Vendor Manager II (US)

Posted:
12/16/2024, 11:07:20 AM

Location(s):
Mount Laurel Township, New Jersey, United States ⋅ Charlotte, North Carolina, United States ⋅ North Carolina, United States ⋅ New Jersey, United States

Experience Level(s):
Senior

Field(s):
Business & Strategy

Work Location:

Mount Laurel, New Jersey, United States of America

Hours:

40

Pay Details:

$68,640 - $112,320 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. 

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Procurement & Sourcing

Job Description:

The Vendor Manager II manages Third Party Business Arrangements through all stages of the TPML, in alignment with relevant frameworks, policies and standards. Vendor Managers are expected to understand and maintain knowledge of Business Arrangement terms (including key Third Party and business segment or corporate function (TD) deliverables). Vendor Managers are also responsible for monitoring, analyzing and reporting on performance of Business Arrangements and identifying and escalating issues where identified in order to mitigate risk. On more strategic, critical and/or complex relationships across multiple business segments or corporate functions, role may also act as the Lead Vendor Manager supporting the Accountable Executive that owns TD's relationship with the Third Party.

Depth & Scope:

  • Expert level professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas
  • Integrates the broader organizational context into advice and solutions within own area
  • Has some industry knowledge and can build an understanding of the industry, competition and the factors that differentiate the organization
  • Applies best practices to implement process, product or service improvements
  • Acts as a subject matter expert within their own area of specialty or a resource for others
  • Supports projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs
  • Contributes to setting standards within area of expertise
  • Supports complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders
  • Impacts a range of functional programs and operations across own and related teams
  • Interprets guidelines, standards, policies and results of analysis to inform decision making at senior levels
  • Supports stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels
  • Works independently as the lead and guides others within area of expertise
  • Identifies and leads problem resolution for complex issues at all levels

Education & Experience:

  • Undergraduate degree
  • 5+ years of related experience
  • Proficient knowledge of Vendor Management, Business Arrangements, Third-Party Management Lifecycle framework/principles, policies and procedures, systems, products/services, product research, assessment & reporting, competitive intelligence, negotiation tactics and/or regulatory requirements
  •  Knowledge of current and emerging competitor and market trends
  •  Knowledge of Risk Management environment, standards and regulations
  •  Knowledge of budgetary management principles/practices/procedures
  • Skill in identifying problems and reviewing related information to develop/evaluate options and implement solutions
  •  Skill in supporting the development and implementation of change initiatives and/or processes
  •  Ability to communicate effectively in both oral and written form
  •  Ability to work collaboratively and build relationships
  •  Ability to monitor, analyze, report and assess adherence, performance and risk of information, contractual terms and/or delivery of services
  •  Skill in researching, collecting, organizing and analyzing complex or technical data and developing plans to address identified issues/problems
  •  Ability to lead, plan, implement and evaluate program/project activities to ensure completion of initiatives
  •  Ability to exercise sound judgement in making decisions
  •  Ability to research, collect, organize and analyze information and prioritize work while meeting multiple deadlines
  •  Skill in using analytical software tools, data analysis methods and reporting techniques
  •  Skill in using computer applications including MS Office
  • Ability to work successfully as a member of a team and independently
  •  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 and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

If you are an applicant with a disability and need accommodations to complete the application process, email the TD Bank US Workplace Accommodations Program at [email protected]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.