Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$65,600 - $98,400 CAD

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.

Job Description:

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).

• Demonstrates subject matter expertise and maintains expert knowledge of best practices in TD Securities invoice allocation models, investigation recourse, process and delivery, and technology.

• 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:

• Demonstrate subject matter expertise and maintains expert knowledge of best practices in invoice payment and processing management and technology.

• 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

• Skill in using computer applications including MS Office

• 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 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

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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

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
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet