Associate Strategic Sourcing Manager

Work Location:

Mississauga, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$65,600 - $98,400 CAD

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:

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

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

• Be knowledgeable of sourcing practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area

• 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

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

• Acquire and apply sourcing expertise, provide guidance, assistance and direction to others

• Identify, recommend, and effectively execute standard practices applicable to the discipline

• Adhere to internal policies/procedures and applicable regulatory guidelines

• 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

• 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 a