Vendor Analyst III

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:

Provide research evaluation operational reporting and / or analytical support for assigned vendor relationships and/or business units with the objective to drive operational efficiencies savings and oversight in alignment with business and enterprise goals. Role may also be responsible for complex analysis and reporting at the enterprise level.

CUSTOMER

• Conduct ongoing monitoring analysis and reporting on a Third Partys performance through the delivery of services against SLAs SLOs KPIs or other contractual commitments within assigned portfolio as required
• Monitor spend against the financial terms of a Business Arrangement
• Use processes or tools to validate and resolve any issues and variances pertaining to invoices and facilitate invoice settlement to avoid incurring penalties/additional costs
• Understand and maintain knowledge of Business Arrangement terms (including key Third Party and business segment or corporate function (TD) deliverables) and scope changes that will be actively managed throughout the term. If the Business Arrangement involves licenses or other assets create and maintain governance processes to ensure effective asset management
• Use processes or tools to verify negotiated rates volume thresholds against aggregated spend and financial commitments against baseline/business case
• Develop and maintain strong relationships with business partners vendors and other stakeholders by providing value-added analysis presentations guidance and/or operational support in a timely manner
• Act as a go to resource to the business segment or corporate functional by providing relevant and meaningful information/data/guidance on procedures and/or issues
• Lead working sessions and/or facilitate meetings to develop and maintain effective relationships with internal TD partners and the vendor to ensure business requirements are met and objectives are aligned
• Lead vendor related operational activities (e.g. report production system queries process mapping specialized tracking analysis and transactional procedural support) as assigned

SHAREHOLDER

• Contribute to various operational activities and processes as assigned
• Support development and/or implementation of SLAs SLOs KPIs or other contractual commitments to mitigate risk and maximize availability of service efficiency and effectiveness
• Be knowledgeable of practices and procedures relating to managing Business Arrangements through all stages of the TPML in alignment with relevant frameworks policies and standards
• Identify issues and monitor trends with a Third Party in a responsive manner to reduce risk in alignment with Third Party Risk Management (TPRM) Policies and related Standards
• Consistently exercise discretion in managing correspondence information and all matters of confidentiality; escalate issues where appropriate
• Protect the interests of the organization identify and manage risks and escalate non-standard high risk activities as necessary
• Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience
• May provide a range of reporting and / or meaningful analysis at the functional level using results to draw conclusions make recommendations assess the effectiveness of programs or practices
• Focus on continuous improvements to facilitate entering into Third Party Business Arrangements and promote effective Third Party delivery
• Acquire and apply expertise in the discipline provide guidance assistance and direction to others
• Maintain a culture of risk management and control supported by effective processes in alignment with risk appetite
• May lead work streams by acting as a project lead / subject matter expert for small scale projects / initiatives in accordance with project management methodologies

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
• Support the team by continuously enhancing knowledge / 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 the success of the team by willingly assisting others in the completion and performance of work activities; provide training coaching and/or guidance as appropriate
• 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

• Experienced working professional role providing specialized business services advisory or processes / program support within their own area of speciality
• Requires experienced conceptual and practical knowledge within their own specialty and knowledge of broader related areas
• Accountable for own work and sometimes others; acts as an escalation point or knowledge resource for others in their own area
• Leads projects or workstreams within broader projects with moderate risk and may be accountable for managing ongoing activities processes and functional programs
• Works within broad guidelines / policies and independently performs tasks from end to end
• Solves moderately complex problems by taking a new perspective on existing solutions
• Exercises judgment based on the analysis of multiple sources of information
• Conveys business context when providing guidance within field of specialty to internal or external stakeholders
• Work performed under minimal management guidance and supervision
• Identify and lead problem resolution
• Generally reports to a Senior / Manager role

EXPERIENCE AND / OR EDUCATION

• Undergraduate degree
• 3 years of experience

ADDENDUM

• Solid knowledge of Vendor Management Business Arrangements Third-Party Management Lifecycle principles policies and procedures systems products/services product research analysis & reporting competitive intelligence and/or regulatory requirements
• Knowledge of current and emerging competitor and market trends
• Knowledge of Risk Management environment standards and regulations
• Strong ability to identify operational efficiencies and/or issues/gaps and develop plans/recommend solutions
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships
• Ability to work successfully as a member of a team and independently
• Strong ability to research collect organize analyze complex or technical data and prioritize work while meeting multiple deadlines
• Ability to exercise sound judgement in making decisions
• Strong ability to research collect organize analyze complex or technical data and prioritize work while meeting multiple deadlines
• Skill in using analytical software tools research and data analysis methods and reporting techniques
• Skill in using computer applications including MS Office
• Ability to handle confidential information with discretion

Who We Are:

As part of TD Bank Group one of Canadas 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:
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. 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 were committed to helping you identify opportunities that support your goals.

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):