Procurement Analyst II

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$59,500 - $84,000 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

We are the TD Procurement team dedicated to supporting TD Securities (TDS)—a fast‑growing and dynamic division (also known on the street as Capital Markets). Our team plays a critical role in enabling TDS to operate efficiently, responsibly, and competitively as we engage with third‑party partners across the globe.

We offer two distinct career paths, each supporting a different stage of the third‑party lifecycle:

1. Sourcing (Day 1 Activities)

Our Sourcing professionals lead the front‑end of the procurement process, including:

• Managing competitive bid events (e.g., RFx)
• Running vendor selection processes
• Leading contract negotiations
• Partnering with the business to develop sourcing strategies and drive value

This path is ideal for individuals who enjoy strategic problem‑solving, market analysis, negotiation, and working closely with internal partners and suppliers from day one.

2. Vendor Management (Day 2 Activities)

Our Vendor Managers support all post‑contract activities to ensure long‑term value, compliance, and operational excellence, including:

• Ongoing contract management
• Supplier performance oversight
• Risk, compliance, and control management
• Relationship management with third‑party partners throughout the life of the contract

This path is well‑suited for those who excel in governance, relationship building, risk management, and continuous improvement.

In this role you will interface with stakeholders across the organization, internal business partners, subject matter experts, other members of SSG and 3rd-parties to support the execution of the sourcing needs across the Bank.

CUSTOMER

• Manage sourcing initiatives covering a range of complexity that support TD and business partner needs and objectives as well as help to mitigate risks to the organization
• Responsible for the management and support of all SSG purchasing tools and is a subject matter expert on PO's, e-Auctions and Contract Compliance within the Ariba tool
• Responsible for placing PO's, coordinating with vendors and tracking PO progress.
• Ensure the accuracy of purchase requisitions, PO details and vendor invoicing
• Manage issues with PO's in an efficient and timely manner. Ensure data accuracy within the tools and provide recommendations of ways to operate in more efficient and cost-effective manner
• Proactively engages with the Strategic Sourcing Functions and Purchasing Team to identify new opportunities to leverage purchasing tools and processes, and/or eAuction related buying strategies
• Ensure effective delivery of Strategic Sourcing Group (SSG) services to business partners
• May support the monthly reporting and tracking for departmental KPI's and Savings Targets
• Ensure data accuracy within the tools and provide recommendations of ways to operate in more efficient and cost-effective manner
• Ability to analyze large sets of data, providing detailed information to support Strategic Sourcing Group (SSG) buying/ sourcing decisions

SHAREHOLDER

• Consistently exercise discretion in managing correspondence, information and all matters of confidentiality; escalate issues where appropriate
• Be knowledgeable of sourcing practices and procedures within own area of responsibility and keep abreast of emerging trends for own functional area
• Protect the interests of the organization – identify and manage risks, and escalate non-standard, high risk activities as necessary
• Conduct internal and external research projects; support the development / delivery of presentations / communications to management or broader audience
• Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exists
• Acquire and apply sourcing expertise, provide guidance, assistance and direction to others
• Identify, recommend, and effectively execute standard practices applicable to the discipline
• Adhere to internal policies/procedures and applicable regulatory guidelines
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

EMPLOYEE / TEAM

• 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
• Support the team by continuously enhancing knowledge / 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 the success of the team by willingly assisting others in the completion and performance of work activities; provide training, coaching and/or guidance as appropriate.
• 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

BREADTH & DEPTH

• Professional role with a focus on providing functional specialized business services, advisory or process / program support for own area of specialty, within defined parameters
• Requires sound conceptual knowledge sourcing / procurement practices and procedures
• Typically no supervisory accountability but may provide informal guidance to others
• May lead small projects and / or support work streams of a bigger project
• Investigates and analyzes potential solutions; ensures processes and functional programs are implemented
• Executes on work with some complexity; generally requiring short to medium-term focus (weekly-monthly)
• Accountable for own work and effective coordination of processes and information across related teams
• Delivers on assigned initiatives / projects /programs with some direction from management
• Generally reports to Senior / Manager role

EXPERIENCE AND / OR EDUCATION

• Post-Secondary Education and / or
• 2+ years of related experience in supply chain or vendor management
• Good communication, negotiation, Influencing skill with an analytical mindset.

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.

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 a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.

If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.  

We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only):

Sans Objet