Vendor Management Specialist
2 months ago
Job Summary
We are seeking a highly skilled Vendor Manager to join our team at TD International Services Limited. As a Vendor Manager, you will be responsible for 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
- Manage third-party business arrangements through all stages of the TPML, in alignment with relevant 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.
- Ensure integrity in dealing with third parties, complying with TD's expense policy, enterprise procurement policy, vendor management policy, and code of conduct and ethics.
- Focus on continuous improvements to facilitate entering into third-party business arrangements and promote effective delivery.
Requirements
- Undergraduate degree with a minimum of 7+ years of related experience.
- Advanced knowledge of vendor management, business arrangements, third-party management lifecycle framework/principles, systems, products/services, product research, assessment, and reporting.
- 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 technical data and developing plans to address identified issues/problems.
- Ability to lead, plan, implement, and evaluate program/project activities to ensure completion of initiatives.
- Ability to exercise sound judgment in making decisions.
- Ability to research, collect, organize, and analyze information and prioritize work while meeting multiple deadlines.
- Skill in using analytical software tools, data analysis methods, and reporting techniques.
- Skill in using computer applications, including MS Office.
- Ability to work successfully as a member of a team and independently.
- Ability to handle confidential information with discretion.
About Us
TD International Services Limited 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. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities, and colleagues.
Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families, achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans, such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.
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