Senior Vendor Relationship Manager
1 month ago
A competitive salary in the range of $100,000 - $150,000 per annum reflects the investment TD International Services Limited makes in its colleagues to help them achieve their well-being goals. As a Senior Vendor Relationship Manager, you will play a critical role in managing Third Party Business Arrangements through all stages of the Third Party Management Lifecycle (TPML), in alignment with relevant frameworks, policies and standards.
Key Responsibilities:- Own the management of Third-Party Business Arrangements through all stages of the TPML, in alignment with relevant Third-Party frameworks, policies and standards
- Initiate intake via a Sourcing Request and follow the Third-Party Risk Assessment process
- Set up and onboard Third Parties post contract execution including the implementation of the governance structure and interaction models between key stakeholders
- Understand the financial terms of a Business Arrangement and monitor a Third Party's financial health to mitigate risk related to costs and services
- Collaborate with internal stakeholders to support business needs by delivering a transition or termination of a Third Party
- Support Lead Vendor Managers in consolidating an enterprise view of the relationship with the Third Party in support of the Accountable Executive
- Maintain strong relationships with internal stakeholders
- Undergraduate degree with minimum 5+ years of related experience
- Advanced knowledge of Vendor Management, Business Arrangements, Third-Party Management Lifecycle framework/principles, 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
- 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
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
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