Work Location:

Markham, Ontario, Canada

Hours:

35

Line of Business:

Procurement & Sourcing

Pay Details:

100 400 $/$100,400 - 158 000 $/$158,000 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:

Department Overview

TD Insurance is part of TD Bank Financial Group, one of Canada's largest financial institutions. TD Insurance helps protect clients from the 'accidents of life' with a wide range of products including credit protection, life, health, travel, home and auto insurance. With more than three million clients, TD Insurance authorized products and services are available online, over the phone, and through a network of more than 1,000 TD Canada Trust branches.

In Canada, we have two lines of business, General Insurance and Life and Health. Our General Insurance business is one of the top homes and auto insurance groups in Canada and the national leader in group insurance and affinity marketing. Our Life and Health business is the number one provider of critical illness insurance and direct life and health insurance in Canada.

At TD Insurance, we are committed to fostering an inclusive, accessible environment. With a Canada-wide workforce of over 4,000 employees and offices in Quebec (Laval, Montreal), Ontario (Etobicoke, Toronto, North York, Burlington, and Peterborough), Atlantic Canada (Halifax, Saint John), Calgary and Edmonton, our company is always growing and can help you to grow. TD Insurance offers a stable and dynamic work environment where talent is appreciated, and professional development is taken seriously. More than just a job, we offer rewarding careers.

Job Description

Reporting to the Vice President Vendor Management, this role will support the development and execution of an industry leading effective vendor management program within TDI.

In partnership with strategic sourcing, Third Party Risk Management and the Claims Operational leadership team the incumbent will be responsible for the development and implementation of Vendor performance management initiatives creating better value for TDI Customers, Employees and Shareholders, while ensuring compliance to TDI risk and expense policies and procedures. The incumbent will provide ongoing professional and specialized support on all vendor activities to all business areas as required.

The general accountabilities of this role include but are not limited to the following:

• Lead and mentor team members, providing regular performance assessments to employees and their people managers, ensuring a positive work environment that encourages productivity, professionalism and teamwork

• Create a culture that fosters employee engagement, accountability and high-performance outcomes

• Play a key role in setting direction for TD Insurance most critical, strategic/enterprise vendor relationships, leading the VM team to implement effective vendor strategies and development plans

• Ultimately responsible for ensuring a beneficial vendor relationship(s); including service/product delivery, VM governance, performance management, and continuous improvement initiatives

• Provide strategic guidance as appropriate to business partners and VM teams regarding VM best-practice and developments to the enterprise vendor management strategy

• Leads implementation of projects and initiatives to maximize value from third-party spend in the context of enterprise and business-specific goals and objectives

• Provides strategic input and support for sourcing category analysis/planning, vendor analysis and plays a significant part in contract negotiations (MSA and EMSA)

• Network with industry peers to keep remain current and aware of emerging trends, benchmarks to ensure Vendor programs remain effective, current and Industry leading

Job Requirements

• Bachelor's degree

• Minimum 5 years work experience in Vendor Management, project management, risk management, sourcing, General Insurance

• Ability to think strategically: a forward thinker who sees opportunities not problems. Will challenge the status quo and continually look for a better way to execute with excellence.

• Demonstrated leadership and management ability is vital. The ability to persuade by printed and spoken word is critical.

• A proven collaborative approach to problem solving, decision-making and communication.

• Effective communications skills including facilitation, consultation, negotiation, persuasion and presentations.

• Demonstrated ability to motivate, coach, counsel and train staff at a senior managerial level.

• Strong team player works well under pressure and ability to deal effectively with change.

• Strong organizational and time management skills

Who We Are:

As part of TD Bank Group, one of Canada's largest financial institutions, at TD Insurance, we care for Canadian families, making it easy to get the best advice, protection, and support in their moments of need, always.

TD Insurance offers a wide range of products, including General Insurance and Life and Health. More than four million customers count on us.

As the largest direct to consumer insurer in Canada, we are always innovating and providing exciting and rewarding career opportunities for our Canada-wide workforce.

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