Associate Sourcing Manager, IT Procurement - Mississauga, Canada - TD Bank

TD Bank

Verified Company

Mississauga, Canada

3 weeks ago

Posted by:

Sophia Lee

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Description

403164BR

Procurement & Sourcing

Mississauga, ON

March 16, 2023

Company Overview

Department Overview

TDBG spends around $6B each year with vendors.

Strategic Sourcing Group's (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this third 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 to transform the way we do sourcing, purchasing and vendor management within our department and more broadly across the organization.

Our team is comprised of ~200 people who are in various TDBG locations across North America.

The Associate Sourcing Manager, within the IT Procurement - Infrastructure portfolio, is a results-driven individual, who works in collaboration with all SSG Teams, Enterprise Control Functions, business unit leaders, business partners, external entities, TD suppliers and new suppliers to deliver on sourcing initiatives involving Infrastructure, including hardware, software, telecommunications, network, appliances, hosting, cloud and related services, with a focus on best in class practices and solutions, that will enable sustainable value to the organization by reducing cost, optimizing solutions, negotiating contracts and supporting vendor management, while mitigating supply-related risks.

This role is enterprise wide and global in scope.

Job Description:

Reporting to the Sourcing Manager, Infrastructure, IT Procurement, the Associate Sourcing Manager's key accountabilities are;
Leading vendor engagement requests from business units, understanding their business needs, strategies and objectives in order to align our deliverables to meet TD's procurement policy
Manage multiple deals simultaneously, often to tight deadlines, while maintaining compliance and reporting requirements.
Awareness and management of initiative based business unit spend as it relates to third party engagements, in order to create P&L and cost avoidance recognized by the business and organization
Drive value in supply chain/total cost of ownership sourcing initiatives through early engagement, commercial acumen and market knowledge. Activities also include vendor engagement, contract negotiation, solution/supplier evaluations (including due diligence) and supplier selection activities
Ensure effective delivery of Strategic Sourcing Group (SSG) services to business partners and ensure prompt and thorough resolution of all client issues
Collaborate with SSG teams to conduct Information Technology market intelligence activities including industry, supply market and supply chain research/analytics, category sourcing and outsourcing trends and best practices and share knowledge, insight and advice with business in a way that contributes to their long term business strategies
Provide guidance and insight on sourcing best practices and provide counsel to business to ensure supplier arrangements meet all TDBG policy and regulatory requirements
Working with engagementbased key partners to provide Sr. Management and SSG Executives with contract overview, identifying commercial terms, risks, mitigations and spend policy approvals for review, feedback and approvals prior to completion of agreement.
Maintain currency in reporting and administration of the above activities.

Requirements:

Success in this role will be driven by your communication and influencing skills and your drive to get things done.
Post-Secondary education/or equivalent experience
Minimum of 2 years of relevant work experience
Fluency with TD tools (Ariba and Hiperos familiarity is an asset)
Maintain currency in reporting and administration of the above activities.
The ability to create and manage complex business and delivery models
Knowledge and understanding of Strategic Sourcing practices and standards
Strong commercial acumen and business judgment
Strong drive and determination to flawlessly execute and deliver
Strong written/verbal communication, negotiation, and presentation skills
Stakeholder/Relationship Management and Networking skills
Experience in Project Management with strong analytical skills
Fluency with Microsoft Office Excel, PowerPoint, Word and SharePoint

Additional Information

LI-Hybrid

Hours

37.5

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported.

We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve.

If you require an accommodation for the recruitment/interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.