Vendor Manager III

TD•Toronto, ON

5d•CA$96,900 - CA$136,800•Onsite

About The Position

You will join a dynamic and collegial team of legal professionals in the Legal Department and be involved in a wide range of activities working to advance strategic priorities while ensuring proper risk management. Collaborating with talented colleagues and partners in a variety of legal specializations, members of the Legal team are able to develop their skills every day. We will help you realize your full potential and achieve your career goals. From mentorship and training programs to leadership development, you will receive the support you need to help you to succeed.

Requirements

Undergraduate degree
7+ years of related experience

Responsibilities

Own the management of Third Party Business Arrangements through all stages of the TPML, in alignment with relevant Third Party frameworks, policies and standards
Initiate intake via a Sourcing Request and follow the TPRA process
Set up and onboard Third Parties post contract execution including the implementation of the governance structure and interaction models between key TD and Third Party stakeholders
Understand the financial terms of a Business Arrangement and monitor a Third Party's financial health to mitigate risk related to costs and services
Collaborate with internal stakeholders to support business needs by delivering a transition or termination of a Third Party
Support Lead VMOs in consolidating an enterprise view of the relationship with the Third Party in support of the Accountable Executive
Maintain strong relationships with internal stakeholders
Ensure integrity in dealing with Third Parties, complying with TD's Expense Policy, Enterprise Procurement Policy, Vendor Management Policy and Code of Conduct and Ethics
Focus on continuous improvements to facilitate entering into Third Party Business Arrangements and promote effective delivery
Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
Manage Third Party Business Arrangements through all stages of the TPML, in alignment with relevant frameworks, policies and standards
Monitor, analyze and report a Third Party's performance through delivery against SLAs, SLOs, KPIs or other contractual commitments
Identify issues and monitor trends with a Third Party in a responsive manner, to reduce risk in alignment with TPRM Policies and related Standards
Document Third Party risk issues, as per the TPRM Issues Management process and standards, escalate issues as appropriate, and partner with Third Party to develop a remediation plan to drive resolution
Participate in cross-functional 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 analysis at the functional level using results to draw conclusions, make recommendations, assess the effectiveness of programs or practices
Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists
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
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
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
Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally