Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Procurement & Sourcing Pay Details: $81,600 - $115,200 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
Our Technology strategy is transforming the face of our technology teams, our ITSS shared services capabilities, and the experience of our customers and colleagues. As we accelerate our journey to the Cloud, build Enterprise level Platforms, and transition to the Next Evolution of Work (NEW), we will require a significantly strengthened focus on third party solutions that fit with our target state. Our ability to enable a more strategic approach to engaging third parties, in lockstep with our business strategy, and in collaboration with our SSG and TPRM colleagues, will serve as a critical enabler to unlocking business value. ITSS Vendor Management organization is mandated to: Deliver a portfolio aligned vendor management support model for our CIO's and business leaders Introduce a dedicated focus on managing relationships, and optimizing value with our strategic Enterprise Technology vendors, who have relationships across multiple CIO's and ITSS business leaders Support enablement of our NEW operating model, through integrated business/technology coverage of common vendors Enable strengthened focus on operational oversight, third party governance, and value delivered for our broader list of 'business critical' vendors Drive accelerated focus on vendor management process transformation and capability build, including pursuit of transformational 3rd party strategies to drive vendor consolidation, and a shift to next generation managed services models We leverage industry standards, TD Best Practices, Risk and Compliancy Frameworks as well as Expense Policies to apply appropriate Governance to our portfolio of vendors. Our accountabilities include Spend Governance, Supplier Risk Management, Vendor Strategy and Traditional Vendor Management. Our team is comprised of seasoned; vendor management experts aligned to CIOs.
About this role
Under the leadership of AVP for Strategic Technology Vendors and Enterprise Technology, Strategic ITS Vendor Portfolio team will bring a 'One-TD' approach to our strategic Enterprise Technology and high risk vendors who have relationships across multiple CIO's and business leader portfolios. Reporting to the Vendor Manager III for Strategic ITS Third-Party Management Portfolio, the successful candidate will drive best in class vendor management and governance through all stages of the third-party management lifecycle, in alignment with relevant TD frameworks/methodologies and in support of business and enterprise objectives, with a focus on: Support strategic ITS vendor portfolio and governance models for major Telco vendors and future managed service engagements as applicable Working closely with the Managed Service VM to support the existing Telco relationships with Canada's top Telecom service provider Maintain book of records and act proactively to initiate contract negotiations to avoid any last-minute surprises Manage BAU day-to-day activities and governance processes (e.g., approval process for contract, monthly/quarterly/semi-annual governance meetings) as per the Vendor Management Policy and Handbook Drive vendor negotiation for the business owner in collaboration with Strategic Sourcing and various other internal partners Act as trusted advisor for business & finance stakeholders related to portfolio Provide VM support for business partners to develop business cases and deliver contract renewal execution / special projects to optimize ITS vendor spend Support ongoing financial management via Ariba/Shopwise for the assigned contracts including end-to-end process to support vendor invoice validation and payment Liaise with internal business partners and stakeholders to align vendor performance to TD's business objectives and priorities Manage vendor performance scorecard, dashboard reporting and governance meeting presentation material targeted for the senior executive audience Problem & issue management; escalation within vendor governance models Drive continuous improvement independently with minimal supervision Liaise with audit/compliance partners to maintain or reduce ITS's risk posture through Supplier Risk Management practices Lead partnership with sourcing, line of business and different risk group to complete
Education/Accreditations
College / University with emphasis on engineering or finance disciplines, and/or equivalent work experiences.
Job Requirements
What can you bring to TD?
Share your credentials, but your relevant experience and knowledge can be just as likely to get our attention. It helps if you have: Experience in communicating and reporting with executive audience (e.g., VP-level & above executives) – MUST HAVE Experience working with Microsoft Office suite (Word, Excel, PowerPoint, Outlook, MS Teams),
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Vendor Manager II (IT Sourcing) in Toronto employer: TD Bank Group
TD Bank Group is an exceptional employer that fosters a collaborative and innovative work culture, particularly in the dynamic field of Payments Modernization. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a commitment to work-life balance, all while being part of a leading financial institution located in the vibrant city of Toronto.
