Manager, Vendor Management (US), Financial Crime Risk Management
TDAbout the role
Work Location:
Remote New York (NY)Hours:
0Pay Details:
$86,840 - $139,360 USDTD is committed to providing fair and equitable compensation opportunities to all colleagues. The included salary range for this role takes into account multiple factors that are considered in making compensation decisions. The base pay actually offered may vary based upon candidate's skills and experience, job-related knowledge, licensure and certifications, geographic location, and other specific business and organizational needs. As TD puts career development at the forefront of our colleague experience, it is not typical for an individual to be hired at or near the top of the range for their role.
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 & SourcingJob Description:
The Vendor Manager III manages Third Party Business Arrangements through all stages of the TPML, in alignment with relevant frameworks, policies and standards. Vendor Managers are expected to understand and maintain knowledge of Business Arrangement terms (including key Third Party and business segment or corporate function (TD) deliverables). Vendor Managers are also responsible for monitoring, analyzing and reporting on performance of Business Arrangements and identifying and escalating issues where identified in order to mitigate risk. On more strategic, critical and/or complex relationships across multiple business segments or corporate functions, role may also act as the Lead Vendor Manager supporting the Accountable Executive that owns TD's relationship with the Third Party.
Depth & Scope:
- Expert level professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas
- Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations
- Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
- Acts as a lead integrating cross-function understanding within their own field of specialty; with significant resource requirements, risk and / or complexity
- Independently manages business arrangements
- Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
- Uses sophisticated analytical thought to exercise judgement and identify solutions
- Impacts the achievement of sub-function or business line objectives within the area they are accountable for
- Supports advanced methods to contribute to new solutions and recommend standards against which others will operate
- Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
- Works autonomously as the lead and guides others within area of expertise
Education & Experience:
- Undergraduate degree
- 7+ years of related experience
- Advanced knowledge of Vendor Management, Business Arrangements, Third-Party Management Lifecycle framework/principles, policies and procedures, systems, products/services, product research, assessment & reporting, competitive intelligence, negotiation tactics and/or regulatory requirements
- Knowledge of current and emerging competitor and market trends
- Knowledge of Risk Management environment, standards and regulations
- Knowledge of budgetary management principles/practices/procedures
- Skill in identifying complex problems and reviewing related information to develop/evaluate options and implement solutions and/or governance procedures
- Skill in supporting the development and implementation of change strategies and/or processes
- Ability to negotiate, influence, collaborate and effectively communicate to build relationships
- Ability to contribute to strategic direction of the function and provide advice to senior leadership
- Ability to monitor, analyze, report and assess adherence, performance and risk of information, contractual terms and/or delivery of services
- Skill in researching, collecting, organizing and analyzing complex or tec
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