Procurement Analyst I

4 weeks ago

Mississauga, Canada TD Bank Full time

**Work Location**:
Mississauga, Ontario, Canada

**Hours**:
37.5

**Line of Business**:
Procurement & Sourcing

**Pay Details**:
$51,400 - $72,600 CAD

**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, purchasing and vendor management.

Our team comprises over 200 people who are in various TDBG locations across North America.

**Job Description Summary**

**Job Description/Accountabilities**

**CUSTOMER**
- Manage sourcing initiatives covering a range of complexity that support TD and business partner needs and objectives as well as help to mitigate risks to the organization.
- Responsible for placing PO's, coordinating with vendors, and tracking PO progress and vendor invoicing.
- Manage issues with RFxs, e-Auctions, Contract Compliance and POs in an efficient and timely manner. Ensure data accuracy within the tools and provide recommendations of ways to operate in more efficient and cost-effective manner.
- Drive value through early engagement, commercial acumen, market knowledge and understanding of the Ariba tool.
- Proactively engages with the Strategic Sourcing Functions and Purchasing Team to identify new opportunities to leverage purchasing tools and processes, and/or e-Auction related buying strategies.
- Ensure effective delivery of Strategic Sourcing Group (SSG) services to business partners.
- May support the monthly reporting and tracking for departmental KPI's and Savings Targets
- Ensure data accuracy within the tools and provide recommendations of ways to operate in more efficient and cost-effective manner.
- Ability to analyze data and provide information to support Strategic Sourcing Group (SSG) buying/ sourcing decisions. Provide detailed analysis and reports on sourcing events to stakeholders.
- Maintain clear and consistent communication with all stakeholders, including suppliers and internal teams and provide timely updates on the status of sourcing events and address any queries or concerns.
- Maintain accurate records of all sourcing events and related documentation.
- May assist in developing and updating sourcing templates, guides, and documentation.
- Foster strong collaborative relationships with partners in SSG (TPRM, Category Leads, etc.), the business, and vendor management communities

**SHAREHOLDER**
- Consistently exercise discretion in managing correspondence, information, and all matters of confidentiality; escalate issues where appropriate.
- Be knowledgeable of sourcing practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area.
- Protect the interests of the organization - identify and manage risks, and escalate non-standard, high-risk activities as necessary.
- Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience.
- Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist.
- Identify, recommend, and effectively execute standard practices applicable to the discipline.
- Adhere to internal policies/procedures and applicable regulatory guidelines.
- Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
- Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.

**EMPLOYEE / TEAM**
- Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation, and teamwork and ensure timely communication of issues/ points of interest.
- Support the team by continuously enhancing knowledge / expertise in own area and participate in knowledge transfer within the team and business unit.
- Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques.
- Participate in personal performance management and development activities, including cross training within own team.
- Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities.
- Contribute to the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
- Contribute to a fair, positive and equitable environment that supports a diverse workforce.
- Act as a brand ambassad

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