Head of Procurement Office, Infrastructure & Engineering & Enterprise Protect (US)

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$200,000 - $280,000 USD

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.

Line of Business:

Procurement & Sourcing

Job Description:

• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Oversees the Sourcing and Vendor Management office that is responsible for supporting the end-to-end Third Party relationships for Global P&T Infrastructure & Engineering and Enterprise Protect
• Leads the team that oversees multiple strategic, high-profile and/or enterprise vendor relationships & negotiations  impacting stakeholders across LOBs
• Leads strategic relationship(s) and provides guidance to key TD business executive teams within the portfolio
• Accountable for the development of strategies/initiatives to achieve a high-quality vendor service while supporting the growth objectives of the P&T Organization
• Ensures contract negotiations and vendor relationships are continuously optimized and providing strategic value to the organization
• Enhances on-going monitoring of the overall portfolio
• Provides strategic guidance to business/functional leaders to ensure escalated concerns/governance issues are appropriately managed
• Manages vendor risks and issues in alignment with Third Party Risk Management (TPRM) framework, 3PCRM requirements; provide governance to assure key vendor are operating in alignment with internal control and regulatory requirements
• Responsible for supporting direct VP with transforming key processes towards the targeting operating model
• Drives data strategy to enable transparent stakeholder reporting, KPIs, KRIs etc., for our VMO
• Acts as the lead in any change management required coming from Enterprise Partners
• Accountable for developing and executing category strategies, performance management, reporting, and issue escalation for assigned vendors
• Impacts stakeholders across multiple lines of business, manages strategic relationships, and provides governance to ensure vendor operations align with internal controls and regulatory requirements

Education & Experience:

• Bachelor’s degree in Business, Finance, Supply Chain Management, or a related field required
• Master’s degree preferred
• 10+ years of relevant work experience
• Professional certifications in procurement or supply chain management (e.g., CPSM, CSCP) are considered an asset
• Senior leadership experience in procurement, sourcing, or vendor management, ideally within a large enterprise or financial institution
• Proven track record managing strategic, high-profile vendor relationships and negotiations
• Experience overseeing large teams and complex vendor portfolios
• Expertise in contract negotiation, vendor risk management, and compliance (including alignment with Third Party Risk Management frameworks)
• Strategic planning and change management experience, including process transformation and operating model delivery
• Strong business acumen and financial management skills (e.g., driving cost reductions, reporting KPIs/KRIs)
• Talent management and leadership development capabilities
• Experience collaborating with cross-functional teams (business, finance, risk/control functions)
• Demonstrated leadership in managing line-of-business partners and enabling change
• Proven ability to attract and develop superior, results-driven talent
• Experience supporting speed, simplicity, and agility in decision-making
• Strong collaborative, enterprise mindset and approach to problem-solving
• Capabilities in strategy development, financial management, and business acumen
• Senior-level relationship management and talent management experience
• Delivery of procurement targeting operating model an