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About the Role

The Strategic Sourcing Manager is responsible for developing and executing sourcing strategies for technology categories, including infrastructure, cloud, and network services. This role collaborates with business partners, technology stakeholders, and suppliers to deliver sustainable value through proactive planning, market intelligence, negotiation, and total cost of ownership analysis. It also supports risk management and enterprise objectives, requiring strong communication and influencing skills, with an awareness of emerging technology trends.

Responsibilities

Act as a liaison with business partners, providing direction and support to enable TD and business-specific objectives and goals.
Present research findings and make recommendations to management that support category and business partner strategies.
Develop sourcing pipelines and category strategies for assigned technology categories in partnership with business, technology, vendor management, risk and enterprise stakeholders.
Lead requirements gathering, supplier evaluation and supplier selection activities to support informed procurement decisions.
Drive value through early engagement, market knowledge, commercial acumen, pricing analysis and total cost of ownership considerations.
Lead RFx, supplier negotiation and deal structuring activities, including commercial terms, contract terms, supplier risk and governance considerations, while driving negotiations to conclusion within required cycle times.
Deliver effective sourcing services to business partners and support timely resolution of sourcing, contracting and procurement-related issues through deal execution.
Ensure work adheres to enterprise frameworks and methodologies related to overall business management activities.
Lead relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirements.
Partner with vendor management throughout the sourcing lifecycle to align on supplier risk, approval readiness and transition of executed agreements for post-signature oversight.
Recommend and implement sourcing process improvements that enhance efficiency, transparency, control effectiveness and stakeholder experience.
Stay knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the Bank.
Assess / identify key issues and escalate to appropriate levels and relevant stakeholders and business management where required.
Identify, mitigate and report on risk issues per enterprise policy / guidance and ensure appropriate escalation processes are followed.
Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets).
Lead or contribute to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situations.
Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk transactions / activities as necessary.
Support the facilitation of action plans to address sourcing, risk, governance or approval-related issues identified during the procurement lifecycle.
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
Cultivate and model the Colleague Promise to support a culture of care, make an impact at work and in our communities, and represent TD's brand.
Connect individual contributions with the TD Shared Commitments.
Contribute to an inclusive and collaborative environment where colleagues and customers are valued, respected and listened to.
Demonstrate inclusive behaviours by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity and collaboration to drive successful results.
Enable a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and colleagues to continuously improve the colleague experience and grow personal leadership.
Share knowledge, information, skills and subject matter expertise; support timely escalation of issues and collaboration with other functions and teams.
Lead through change by modeling resiliency and flexibility, adapting to changing priorities and supporting innovation.
Engage with professionals across a diverse area of moderate risk, complexity or scope to support project / initiative success and achieve business results.
Ensure an integrated approach with other business areas, broader organization, and enterprise as appropriate.
Coordinate and prioritize multiple initiatives and manage competing timelines.
Establish effective relationships with stakeholders, business sponsors, executives and LOBs.
Provide support and contribute to the overall discipline and strategy for respective areas.

Requirements

Post-Secondary Education and / or 7+ years of related experience.
Demonstrated experience with strategic sourcing practices, RFx execution, supplier negotiations, contract interpretation and procurement tools such as SAP Ariba and Coupa.
Experience working in a highly regulated environment with strong commercial acumen, analytical capability and stakeholder management skills.
Strong understanding of contract terms, deal structure, supplier risk considerations and technology procurement lifecycle requirements.

Skills

Strategic sourcing
RFx execution
Supplier negotiations
Contract interpretation
SAP Ariba
Coupa
Commercial acumen
Analytical capability
Stakeholder management
Risk management
Governance
Emerging technology trends
AI-enabled tools

Location

Toronto, Ontario, Canada

Work Type

Full-time

Experience Level

7+ years of related experience

Education Level

Post-Secondary Education

Salary/Compensations

$96,900 - $136,800 CAD

Benefits

Health and well-being benefits
Savings and retirement programs
Paid time off
Banking benefits and discounts
Career development
Reward and recognition programs
Training programs
Online learning platform
Mentoring programs

About the Company

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 strive to make every interaction, product, and experience remarkably human and refreshingly simple for 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 foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience.
TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing.
Together, we are reimagining what banking can be for our clients, colleagues and communities.

Equal Opportunity

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.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals.
Here at TD, we hire and develop the best.
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.