Sourcing Manager, Enterprise Programs

2 weeks ago

Toronto, Canada TD Bank Full time

**TD Description**

Stay current and competitive. Carve out a career for yourself. Grow with us.

**Department Overview**
- TDBG spends around $8BN each year with suppliers. 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 embarked on a journey within our department, and more broadly across the organization, to transform the way we do sourcing, procurement, purchasing and vendor management.
- Our team comprises over 200 people who are located in various TDBG locations across North
- America.
- The Sourcing Manager, within the Enterprise Programs and Platforms sourcing team, 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 supplier management, while mitigating supply-related risks. This role is enterprise wide and global in scope.- Reporting to the Senior Sourcing Manager, the Sourcing Manager's key accountabilities are;- Leading supplier 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, market knowledge, and contract negotiation. Activities also include supplier 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 engagement-based 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.

**Job Requirements**

**Education/Accreditations**
- Post-Secondary education/or equivalent experience
- Fluency with Procurement tools (Ariba familiarity is an asset)

**Other Qualifications/Skills/Experience**
- Commercial acumen and business judgment
- 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.
- Minimum of 5+ years of relevant work experience is preferred
- Knowledge and understanding of Strategic Sourcing practices and standards is an asset

**Career Progression**

**Additional Information**
- #LI-Hybrid

**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.

**Job Family**
- Strategic Sourcing & Procurement

**Job Category - Primary**
- Procurement & Sourcing

**Job Category(s)**
- Procurement & Sourcing

**Hours**
- 37.5

**Business Line**
- Corporate

**Time Type

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