TD Bank Strategic Sourcing Associate Manager - Third Party Risk Associate Mgr in Mount Laurel, New Jersey

Auto req ID 199965BR

Job Title Strategic Sourcing Associate Manager - Third Party Risk Associate Mgr

Job Status Full Time

Country United States

Province/State New Jersey

City1 Mount Laurel

Location 3000 Atrium Way

Business line Corporate

Job Category - Primary Finance | Accounting

Job Category(s) Finance | Accounting

TD Description About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. at http://www.tdbank.com/ Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com at http://www.td.com/ .

Job Description

The Strategic Sourcing Associate Manager provides professional and specialized support on assigned category portfolios.

Job Requirements

. Effectively organizes, influences, and manages Core Teams and cross-functional core teams

. Works with the business and influence or intervenes in vendor negotiations on behalf of internal clients when necessary

. Presents research findings and make recommendations to management that support category and business partner strategies

. Assists with supplier negotiations to maximize price/performance in a given category and works with business partners to influence or

intervene in supplier negotiations when necessary

. Guides team members within area of specialty, acts as a resource, sharing knowledge/expertise with management, the team, and

business partners

. Provides guidance to other team members with respect to research/analysis

. Participates in and/or leads action plans to address items identified on Employee satisfaction surveys

. Manages the development and completion of the RFI/RFP bid process

. Leads research of supply markets, supply chain dynamics, industry trends and identifies category or industry-specific leverage

opportunities

. Leads analysis of internal and external research data to gain a solid understanding of the key drivers behind category

. Remains current on category market intelligence

. Contributes to delivering of results in sourcing activity savings and cost avoidance for category specialty

. Conducts demand management and category value optimization analysis and makes strategy recommendation to category manager

. Assists in the formulation of sourcing strategy and with presentations to the core team and senior management

. Assists or leads in preparation and presentation of all internal/external meetings

. Formulates and prepares pricing modules, re-bids and oversee pricing analysis

. Ensures due diligence is applied in all aspects of the sourcing process

. Collects, documents, and shares category knowledge

. Provides expertise in the preparation of RFIs, RFPs and SLAs, contracts & negotiation documentation

. Develops a working knowledge of Outsourcing Governance best practices

. Contributes to the vendor selection process ensuring proper procedures/protocols are followed

. May influence and/or intervene in vendor negotiations as required

Qualifications

. 4 Year Degree or equivalent experience

. 5+ Years of related experience

. Must have excellent negotiating and influencing skills to be utilized during internal and external negotiations.

. Must have strong Relationship Management skills, negotiation skills, Project Management experience, strong presentation and

analytical skills.

. Must have general knowledge of Strategic Sourcing lifecycle.

. Specialized knowledge of the business and industry required to assess potential vendors.

. Must have general knowledge of the TD Bank organizational structure, including the main business groups and their functions, key

contact points.

. Proficiency with applications: Excel, Word, PowerPoint and/or other office tools.

. May be required to travel to various business unit/client locations.

Preferred:

*Third Party Risk Management and QA/QC experience

• Perform QA/QC testing to verify effectiveness of controls throughout the Third Party Risk Management Lifecycle, and compliance with the requirements in accordance to the TPRM (Third Party Risk Management)Policy, Framework, and Standard

• Create QA/QC testing programs or modify existing testing programs

• Deliver quality testing documentation and reporting of testing results, gaps, and opportunities for enhancement

• Verify completion of planned remediation actions

• Verify appropriate governance and oversight for the identified third party risk profiles, including issues management and reporting

• Identify trend or themes in reported issues

• Prepare ad-hoc reporting for upper management

• Work in a collaborative manner with TPRM, Risk Oversight Functions, and Strategic Sourcing

• Contribute to the success of the newly created TPRM QA/QC department by being part of the design of or enhancement to training, testing program, and tools/templates

• Provide guidance to other TPRM QA/QC team members in the performance of their tasks and responsibilities, including performing quality review of testing report and documentation

• Manage and effectively communicate to various stakeholders involved in planning, performance, and reporting of QA/QC testing

Inclusiveness

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach her/his potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.

**Province/State (Primary) New Jersey

City (Primary) Mount Laurel