TD Bank-posted 3 months ago
$110,760 - $178,880/Yr
Full-time • Senior
Remote • Mount Laurel Township, NJ
Credit Intermediation and Related Activities

The Senior Vendor Manager manages Third Party Business Arrangements through all stages of the TPML, in alignment with relevant frameworks, policies and standards. Vendor Managers are expected to understand and maintain knowledge of Business Arrangement terms (including key Third Party and business segment or corporate function (TD) deliverables). Vendor Managers are also responsible for monitoring, analyzing and reporting on performance of Business Arrangements and identifying and escalating issues where identified in order to mitigate risk. On more strategic, critical and/or complex relationships across multiple business segments or corporate functions, role may also act as the Lead Vendor Manager supporting the Accountable Executive that owns TD's relationship with the Third Party. Recognized as expert within the company and requires significant in-depth and/or breadth of expertise in their in a complex field and knowledge of broader related areas. Senior specialist providing advisory services to executives, business segment leaders and governs the requirements for own work. Integrates knowledge of the enterprise function's or business segment's overarching strategy in leading program design, policy formulation or operating standards within one or more areas of expertise. Anticipates emerging business trends and regulatory/risk issues as a basis for recommending large-scale product, technical, functional or operations improvements. Serves as a source of expert advice to senior management in field of specialty. Advises on execution strategy and leads the development and deployment of functional programs or initiatives within their own field or across multiple specialties. Solves unique and ambiguous problems with broad impact; typically oversees standards, controls and operating methods that have significant financial and operational impact within the context of their own field. Requires innovative thinking to develop new solutions. Engages stakeholders to take action; serves as a source of expert advice, influences change; frames information in a broader organizational context. Provides leadership guidance, makes recommendations and collaborates with business to ensure solutions meets the business needs on a complex project or program. Identifies and leads problem resolution for project/ program complex requirements related issues at all levels.

  • Manage Third Party Business Arrangements through all stages of the TPML.
  • Monitor, analyze and report on performance of Business Arrangements.
  • Identify and escalate issues to mitigate risk.
  • Act as Lead Vendor Manager for strategic, critical and/or complex relationships.
  • Provide advisory services to executives and business segment leaders.
  • Integrate knowledge of enterprise function's strategy in program design.
  • Anticipate emerging business trends and regulatory/risk issues.
  • Engage stakeholders and influence change.
  • Lead development and deployment of functional programs.
  • Identify and lead problem resolution for complex project requirements.
  • Undergraduate degree.
  • 10+ years of related experience.
  • Advanced knowledge of Vendor Management and Third-Party Management Lifecycle.
  • Knowledge of current and emerging competitor and market trends.
  • Knowledge of Risk Management environment, standards and regulations.
  • Skill in identifying complex problems and developing solutions.
  • Ability to negotiate, persuade, influence, and communicate effectively.
  • Ability to monitor, analyze, report and assess adherence and performance.
  • Skill in using analytical software tools and data analysis methods.
  • Ability to work successfully as a member of a team and independently.
  • Sourcing experience.
  • Procurement experience.
  • Project management experience.
  • 3rd party risk understanding.
  • Legal background (contracts, vendor relations, suppliers, laws and regulations).
  • Base salary and variable compensation/incentive awards.
  • 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 programs.
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