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purchasing manager

Title posted on CareerBeacon - Vendor Manager III

Posted on June 21, 2025 by Employer details TD Bank

Job details

Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:Procurement &amp; SourcingPay Details:$91,200 - $136,800 CADTD 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:Manage 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.CUSTOMEROwn the management of Third Party Business Arrangements through all stages of the TPML, in alignment with relevant Third Party frameworks, policies and standardsInitiate intake via a Sourcing Request and follow the TPRA processSet up and onboard Third Parties post contract execution including the implementation of the governance structure and interaction models between key TD and Third Party stakeholdersUnderstand the financial terms of a Business Arrangement and monitor a Third Party's financial health to mitigate risk related to costs and servicesCollaborate with internal stakeholders to support business needs by delivering a transition or termination of a Third PartySupport Lead VMOs in consolidating an enterprise view of the relationship with the Third Party in support of the Accountable ExecutiveMaintain strong relationships with internal stakeholdersEnsure integrity in dealing with Third Parties, complying with TD's Expense Policy, Enterprise Procurement Policy, Vendor Management Policy and Code of Conduct and EthicsFocus on continuous improvements to facilitate entering into Third Party Business Arrangements and promote effective deliverySHAREHOLDERConsistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriateManage Third Party Business Arrangements through all stages of the TPML, in alignment with relevant frameworks, policies and standardsMonitor, analyze and report a Third Party's performance through delivery against SLAs, SLOs, KPIs or other contractual commitments Identify issues and monitor trends with a Third Party in a responsive manner, to reduce risk in alignment with TPRM Policies and related StandardsDocument Third Party risk issues, as per the TPRM Issues Management process and standards, escalate issues as appropriate, and partner with Third Party to develop a remediation plan to drive resolution Participate in cross-functional initiatives as a subject matter expert helping to identify risk / provide guidance for complex situationsConduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audienceConduct meaningful analysis at the functional level using results to draw conclusions, make recommendations, assess the effectiveness of programs or pr