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purchasing manager
Title posted on CareerBeacon - Vendor Manager III
Posted on November 21, 2024 by Employer details TD Bank
Job details
Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Procurement & SourcingPay Details:$91,200 - $136,800 CADTD 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:We are looking for individuals who enjoy working both independently and as a part of a team, with the desire to develop tactical & strategic solutions. Being able to take initiative with strong relationship skills; including proven influencing, conflict management and negotiation skills. The team is heavily involved in strategic initiatives and operational improvements to drive efficiency, improve client service levels and reduce risk.This position will focus on supporting the TD Securities Market Data Vendor Management team with responsibility for effective vendor governance, contract and performance management and value creation opportunities from vendor relationships that are strategically important to the Wholesale Banking Business. This role manages Market Data vendor relationships through all stages of the agreement lifecycle, in alignment with relevant TD frameworks/methodologies. This position reports to the Senior Manager, Market Data; the role is hybrid and will require some travel to the office.Job DescriptionYou find opportunities to improve client delivery and manage risk by identifying issues; and work with TD business partners to analyze these issues, identify potential solutions and provide recommendations to management, along with managing the implementation of the selected change(s) to enhance our client-centric approach and support business objectives #LI-POSTIdentify and execute innovative improvement opportunities; inspire the adoption of new technologies, models and methodologies to enhance productivity, operational effectiveness of the business, and the client experience, while supporting an effective control environmentEffectively handle crucial and/or high-risk issues, resolving most appropriate and expeditious course for the successful resolution by exercising tact and subtlety and maintaining good client relationsForm relationships and communicate complex issues to a wide array of business partners with differing levels of product experience.Manages a portfolio of vendor relationships that are significant in scope, complexity and criticality.Onboard new vendor initiatives per the Bank Sourcing Policies that require risk and sourcing due diligence and approvals.Understand contractual terms and conditions, and their commercial implications to the business to effectively manage vendor agreement(s) and relationship(s)Evaluate vendor performance and ensure the prompt and thorough resolution or escalation of performance issues, understanding/managing risks associated with customer facing/impacting vendors.Provides strategic input into business decisions as a trusted advisor.Develop and maintain effective relationships with internal TD partners and vendor(s) to ensure business priorities requirements are clearly understood and met, and objectives are aligned.Manage and track contractual amendments understanding the commercial benefits and associated risks and facilitate approval process involving appropriate stakeholders.Participate fully as a member of the team and contribute to a positive work environment that encourages productivity, professionalism and t- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2125426
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