Buyer, Strategic Sourcing

Work Location:

Mississauga, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$65,600 - $98,400 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:

Department Overview:

TDBG spends over $5bn each year with suppliers.  The Strategic Sourcing Group’s (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this 3rd-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 within our department, and more broadly across the organization, to transform the way we do sourcing, purchasing and vendor management.

Our team comprises over 200 people who are located in various TDBG locations across North America. 

Job Description/Accountabilities:

The Buyer is a results-driven team player who will support all of the purchasing activities of the Bank. In this capacity, the person will be a subject matter expert on the Ariba platform, acting as a key point of contact for all systems-related inquiries. In this role, you will interface with stakeholders across the organization, internal business partners, subject matter experts, other members of SSG and external 3rd-parties to support the execution of the Bank's sourcing needs.

Reporting to the Manager, Central Buying Team, the analyst's key accountabilities are;

• Leads tactical sourcing engagements by reviewing and processing contract drafts.
• Responsible for Reviewing and approving Purchase Requisitions, coordinating with vendors and tracking PO progress as required.
• Ensures the accuracy of sourcing requests (SR) and purchase requisitions details.
• Manages issues with SRs and POs in an efficient and timely manner.
• Ensures data accuracy within the tools and provide recommendations of ways to operate in more efficient and cost-effective manner.
• Responsible for the management and support of all SSG purchasing tools and is a subject matter expert on engagements, complex Purchase Orders (POs), e-Auctions and 3 bids and a buy functionality.
• Ability to analyze large sets of data, providing detailed information to support Strategic Sourcing Group (SSG) buying/ sourcing decisions.
• Proactively engages with the Strategic Sourcing Functions and Purchasing Team to identify new opportunities to leverage purchasing tools and processes, and/or e-Auction related buying strategies.
• Drives value through early engagement, commercial acumen, market knowledge and understanding of the Ariba tool.
• Ensures effective delivery of Strategic Sourcing Group (SSG) services to business partners and ensure prompt and thorough resolution of all client issues.
• May support the monthly reporting and tracking for departmental KPI's and Savings Targets.
• Fosters strong collaborative relationships with partners in SSG (TPRM, Category Leads, etc.), the business, and vendor management communities.

Education/Accreditations

• Post-Secondary education/or equivalent experience
• Experience in the following is considered an asset:
  • A Purchasing role or demonstrated experience of Strategic Sourcing practices
  • Work experience on the Ariba tool
  • Experience with e-sourcing tools
  • Experience in building dashboards and reporting
  • Previous Buying or Purchasing experience

Other Qualifications/Skills/Experience

• Demonstrated experience of Strategic Sourcing practices
• Previous experience working in the procure to pay and source to contract process

• Strong knowledge of buying group functions and customer service

• Strong commercial acumen and business judgment
• Demonstrat