Strategic Sourcing Manager II

Work Location:

Hours:

Line of Business:

Pay Details:

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 candidates 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:

The Strategy Sourcing Manager II is the lead on major category sourcing initiatives and/or portfolios and execution of the sourcing mandate for assigned portfolio(s). This role provides professional and specialized support on a range of complex/major sourcing initiatives and category portfolio.

Day to day activities :

• Lead the development and execution of category and sourcing strategies for complex portfolios or multiple related initiatives accountable for delivering value managing risk and ensuring alignment with TDs procurement standards and risk appetite.

• Leads sourcing initiatives and supplier engagements within assigned portfolios ensuring alignment to procurement policies controls and risk requirements

• Lead complex supplier negotiations and commercial decisionmaking for assigned categories or initiatives accountable for negotiation outcomes total cost of ownership optimization and alignment with businessobjectives.

• Leads or contributes to crossfunctional sourcing initiatives within and across portfolios providing subject matterexpertiseon complex sourcing commercial or riskrelated matters

• Synthesize market intelligence supplier insights financial analysis and risk considerations into clear defensible recommendations for senior stakeholders articulatingtradeoffsand implications.

• Leverageadvanced analytics scenario modelingand AIenabled insights to accelerateoptiondevelopment and improve decision quality whileretainingaccountability for judgmentbased decisions escalation and exception handling.

• Leads a portfolio of work and may span multiple initiatives

• Lead complex sourcing initiativesspanninga portfolio ofCore Operations and/or Technologyrelated sourcing engagements across a range of complexity and risk levels

• Communicate proactively and transparently with team members stakeholders and partners ensuring alignment on priorities progress risks and dependencies.

• Advises on complex trade-offs across commercial risk and stakeholder considerations

• Drives sourcing outcomes across portfolios with material impact

Depth & Scope:

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

• Within category specialty supports business partners by contributing to governance programs and management programs

• Manages strategic sourcing strategies and initiatives that support TD and business partner needs and objectives as well as helps to mitigate risks to the organization

• May provide guidance on Sourcing/outsourcing best practices

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

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

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

• Consistently exercises discretion in managing correspondence information and all matters of confidentiality; escalates issues where appropriate

• Ensures 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)

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

• Conducts internal and external research projects; supports the development / delivery of presentations / communications to management or broader audience

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

• Actively manages relationships within and across various business lines corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements

• Keeps abreast of emerging issues trends and evolving regulatory requirements and assess potential impacts

• Maintains a culture of risk management and control supported by effective processes in alignment with risk appetite

• Participates fully as a member of the team supports a positive work environment that promotes service to the business quality innovation and teamwork and ensures timely communication of issues/ points of interest

• Provides thought leadership and/ or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit

• Participates in personal performance management and development activities including cross training within own team

• Keeps 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

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

• Acts as a brand ambassador for the business area/function and the bank both internally and/or externally

• Leads cross-functional teams or projects with significant resource requirements risk and / or complexity

• Impacts the achievement of sub-function or business line objectives within the area they are accountable for

• Work is guided by policies and industry standards/methods

Education & Experience:

• Post-Secondary Education and / or 7 years of related experience

• Highly seasoned professional role requiring substantial knowledge of Sourcing and procurement and/or knowledge of broader related areas

Customer Accountabilities:

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

• Within category specialty supports business partners by contributing to governance programs and management programs

• Manages 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

• Presents 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 Accountabilities:

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

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

• Consistently exercises discretion in managing correspondence information and all matters of confidentiality; escalates issues where appropriate

• Ensures 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)

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

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

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

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

• Leads / facilitates and/or implements actions / remediation plans to address performance / risk /governance issues

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

• Keeps abreast of emerging issues trends and evolving regulatory requirements and assess potential impacts

• Maintains a culture of risk management and control supported by effective processes in alignment with risk appetite

Employee/Team Accountabilities:

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

• Provides thought leadership and/ or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit

• Keeps current on emerging trends/ developments and grow knowledge of the business related tools and techniques

• Participates in personal performance management and development activities including cross training within own team

• Keeps 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

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

• Leads motivates and develops relationships with internal and external business partners / stakeholders to develop productive working relationships.

• Contributes to a fair positive and equitable environment that supports a diverse workforce

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

Preferred Qualifications:

• 5 years of progressively senior related experience

• Supply chain certification preferred

Who We Are:

TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we strive to make every interaction product and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to foster deeper relationships ensure disciplined execution and build a simpler faster banking experience. TD is deeply committed to being a leader in client experience that is why we believe that all colleagues no matter where they work are client facing. Together we are reimagining what banking can be for our clients colleagues and communities.

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:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were 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 youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll 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.

If youre passionate about helping clients and building deep lasting relationships TD offers diverse career paths where you can grow your expertise and make a meaningful impact.

Were committed to your success and foster a respectful workplace where diverse perspectives are valued everyone has fair opportunities to grow and you can unlock your full potential to achieve your career goals. Here at TD we hire and develop the best.

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

Interview Process
Well 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 youd 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):