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Senior Vendor Analyst

TD Bank Group (TD)

TD Bank Group (TD)

IT
Toronto, ON, Canada
Posted on Dec 8, 2024

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$76,800 - $115,200 CAD

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.

Job Description:

The Canadian Personal Banking (CPB) Vendor Management Office (VMO) is responsible for best-in-class vendor management oversight and governance for vendor engagements within Canadian Personal Banking, Credit Cards, Real Estate and Unsecured Lending as well as a number of critical enterprise vendor relationships that we manage at the Enterprise level. Our responsibilities include robust assessment of vendor risks, adherence to regulatory/compliance policies and controls, expense management and payments, and ongoing vendor relationship management.

The Vendor Performance Management Team supports financial expense management and vendor performance metric reporting for a diverse array of vendors, delivering financial analysis, invoice reconciliation, expense reporting while supporting contract negotiations, Request for Proposal (RFP) analysis, Project, and Business case analysis.

Job Description

We are looking for a highly motivated and a dynamic individual to join our team within Vendor Performance Management. The Senior Vendor Analyst will be responsible for accurate calculation, validation, reporting and forecasting of Vendor Performance. Also, the SVA will be focused on process enhancements using PowerBI. The team works closely with various partners across the VMO and Finance professionals. This team comprises of multi-functional, energetic and are high performing individuals who support a diverse group of vendor management professionals, partners, and stakeholders. The successful candidate will take on new challenges in supporting the development of new performance metrics, performance management models & contractual service level agreements for existing and new vendor relationships.

Key responsibilities

  • Oversee the consolidation, reporting and analysis for monthly and quarterly results, planning and forecasting.

  • Partner with Finance for month-end accounting and financial processes.

  • Provide/review insightful and relevant commentary to senior management on business results, forecast and Plan that provide a reasonable view of the future for the business to improve decision-making.

  • Assist in the development and review of presentation materials intended to communicate business results to executives. Summarize large amounts of information into meaningful key messages.

  • Proactively identify business opportunities warranting further review and analysis; identify and assist business in solving any financial challenges.

  • Lead Internal process standardization/optimization efforts for the team to get to the Target Operating Model using Macros and PowerBI.

  • Responsible for ensuring the team is compliant within Business Managed Technology (BMT) Policies.

  • Manage day-to-day inquiries from project and product teams and other Stakeholders related to the vendor pricing/spending.

  • Act as a knowledge leader for each area's accountabilities and performance.

  • Create and deliver ad-hoc analyses, special projects/reports and training as required to aid partner understanding.

  • Participate fully as a member of the team and contribute to a positive work environment that encourages productivity, professionalism, and teamwork.

Job Requirements

Qualifications / Competencies:

  • Undergraduate degree in business.

  • 4+ years of experience in a business or banking environment.

  • Previous experience in planning, forecasting, and financial analysis. Experience supporting Vendor Manager preferred.

  • Experience in dealing with 3rd party vendors would be an asset.

  • Experience using financial reporting systems (e.g., Macros, Tableau, and PowerBI).

  • Highly proficient in MS Excel.

  • Strong business acumen and analytical capabilities.

  • Proven track record and experience in leading continuous improvement or process improvement projects and initiatives.

  • Excellent written and verbal communication skills and strong interpersonal skills.

  • Proactive self-starter with abilities to work both independently and with a team.

  • Must be able to think conceptually (“out-of-the-box”) and have a high degree for attention to detail.

  • Proficient in time management and demonstrated adaptability when changes are required.

  • Must be able to work with minimal supervision in an unstructured and fast-paced environment.

  • Strong comfort level in presenting to executives.

  • Ability to proactively follow up on identified issues and work toward resolution.

  • Demonstrates excellent judgment and professionalism when dealing with various partners.

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. 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.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.


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
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.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet