Strategic Sourcing Manager II (US)

About the role

The Strategy Sourcing Manager II is the lead on major category sourcing initiatives and/or portfolios and execution of the sourcing mandate for assigned portfolio(s). This role provides professional and specialized support on a range of complex/major sourcing initiatives and category portfolio.

Responsibilities

• Lead the development and execution of category and sourcing strategies for complex portfolios or multiple related initiatives, accountable for delivering value, managing risk, and ensuring alignment with TD's procurement standards and risk appetite.
• Lead sourcing initiatives and supplier engagements within assigned portfolios, ensuring alignment to procurement policies, controls, and risk requirements.
• Lead complex supplier negotiations and commercial decision-making for assigned categories or initiatives, accountable for negotiation outcomes, total cost of ownership optimization, and alignment with business objectives.
• Lead or contribute to cross-functional sourcing initiatives within and across portfolios, providing subject matter expertise on complex sourcing, commercial, or risk-related matters.
• Synthesize market intelligence, supplier insights, financial analysis, and risk considerations into clear, defensible recommendations for senior stakeholders, articulating trade-offs and implications.
• Leverage advanced analytics, scenario modeling, and AI-enabled insights to accelerate option development and improve decision quality, while retaining accountability for judgment-based decisions, escalation, and exception handling.
• Lead a portfolio of work and may span multiple initiatives.
• Lead complex sourcing initiatives spanning a portfolio of Core Operations and/or Technology related sourcing engagements across a range of complexity and risk levels.
• Communicate proactively and transparently with team members, stakeholders, and partners, ensuring alignment on priorities, progress, risks, and dependencies.
• Advise on complex trade-offs across commercial, risk, and stakeholder considerations.
• Drive sourcing outcomes across portfolios with material impact.
• Act as liaison with business/executives and provide sourcing expertise and recommendations to business partners to optimize Sourcing strategies to enable TD and business specific objectives and goals.
• Within category specialty, support business partners by contributing to governance programs and management programs.
• Manage strategic sourcing strategies and initiatives that support TD and business partner needs and objectives as well as help to mitigate risks to the organization.
• May provide guidance on Sourcing/outsourcing best practices.
• Lead supplier negotiations to maximize total cost of ownership in a given portfolio and work with business partners.
• Adhere to enterprise frameworks or methodologies that relate to sourcing activities for our business area.
• Ensure respective sourcing programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities.
• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate.
• 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).
• Participate in cross-functional/SSG enterprise/initiatives as a subject matter expert helping to identify risk/provide guidance for complex situations.
• Conduct internal and external research projects; support the development/delivery of presentations/communications to management or broader audience.
• Conduct meaningful SSG analysis at the functional or enterprise level using results to draw conclusions, make recommendations, assess the effectiveness of programs/policies/practices.
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/points of interest.
• Provide thought leadership and/or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit.
• Participate in personal performance management and development activities, including cross training within own team.
• Keep others informed and up-to-date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities.
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Act as a brand ambassador for the business area/function and the bank, both internally and/or externally.
• Lead cross-functional teams or projects with significant resource requirements, risk and/or complexity.
• Impact the achievement of sub-function or business line objectives within the area they are accountable for.
• Work is guided by policies and industry standards/methods.

Qualifications

• Post-Secondary Education and/or 7+ years of related experience.
• Highly seasoned professional role requiring substantial knowledge of Sourcing and procurement and/or knowledge of broader related areas.
• 5+ years of progressively senior related experience preferred.
• Supply chain certification preferred.

Pay

$91,000 - $136,240 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.

Schedule

Hours: 40

Work Location

Mount Laurel, New Jersey, United States of America