotal in managing both ongoing large-scale vendor engagements and facilitating new ones. You'll navigate the intricate landscape of internal and external stakeholders, ensuring seamless collaboration and alignment with organizational goals. Acting as the primary liaison to the Strategic Sourcing Group, you'll orchestrate the procurement process with finesse, leveraging your expertise to negotiate contracts, optimize vendor relationships, and mitigate risks effectively. Your strategic vision and proactive approach will drive operational excellence, fostering trust and confidence in vendor partnerships while fortifying the organization's resilience against financial crimes.

Key Accountabilities:

  • Ongoing Budget Management for Vendors: Monitor budget performance, identify variances, and provide regular updates to the Senior Manager. Implement corrective actions as needed to ensure financial goals are met.
  • Vendor Management: Manages Third Party Business Arrangements through all stages of the Third-Party Management Lifecycle (TPML), in alignment with relevant frameworks, policies and standards.
  • Relationship Management: Role may act as the Lead Vendor Manager supporting the Accountable Executive that owns TD's relationship with the Third Party.

Education & Experience:

  • Undergraduate degree
  • 5+ years relevant experience

Preferred Qualifications:

  • Advanced knowledge of Vendor Management, Business Arrangements, Third-Party Management Lifecycle (TPML) framework/principles, policies and procedures, systems, products/services, product research, assessment & reporting, competitive intelligence, negotiation tactics, regulatory and/or governance requirements.
  • Financial Acumen: Understanding of financial principles, budgeting, forecasting, and financial analysis.
  • Knowledge of current and emerging competitor and market trends.
  • Knowledge of Risk Management environment, standards and regulations.
  • Knowledge of budgetary management principles/practices/procedures and resource allocation.
  • Strategic Thinking: Ability to develop and implement long-term strategies aligned with organizational goals.
  • Communication: Excellent verbal and written communication skills to effectively collaborate with internal and external stakeholders.
  • Analytical Skills: Proficiency in data analysis and problem-solving to drive informed decision-making.
  • Change Management: Experience in leading organizational change initiatives and managing stakeholders through transitions.
  • Project Management: Demonstrated ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines effectively.
  • Ability to manage competing priorities, strategically aligning efforts and activities to meet Bank goals & objectives.
  • Ability to work successfully as a member of a team and independently.
  • Ability to handle confidential information with discretion.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.


Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we're committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.

Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.


Accommodation
Your accessibility is important to us. Please let us know if you'd like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet
Competition Number: R_1368714
Company Website: jobs.td.com/

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About TD Bank

About TD Bank

The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD). TD is the sixth largest bank in North America by branches & serves approximately 22 million customers in a number of locations in key financial centres around the globe. Over 85,000 TD employees represent the strongest team in banking. Delivering legendary customer experiences is who we are & is part of being the Better Bank. Visit our Careers page to learn more about TD & why TD is a great place to work.