Vendor Manager

Vendor Manager Location: Toronto, ON Onsite Flexibility: Hybrid — 4 days in office, 1 day work from home Contract Details Position Type: ContractContract Duration: 3 months (with potential extension and conversion based on business needs and performance)Pay Rate: C$50.00–C$60.00 / Hour (CAD)Shift / Schedule: Monday–Friday, core business hours — 37.5 hours per week, 7.5 hours per dayTravel Requirements: Not required --- Job Summary The Strategic Sourcing Manager is a strategic, results-driven sourcing professional responsible for technology categories including infrastructure, engineering, network services, private and public cloud, data centers, employee enablement tools and storage. Working in collaboration with business partners, technology stakeholders, enterprise control functions, vendor management and suppliers, this role develops and executes sourcing strategies that deliver sustainable value through proactive pipeline planning, market intelligence, supplier selection, commercial negotiation, contract execution readiness and total cost of ownership analysis. The role also supports risk management, governance requirements and enterprise objectives, requiring strong communication, stakeholder management and influencing skills, along with awareness of emerging technology trends, including AI-enabled tools. --- Key Responsibilities Customer Act as a liaison with business partners, providing direction and support to enable TD and business-specific objectives and goalsPresent research findings and make recommendations to management that support category and business partner strategiesDevelop sourcing pipelines and category strategies for assigned technology categories in partnership with business, technology, vendor management, risk and enterprise stakeholdersLead requirements gathering, supplier evaluation and supplier selection activities to support informed procurement decisionsDrive value through early engagement, market knowledge, commercial acumen, pricing analysis and total cost of ownership considerationsLead RFx, supplier negotiation and deal structuring activities, including commercial terms, contract terms, supplier risk and governance considerations, while driving negotiations to conclusion within required cycle timesDeliver effective sourcing services to business partners and support timely resolution of sourcing, contracting and procurement-related issues through deal execution Shareholder Ensure work adheres to enterprise frameworks and methodologies related to overall business management activitiesLead relationships with corporate and/or control functions to ensure alignment with enterprise and/or regulatory requirementsPartner with vendor management throughout the sourcing lifecycle to align on supplier risk, approval readiness and transition of executed agreements for post-signature oversightRecommend and implement sourcing process improvements that enhance efficiency, transparency, control effectiveness and stakeholder experienceStay knowledgeable on emerging issues, trends and evolving regulatory requirements and assess potential impacts to the BankAssess / identify key issues and escalate to appropriate levels and relevant stakeholders and business management where requiredIdentify, mitigate and report on risk issues per enterprise policy / guidance and ensure appropriate escalation processes are followedEnsure 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)Lead or contribute to cross-functional / enterprise initiatives as an organizational or subject matter expert helping to identify risk / provide guidance for complex situationsProtect the interests of the organization – identify and manage risks, and escalate non-standard, high risk transactions / activities as necessarySupport the facilitation of action plans to address sourcing, risk, governance or approval-related issues identified during the procurement lifecycleMaintain a culture of risk management and control, supported by effective processes in alignment with risk appetite Employee / Team Cultivate and model the Colleague Promise to support a culture of care, make an impact at work and in our communities, and represent TD's brandConnect individual contributions with the TD Shared CommitmentsContribute to an inclusive and collaborative environment where colleagues and customers are valued, respected and listened toDemonstrate inclusive behaviours by taking meaningful action with intention to support colleagues and customers across all dimensions of diversity and collaboration to drive successful resultsEnable a continuous learning culture by proactively seeking, listening to and actioning feedback from peers and colleagues to continuously improve the colleague experience and grow personal leadershipShare knowledge, information, skills and subject matter expertise; support timely escalation of issues and collaboration with other functions and teamsLead through change by modeling resiliency and flexibility, adapting to changing priorities and supporting innovation Breadth & Depth Engage with professionals across a diverse area of moderate risk, complexity or scope to support project / initiative success and achieve business resultsEnsure an integrated approach with other business areas, broader organization, and enterprise as appropriateCoordinate and prioritize multiple initiatives and manage competing timelinesEstablish effective relationships with stakeholders, business sponsors, executives and LOBsProvide support and contribute to the overall discipline and strategy for respective areasDeep knowledge and understanding of businesses / technology, and organizational practices / disciplinesApplies market intelligence and knowledge of external competition, industry trends and technology supplier ecosystems to inform sourcing strategies, supplier decisions and risk considerationsDemonstrates awareness of AI-enabled tools, vendor capabilities and evolving technology trends, including how AI may be incorporated into technology solutions and the related commercial, risk and scalability considerationsOperates effectively in a fast-paced, highly regulated environment with moderate to high complexity, multiple stakeholders and evolving business prioritiesGenerally reports to a Senior Group Manager, Strategic Sourcing --- Required Skills 8 years of experience within strategic sourcing practicesStrong negotiation skills (SOWs, POCs, MSAs, NDAs, commercial terms, pricing, etc.)Experience within a highly regulated environment (banking, financial institutions, healthcare, or similar)Strong understanding of contract terms, deal structure, supplier risk considerations and technology procurement lifecycle requirementsStrong communication skills – written and verbalSelf-starter with a high degree of initiative and who is resourcefulStrong attention to detailStrong interpersonal skillsStrong stakeholder managementStrong time management and prioritizationProject management skills --- Preferred Skills Supply chain certificationsBanking, financial, or healthcare industry experienceExperience with procurement tools such as Ariba and Coupa --- Required Experience Minimum 8 years of experience within strategic sourcing practices --- Education Requirements Post-secondary education is an assetSupply chain certifications are an asset --- Medical, Vision, and Dental Insurance Plans401k Retirement Fund --- About the Client This client is a top 10 North American bank delivering comprehensive retail, commercial, and wealth management solutions to millions of customers across Canada and the United States. With a significant presence in both domestic and international markets, the organization employs tens of thousands of professionals including strategic sourcing managers, procurement specialists, vendor managers, technology stakeholders, and enterprise risk and compliance professionals who collaborate across highly regulated business units to advance the bank's operational and strategic goals. --- About GTT GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada. --- Job Number: 26-12879 #gttca