Procurement Group Manager, Ssg
4 weeks ago
**Work Location**:
Mississauga, Ontario, Canada
**Hours**:
37.5
**Line of Business**:
TD General
**Pay Details**:
**Department Overview**:
TDBG spends over $5bn each year with suppliers. The Strategic Sourcing Group’s (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this 3rd-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 within our department, and more broadly across the organization, to transform the way we do sourcing, Procurement and vendor management.
Our team comprises over 200 people who are located in various TDBG locations across North America.
**Job Description/Accountabilities**:
Reporting to the Senior Manager, Central Buying Team, the Procurement Managers key accountabilities are:
- Responsible for processing higher value, strategic Sourcing Requests and Purchase Orders transactions under the defined category buying strategies.
- Proactively engages with the Strategic Sourcing Functions to identify new opportunities to leverage Procurement tools and processes, and/or e-Auction related buying strategies.
- Drive value through early engagement, commercial acumen, market knowledge and understanding of contract term and conditions.
- Ensure data integrity across procurement systems and develop actionable insights to enhance procurement efficiency and cost-effectiveness; support monthly reporting of departmental KPIs and savings targets.
- Provide leadership and mentoring to a team of dedicated buyers to execute against department KPI's and Savings Targets and drive procurement velocity for transactional processes.
- Create an environment that encourages growth, visibility, and continual learning. Recognize and value individual differences and contributions; seek to include diverse and global perspectives.
- Ensure effective delivery of Strategic Sourcing Group (SSG) services to business partners and ensure prompt and thorough resolution of all client issues.
- Foster strong collaborative relationships with partners in SSG (TPRM, Category Leads, etc.), the business, and vendor management communities
**Job Requirements**:
**Education/Accreditations**
- Post Secondary education/or equivalent experience.
- Minimum of 5+ years of relevant work experience as a Procurement Manager
**Other Qualifications/Skills/Experience**
- Demonstrated experience of Strategic Sourcing practices
- Previous experience managing the procure to pay process.
- Strong knowledge of buying group functions and customer service
- Negotiations experience
- Working knowledge of contract terms and conditions
- Experience managing portfolio's with spend in excess of $500 Million considered an asset.
- Strong commercial acumen and business judgment
- Proven experience managing and leading high performing teams.
- Demonstrated stakeholder/relationship management skills.
- General knowledge of the TDBG organizational structure, including main business groups and their functions
- Experience with e-sourcing tools and reverse e-auction (both set-up and execution)
**Location**
- The role would be considered for Mississauga, Canada
**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, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
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