Work Location:

Cherry Hill, New Jersey, United States of America

Hours:

Pay Details:

$68,640 - $102,960 USD

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.

Line of Business:

Procurement & Sourcing

Job Description:

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

Depth & Scope:

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

Education & Experience:

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.

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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 base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. 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.

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

If you are an applicant with a disability and need accommodations 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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

TD Bank, N.A.

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