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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 over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_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.
We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.
Department Overview
TD Bank Business Group spends around $8B each year with vendors. Strategic Sourcing Group's (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this third party spend and the expertise of our key suppliers to meet our needs, reduce total cost, and mitigate supply-related risks.
Our role is global in scope and we have just embarked on a journey to transform the way we do sourcing, purchasing and vendor management within our department and more broadly across the organization.
Our team is comprised of ~200 people who are in various TDBG locations across North America.
Business Operations, Strategic Sourcing, lead the optimization of TD's spend for goods and services, while protecting the Bank from unnecessary risk through close collaboration with business stakeholders, Third Party Risk Management (TPRM) as well as the various enterprise risk partners (e.g., Legal, Enterprise Protect, Privacy). The Business Operations Sourcing team is accountable for the overall procurement of Human Resources, Marketing, Travel, Real Estate, Insurance Claims and Operations categories across TD
Job Requirements
• 4 Year Degree or equivalent experience
• 3-5 Years of related sourcing experience
• Excellent financial analysis and management reporting skills
Ability to analyze large volume of information and financial data to develop concise findings for recommendation to
stakeholders and/or management
•
• Excellent verbal and written communication skills
• Strong mind set of value add contribution and continuous process improvement
• Ability to work in a dynamic changing environment
• Proficiency of Microsoft Office Suite of tools
• Good working knowledge of other database software including Microsoft Access
• Knowledge in procurement systems (e.g. Accounts Payable) and experience with supplier spend/relationship are an asset
Job Description
Manages the Analytics and Reporting team focusing on the U.S. environment of SSG, assigning responsibilities and
evaluating results; provides leadership, coaching, counseling and guidance to staff
•
• Develops, assigns and monitors plans to ensure completion of goals and objectives
• Resolves escalated issues and problems by conferring with internal and external stakeholders as necessary
Manages key relationships with internal (e.g. sourcing teams) and external stakeholders (e.g. U.S. Finance) for effective
performance metrics and sourcing reporting
•
Supports and participates in the development and implementation of Knowledge Management deliverables into the US
environment
•
Proactively tracks and reports sourcing savings against SSG savings targets in support of the close management of SSG's
performance progress
•
Supports tracking of contract value realization, and promotes business compliance to regulatory requirements and Company
polices and guidelines
•
Manages preparation of high quality reporting and applicable commentaries on supplier spend, sourcing savings and
management performance metrics
•
• Ensures close collaboration with U.S. Finance in working to convert cash savings into P&L saves
Supports supplier spend analysis collaborating with Sourcing teams, business and Finance to identify material savings
opportunities for the Bank
Monitors and/or analyzes closely a targeted set of supplier spend data in support of building out the sourcing category focus
for SSG
•
Ensures effective validation of sourcing protocol reports and savings models and methodology, as well as baseline verification for accurate reporting of sourcing savings
•
• Protects TD Bank's interest by escalating and/or resolving pertinent issues
Responsible for supplier spend and savings analytics and reporting for sourcing initiatives primarily focusing on our U.S. spend
Works closely and collaboratively with the Canadian Analytics and Reporting team for overall reporting of TD's North American sourcing activities
sourcing activities
•
Develops key performance metrics for the U.S. SSG teams collaborating with the Canadian Team for a North American SSG view
• Supports management requests for reporting based on various performance measures/data within the sourcing environment
• Develops appropriate communication plans and actions to support internal and external partners for reporting requirements
• Ensures processes are in place to provide credible data for analysis and measurement purposes
• Manages the research and analysis of new reporting requirements
• Monitors actual results and proactively highlight reporting exceptions to management
Oversees measurement and reporting of client satisfaction levels for SSG in support of managing relationship with business partners
• Provides data extracts, queries and analytical support to internal and external stakeholders as required
• Participates in delivery of applicable Knowledge Management functions to the SSG teams in the US
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 their 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.
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 over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_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.
We offer a competitive salary and benefit program, including: comprehensive, affordable health care through medical, dental, and vision coverage; financial security with life and disability insurance; opportunities to save using health savings and flexible spending accounts; retirement benefits to help prepare for the future; paid time off and work/life benefits to maintain a good balance.
Department Overview
TD Bank Business Group spends around $8B each year with vendors. Strategic Sourcing Group's (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this third party spend and the expertise of our key suppliers to meet our needs, reduce total cost, and mitigate supply-related risks.
Our role is global in scope and we have just embarked on a journey to transform the way we do sourcing, purchasing and vendor management within our department and more broadly across the organization.
Our team is comprised of ~200 people who are in various TDBG locations across North America.
Business Operations, Strategic Sourcing, lead the optimization of TD's spend for goods and services, while protecting the Bank from unnecessary risk through close collaboration with business stakeholders, Third Party Risk Management (TPRM) as well as the various enterprise risk partners (e.g., Legal, Enterprise Protect, Privacy). The Business Operations Sourcing team is accountable for the overall procurement of Human Resources, Marketing, Travel, Real Estate, Insurance Claims and Operations categories across TD
Job Requirements
• 4 Year Degree or equivalent experience
• 3-5 Years of related sourcing experience
• Excellent financial analysis and management reporting skills
Ability to analyze large volume of information and financial data to develop concise findings for recommendation to
stakeholders and/or management
•
• Excellent verbal and written communication skills
• Strong mind set of value add contribution and continuous process improvement
• Ability to work in a dynamic changing environment
• Proficiency of Microsoft Office Suite of tools
• Good working knowledge of other database software including Microsoft Access
• Knowledge in procurement systems (e.g. Accounts Payable) and experience with supplier spend/relationship are an asset
Job Description
Manages the Analytics and Reporting team focusing on the U.S. environment of SSG, assigning responsibilities and
evaluating results; provides leadership, coaching, counseling and guidance to staff
•
• Develops, assigns and monitors plans to ensure completion of goals and objectives
• Resolves escalated issues and problems by conferring with internal and external stakeholders as necessary
Manages key relationships with internal (e.g. sourcing teams) and external stakeholders (e.g. U.S. Finance) for effective
performance metrics and sourcing reporting
•
Supports and participates in the development and implementation of Knowledge Management deliverables into the US
environment
•
Proactively tracks and reports sourcing savings against SSG savings targets in support of the close management of SSG's
performance progress
•
Supports tracking of contract value realization, and promotes business compliance to regulatory requirements and Company
polices and guidelines
•
Manages preparation of high quality reporting and applicable commentaries on supplier spend, sourcing savings and
management performance metrics
•
• Ensures close collaboration with U.S. Finance in working to convert cash savings into P&L saves
Supports supplier spend analysis collaborating with Sourcing teams, business and Finance to identify material savings
opportunities for the Bank
Monitors and/or analyzes closely a targeted set of supplier spend data in support of building out the sourcing category focus
for SSG
•
Ensures effective validation of sourcing protocol reports and savings models and methodology, as well as baseline verification for accurate reporting of sourcing savings
•
• Protects TD Bank's interest by escalating and/or resolving pertinent issues
Responsible for supplier spend and savings analytics and reporting for sourcing initiatives primarily focusing on our U.S. spend
Works closely and collaboratively with the Canadian Analytics and Reporting team for overall reporting of TD's North American sourcing activities
sourcing activities
•
Develops key performance metrics for the U.S. SSG teams collaborating with the Canadian Team for a North American SSG view
• Supports management requests for reporting based on various performance measures/data within the sourcing environment
• Develops appropriate communication plans and actions to support internal and external partners for reporting requirements
• Ensures processes are in place to provide credible data for analysis and measurement purposes
• Manages the research and analysis of new reporting requirements
• Monitors actual results and proactively highlight reporting exceptions to management
Oversees measurement and reporting of client satisfaction levels for SSG in support of managing relationship with business partners
• Provides data extracts, queries and analytical support to internal and external stakeholders as required
• Participates in delivery of applicable Knowledge Management functions to the SSG teams in the US
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 their 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.
