TD Description
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Department Overview
TDBG spends around $6B 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, TRMIS, 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.
The Sourcing Manager, is a results-driven team player who works in collaboration with businesses and colleagues to develop and implement sourcing strategies that deliver sustainable value by optimizing 3rd-party expenditure and total cost of ownership while mitigating supply-related risks. In this capacity, the person will interface with stakeholders across the organization, internal business partners, subject matter experts, other members of SSG and 3rd-parties in developing and implementing BU-specific sourcing strategies.
Reporting to the Senior Sourcing Manager, play a key lead role with accountabilities as follows:
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