Strategic Sourcing Manager I

Description

Department Overview :

TDBG spends around $8B each year with vendors. Strategic Sourcing Group’s (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this third party spend and the expertise of our key suppliers to meet our needs, reduce total cost, and mitigate supply-related risks.

Our role is global in scope and we have just embarked on a journey to transform the way we do sourcing, purchasing and vendor management within our department and more broadly across the organization.

Our team is comprised of 200 people who are in various TDBG locations across North America.

Job Overview :

In this role you will lead on major category initiatives and / or portfolios and execution of the sourcing mandate for assigned portfolio(s).

Provide professional and specialized support on a range of complex / major category initiatives and category portfolio.

CUSTOMER

Act as liaison with business / executives and provide sourcing expertise and recommendations to business partners to optimize Sourcing strategies to enable TD and business specific objectives and goals

Within category specialty, support business partners by contributing to governance programs and management programs

Manage category and strategic sourcing strategies and initiatives that support TD and business partner needs and objectives as well as help to mitigate risks to the organization

May provide guidance on Sourcing / outsourcing best practices

Present research findings and make recommendations to management that support category and business partner strategies

Leads supplier negotiations to maximize total cost of ownership in a given category and work with business partners

SHAREHOLDER

Adhere to enterprise frameworks or methodologies that relate to sourcing activities for our business area

Ensure respective sourcing programs / policies / practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities

Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate

Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)

Participate in cross-functional / SSG enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations

Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience

Conduct meaningful SSG analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs / policies / practices

Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists

Lead / facilitate and / or implement actions / remediation plans to address performance / risk / governance issues

Actively manage relationships within and across various business lines, corporate and / or control functions and ensure alignment with enterprise and / or regulatory requirements

Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts

Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

EMPLOYEE / TEAM

Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues / points of interest

Provide thought leadership and / or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit

Keep current on emerging trends / developments and grow knowledge of the business, related tools and techniques

Participate in personal performance management and development activities, including cross training within own team

Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.

Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.

Contribute to a fair, positive and equitable environment that supports a diverse workforce

Act as a brand ambassador for your business area / function and the bank, both internally and / or externally

BREADTH & DEPTH

Expert level professional role requiring in-depth knowledge / expertise in Sourcing and procurement and working knowledge of broader related areas

Integrates the broader organizational context into advice and solutions within own area

Understands the industry, competition and the factors that differentiate the organization

Applies best practices to implement process, product or service improvements

Acts as a subject matter expert within their own area of specialty or a resource for others

Leads projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs

Contributes to setting standards within area of expertise

Solves complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders

Uses advanced methods to contribute to new solutions and recommend standards against which others will operate

Impacts a range of functional programs and operations across own and related teams

Interprets guidelines, standards, policies and results of analysis to inform decision making at senior levels

Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels

Works independently as the senior technical lead and guides others within area of expertise

Identifies and leads problem resolution for complex issues at all levels

Generally reports to a Manager or above

EXPERIENCE AND / OR EDUCATION

Post-Secondary Education and / or

5+ years of related experience

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.

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