Vendor Analyst Iii
18 hours ago
**Work Location**:
Toronto, Ontario, Canada
**Hours**:
37.5
**Line of Business**:
Procurement & Sourcing
**Pay Details**:
$65,600 - $98,400 CAD
Provide research, evaluation, operational, reporting and / or analytical support for assigned vendor relationships and/or business units with the objective to drive operational efficiencies, savings and oversight, in alignment with business and enterprise goals. Role may also be responsible for complex analysis and reporting at the enterprise level.
- Act as the point of contact for vendor related payment issues.
- Work with vendor managers, and business contract owners to validate invoicing and obtain invoice approval.
- Process vendor payments, ensuring they are accurate and recorded in the proper financial period.
- Analyze and identify opportunities to reduce vendor expenses and risk.
- Route invoices to Accounts Payable for payment (Bulk file and Manual Invoice Submissions)
- Knowledge of Data & Inventory Management to assist with invoice reconciliation.
- Validation of contract to invoice matching to ensure services/products invoices correspond to agreed commercials
- Identify opportunities for operational efficiencies in existing and proposed work processes, expense reduction, and risk mitigation.
Technology and Systems:
- Executes as a key contributor in strategic TPMO initiatives and decision making related to own area of expertise (TDS Market Data VMO).
- Designs, implements, and maintains complex workflows to direct team resources and enhance performance of business processes.
- Actively supports all internal audit investigations and inquiries as well as regulatory inquiries, as related to the teams' function, in an efficient, effective, and professional manner.
- Responds to support escalation inquiries as required.
- Enhances the delivery of payments processing by evaluating on‐line features and requesting system enhancements.
- Develops and maintains a strong understanding of current payments technology and systems capabilities, and leverages those capabilities to maximize TD Securities benefits and investment.
Program Delivery:
- Delivers a global streamlined invoice management practice across the Bank for TD Securities, ensuring that accuracy and segmentations are in alignment with policy and regulatory requirements.
EXPERIENCE AND / OR EDUCATION
- Undergraduate degree
- 3+ years of experience
ADDENDUM
- Solid knowledge of Vendor Management, Business Arrangements, Third-Party Management Lifecycle principles, policies and procedures, systems, products/services, product research, analysis & reporting, competitive intelligence and/or regulatory requirements
- Knowledge of current and emerging competitor and market trends
- Knowledge of Risk Management environment, standards and regulations
- Strong ability to identify operational efficiencies and/or issues/gaps and develop plans/recommend solutions
- Ability to communicate effectively in both oral and written form
- Ability to work collaboratively and build relationships
- Ability to work successfully as a member of a team and independently
- Strong ability to research, collect, organize, analyze complex or technical data and prioritize work while meeting multiple deadlines
- Ability to exercise sound judgement in making decisions
- Strong ability to research, collect, organize, analyze complex or technical data and prioritize work while meeting multiple deadlines
- Skill in using analytical software tools, research and data analysis methods and reporting techniques
- Ability to handle confidential information with discretion
**Who We Are**:
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. 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.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing - and so will you.
**Our Total Rewards Package**
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical,
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