Vendor Manager III (US)

TD Bank • Laurel, FL

293d • $86,840 - $130,000 • Remote

About The Position

The Vendor Manager III 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. Expert level professional role requiring substantial knowledge / expertise in a complex field and knowledge of broader related areas. Integrates knowledge of the enterprise sub-function's or business line's overarching strategy in developing solutions across multiple functions or operations. Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services. Acts as a lead integrating cross-function understanding within their own field of specialty; with significant resource requirements, risk and / or complexity. Independently manages business arrangements. Solves or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions. Uses sophisticated analytical thought to exercise judgement and identify solutions. Impacts the achievement of sub-function or business line objectives within the area they are accountable for. Supports advanced methods to contribute to new solutions and recommend standards against which others will operate. Communicates difficult concepts; converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders. Works autonomously as the lead and guides others within area of expertise.

Requirements

• Undergraduate degree.
• 7+ 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, influence, and communicate effectively.
• Ability to monitor, analyze, report and assess adherence and performance.

Nice To Haves

• Previous experience in Vendor Management, Sourcing, and/or Risk Management.
• Contract management and expense management expertise.
• Strong presentation skills.

Responsibilities

• 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 the Lead Vendor Manager for strategic, critical, and complex relationships.
• Integrate knowledge of enterprise sub-function's or business line's overarching strategy.
• Interpret internal/external business challenges and recommend best practices.
• Independently manage business arrangements and solve complex problems.
• Communicate difficult concepts and influence senior stakeholders.

Benefits

• 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 opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree