Vendor Manager II (US)

$68,640 - $112,320/Yr

TD Bank - Mount Laurel Township, NJ

posted 2 months ago

Full-time - Mid Level
Mount Laurel Township, NJ
10,001+ employees
Credit Intermediation and Related Activities

About the position

The Vendor Manager II at TD Bank is responsible for managing Third Party Business Arrangements throughout all stages of the Third Party Management Lifecycle (TPML). This role involves monitoring, analyzing, and reporting on vendor performance, ensuring compliance with relevant frameworks and policies, and mitigating risks associated with vendor relationships. The position requires a deep understanding of vendor management principles and the ability to lead complex projects while collaborating with various stakeholders.

Responsibilities

  • Manage Third Party Business Arrangements through all stages of the TPML.
  • Monitor, analyze, and report on vendor performance against SLAs, SLOs, and KPIs.
  • Identify and escalate issues to mitigate risks associated with vendor relationships.
  • Collaborate with internal stakeholders to support business needs and manage transitions or terminations of vendors.
  • Maintain strong relationships with internal stakeholders and ensure compliance with TD's policies and standards.
  • Conduct internal and external research projects and support the development of presentations to management.
  • Lead problem resolution for complex issues and provide subject matter expertise.

Requirements

  • Undergraduate degree in a relevant field.
  • 5+ years of related experience in vendor management or a similar role.
  • Proficient knowledge of Vendor Management, Business Arrangements, and Third-Party Management Lifecycle principles.
  • Strong analytical skills and experience with data analysis methods and reporting techniques.
  • Ability to communicate effectively in both oral and written form.
  • Experience in budgetary management principles and practices.
  • Ability to lead, plan, implement, and evaluate program/project activities.

Nice-to-haves

  • Knowledge of current and emerging competitor and market trends.
  • Experience in risk management standards and regulations.
  • Skill in using analytical software tools.

Benefits

  • Health insurance
  • Paid time off
  • Career development opportunities
  • Competitive salary and variable compensation
  • Banking benefits and discounts
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