Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$165,000 - $200,000 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

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:

This position oversees a portfolio of approximately 300 vendors, including 27 high, 64 medium, and 200 low risk-rated vendors, representing an annual spend of ~$1.7B and over 3,000 active contracts/SOWs. The AVP leads a team of ~50, comparable to or larger than other AVP roles in Procurement. The role impacts stakeholders across multiple lines of business, manages strategic relationships, and provides governance to ensure vendor operations align with internal controls and regulatory requirements. The AVP is accountable for developing and executing category strategies, performance management, reporting, and issue escalation for assigned vendors

Individual Accountabilities:

Oversees the Sourcing and Vendor Management office that is responsible for supporting the end-to-end Third Party relationships for Global P&T Infrastructure & Engineering and Enterprise ProtectLeads the team that oversees multiple strategic, high-profile and/or enterprise vendor relationships & negotiations  impacting stakeholders across LOBs.Leads strategic relationship(s) and provides guidance to key TD business executive teams within the portfolio.Accountable for the development of strategies/initiatives to achieve a high-quality vendor service while supporting the growth objectives of the P&T Organization.Ensures contract negotiations and vendor relationships are continuously optimized and providing strategic value to the organization.Enhancing on-going monitoring of the overall portfolio.Provides strategic guidance to business/functional leaders to ensure escalated concerns/governance issues are appropriately managed.Manages vendor risks and issues in alignment with Third Party Risk Management (TPRM) framework, 3PCRM requirements; provide governance to assure key vendor are operating in alignment with internal control and regulatory requirements.Responsible for supporting direct VP with transforming key processes towards the targeting operating model.Drives data strategy to enable transparent stakeholder reporting, KPIs, KRIs etc., for our VMO.Act as the lead in any change management required coming from Enterprise Partners.

Education & Experience:

Demonstrated leadership in managing line-of-business partners and enabling change.Proven ability to attract and develop superior, results-driven talent.Experience supporting speed, simplicity, and agility in decision-making.Strong collaborative, enterprise mindset and approach to problem-solving.Capabilities in strategy development, financial management, and business acumen.Senior-level relationship management and talent management experience.Delivery of procurement targeting operating model and alignment to Procurement/TPRM/TPRO/TD Handbook for Day 2 responsibilities.Contribution to productivity and operating cost reduction targets.Business and technology savvy, with outside-in thinking and industry perspectives.

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