Strategic Sourcing Manager II

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line Of Business:
Procurement & Sourcing

Pay Details: $96,900 - $136,800 CAD

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  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.

The Strategy Sourcing Manager II is the lead on major category sourcing initiatives and/or portfolios and execution of the sourcing mandate for assigned portfolio(s). This role provides professional and specialized support on a range of complex/major sourcing initiatives and category portfolio.

• Lead the development and execution of category and sourcing strategies for complex portfolios or multiple related initiatives, accountable for delivering value, managing risk, and ensuring alignment with TD’s procurement standards and risk appetite.
• Leads sourcing initiatives and supplier engagements within assigned portfolios, ensuring alignment to procurement policies, controls, and risk requirements
• Lead complex supplier negotiations and commercial decision‑making for assigned categories or initiatives, accountable for negotiation outcomes, total cost of ownership optimization, and alignment with business objectives.
• Leads or contributes to cross‑functional sourcing initiatives within and across portfolios, providing subject matter expertise on complex sourcing, commercial, or risk‑related matters
• Synthesize market intelligence, supplier insights, financial analysis, and risk considerations into clear, defensible recommendations for senior stakeholders, articulating trade‑offs and implications.
• Leverage advanced analytics, scenario modeling, and AI‑enabled insights to accelerate option development and improve decision quality, while retaining accountability for judgment‑based decisions, escalation, and exception handling.
• Leads a portfolio of work and may span multiple initiatives
• Lead complex sourcing initiatives spanning a portfolio of Core Operations and/or Technology related sourcing engagements across a range of complexity and risk levels
• Communicate proactively and transparently with team members, stakeholders, and partners, ensuring alignment on priorities, progress, risks, and dependencies.
• Advises on complex trade-offs across commercial, risk, and stakeholder considerations
• Drives sourcing outcomes across portfolios with material impact

• Acts as liaison with business / executives and provides sourcing expertise and recommendations to business partners to optimize Sourcing strategies to enable TD and business specific objectives and goals
• Within category specialty, supports business partners by contributing to governance programs and management programs
• Manages strategic sourcing strategies and initiatives that support TD and business partner needs and objectives as well as helps to mitigate risks to the organization
• May provide guidance on Sourcing/outsourcing best practices
• Leads supplier negotiations to maximize total cost of ownership in a given portfolio and work with business partners
• Adheres to enterprise frameworks or methodologies that relate to sourcing activities for our business area
• Ensures respective sourcing programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
• Consistently exercises discretion in managing correspondence, information and all matters of confidentiality; escalates issues where appropriate
• Ensures business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation…