Work Location:
Toronto, Ontario, Canada
Hours:
37.5
Line of Business:
Procurement & Sourcing
Pay Details:
$170,000 - $255,000 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.
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Job Description:
The Procurement Leader drives the strategic agenda within the Procurement function, covering Category Management, Business Governance, Sourcing Excellence, Procurement Operations, Contract Management, Workforce Management Programs, and ESG initiatives. This role also focuses on improving operational, process, financial, and stakeholder aspects across the ecosystem, and ensures TD's procurement strategies are effectively implemented, driving operational excellence and supporting the bank's broader goals.
Key Responsibilities:
Contract Management & Central Buying:
• Lead a team to negotiate and manage agreements with vendors, ensuring compliance and performance.
• Oversee third-party performance, including delivery, contract compliance, and recovery activities.
Operational Procurement:
• Manage procurement processes like Purchase Order creation and receiving.
• Develop a category management framework to optimize third-party spend and align with business goals.
• Oversee the Sourcing Centre of Excellence, setting guidelines and best practices.
Technology Strategy & Support:
• Define and implement IT strategies for procurement needs.
• Manage technical issues and solutions, including tools like Ariba.
• Drive continuous improvement in procurement processes and automation.
Data Management:
• Ensure data management policies are implemented and followed.
• Lead data analytics, governance, and reporting.
• Oversee Procurement M&A activities and manage External Workforce Programs.
Third Party Risk Management:
• Handle risk assessment and due diligence for third-party management.
• Manage strategic third parties and provide guidance on TPM strategies.
• Lead ESG initiatives to align with the bank's framework and promote diversity.
Shared Accountabilities:
• Partner with the VP of Procurement to drive consistent strategies and savings.
• Follow TD's procurement and risk management policies.
• Support the TD Ready Commitment through responsible sourcing and supplier diversity.
Job Requirements:
• Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field.
• 10+ years of progressive experience in procurement, accounts payable, or related financial operations, including at least 5 years in a leadership role.
• Solid grasp of negotiation strategies and the ability to apply them effectively.
• Proven effectiveness in leading procurement strategies, optimizing operations, and implementing compliance frameworks, achieving measurable outcomes in cost savings, efficiency, and risk mitigation.
• Track record of driving process improvements and delivering results through data-driven decision-making.
• Ability to navigate a matrix and complex environment, managing diverse stakeholders, interdisciplinary collaborations, and dynamic priorities with adaptability, strategic coordination, and effective communication.
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