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Vendor Analyst III - CPB Vendor Management (Vendor Performance Analyst III)

AT TD Bank
TD Bank

Vendor Analyst III - CPB Vendor Management (Vendor Performance Analyst III)

Toronto, Canada

Work Location:
Toronto, Ontario, Canada

Hours:
37.5

Line of Business:
Procurement & Sourcing

Pay Details:
$65,600 - $98,400 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.

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Job Description:

Department Overview

The Canadian Personal Banking Vendor Management Office (CPB VMO) is responsible for

best-in-class vendor management oversight and governance for vendor engagements within Canadian Personal Banking, Credit Cards, Real Estate Secured Lending as well as critical 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 reporting for a diverse group of vendor management professionals for an array of vendors, delivering financial analysis, invoice reconciliation, expense reporting while supporting contract negotiations, RFP analysis, Project, and Business case analysis.

Job Description

We are looking for a dynamic individual to join our team to support day-to-day activities such as financial management and reporting and analytics. Reporting to the Manager, Vendor Performance Management, the Vendor Performance Analyst will have the opportunity to work within a multi-functional, energetic, team-oriented environment to support a diverse group of vendor management professionals, partners, and stakeholders. The successful candidate will have the opportunity to take on new challenges in supporting the development of performance metrics & performance management models for existing and new vendor relationships.

Key responsibilities

  • Responsible for vendor invoice reconciliation/analysis for North American vendors supporting all Lines of Business including Canadian Personal Banking, Real Estate Secured Lending, and Credit Cards, Payments, Loyalty and Personal Lending.
  • Prepare monthly, quarterly, and annual plans/forecasts; working closely with the Line of Business Finance teams to deliver.
  • Analyze vendor financial performance, conduct variance reconciliation, and provide meaningful insights and commentary.
  • Contribute to the review of internal processes and identify operational efficiency opportunities.
  • Work with vendor managers, project teams and stakeholders to develop financial estimates for business cases, contract negotiations, and ad hoc analysis.
  • Develop solid and effective working relationships with Business Unit leadership team, Finance partners and other stakeholders by providing value added analysis, guidance and/or operational finance support.
  • 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

  • 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

Client-provided location(s): Toronto, ON, Canada
Job ID: TD_bank-R_1380662
Employment Type: Full Time