Vendor Management Specialist

1 day ago


Mount Laurel, New Jersey, United States TD Bank, N.A. Full time

Job Summary:

The Vendor Management Specialist at TD Bank, N.A. is responsible for managing Third-Party Business Arrangements through all stages of the Third-Party Management Lifecycle (TPML), in alignment with relevant frameworks, policies, and standards. This role requires a deep understanding of Business Arrangement terms, including key Third-Party and business segment or corporate function deliverables.

Key Responsibilities:

  • Manage Third-Party Business Arrangements, ensuring compliance with relevant frameworks, policies, and standards.
  • Monitor, analyze, and report on the performance of Business Arrangements, identifying and escalating issues to mitigate risk.
  • Act as a Lead Vendor Manager for strategic, critical, and complex relationships across multiple business segments or corporate functions, supporting the Accountable Executive that owns the Third-Party relationship.
  • Provide specialized business services, advisory, or process support within their area of specialty.
  • Exercise sound judgment in making decisions, considering multiple sources of information.
  • Communicate effectively with internal and external stakeholders, conveying business context and providing guidance within their field of specialty.

Requirements:

  • Undergraduate degree.
  • 3+ years of related experience.
  • Solid knowledge of Vendor Management, Business Arrangements, Third-Party Management Lifecycle framework/principles, policies, and procedures.
  • Knowledge of current and emerging competitor and market trends.
  • Knowledge of Risk Management environment, standards, and regulations.
  • Knowledge of budgetary management principles/practices/procedures.
  • Skills in identifying problems, reviewing related information, and developing/evaluating options and implementing solutions.
  • Ability to communicate effectively in both oral and written form.
  • Ability to work collaboratively and build relationships.
  • Ability to monitor, analyze, report, and assess adherence, performance, and risk of information, contractual terms, and/or delivery of services.

Preferred Qualifications:

  • 1+ year experience with SAP Ariba.

About TD Bank, N.A.:

TD Bank, N.A. is one of the world's leading global financial institutions, with a presence in Canada, the United States, and around the world. We deliver legendary customer experiences to over 27 million households and businesses, guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities, and colleagues.

Our Total Rewards Package:

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards, health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition.



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