TD Bank

Vendor Manager III

TD Bank$96K — $136K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in Business, Finance, Law, Risk Management, or a related discipline
  • 5+ years of experience in vendor management, third-party risk management, procurement, or supplier governance
  • Strong knowledge of third-party risk frameworks, contract governance, and control environments
  • Experience supporting audit, regulatory, or compliance activities
  • Proven ability to collaborate with multiple stakeholders (LOBs, Procurement, Legal, Risk, Audit)
  • Strong analytical, problem-solving, and communication skills

Responsibilities

  • Execute third-party risk management activities across the vendor lifecycle
  • Ensure vendor compliance with TD policies, risk frameworks, and regulatory expectations
  • Act as a subject matter expert and trusted advisor on vendor management practices
  • Support LOBs in managing vendor portfolios and performance monitoring
  • Support contract lifecycle activities including negotiation and renewals
  • Monitor vendor compliance with contractual obligations and identify optimization opportunities
  • Develop and maintain reporting dashboards and insights for stakeholders

Benefits

  • Health and well-being benefits
  • Savings and retirement programs
  • Paid time off
  • Banking benefits and discounts
  • Career development
  • Reward and recognition programs
Full Job Description
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 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:

Job Description

Reporting to the Senior Manager, Vendor Management, the Vendor Manager III is responsible for managing a portfolio of third-party suppliers and supporting Business Segment stakeholders in executing effective vendor management and risk governance practices across the full vendor lifecycle.

This role requires a strong understanding of third-party risk management frameworks, contract governance, and audit readiness, as well as the ability to partner closely with Line of Business (LOB) stakeholders, Procurement, Legal, Risk, and Audit teams.

The successful candidate will contribute to the ongoing enhancement of the Bank's vendor management practices by ensuring consistent execution, strong governance, and effective risk mitigation across vendor relationships.

Accountabilities

1. Third Party Risk Management & Governance
  • Execute third-party risk management activities across the lifecycle, including due diligence, risk assessments, ongoing monitoring, and issue remediation
  • Ensure vendor compliance with TD policies, risk frameworks, and regulatory expectations (e.g., operational risk, information security, privacy, business continuity)
  • Identify and escalate control gaps, emerging risks, and compliance issues, and drive timely resolution in partnership with stakeholders
  • Maintain accurate documentation and evidence to support governance, control testing, and audit activities


2. Line of Business (LOB) Support
  • Act as a subject matter expert (SME) and trusted advisor to LOB stakeholders and contract owners on vendor management practices and TPRM requirements
  • Support LOBs in managing vendor portfolios, including onboarding, ongoing governance and performance monitoring.
  • Provide guidance on vendor-related risks, governance expectations, and policy adherence
  • Enable consistent execution of vendor management processes across business segments


3. Contract Management & Negotiation Support
  • Support contract lifecycle activities including negotiation, renewal, amendment, and termination of vendor agreements
  • Partner with Procurement and Legal to ensure contracts include appropriate risk protections, service levels, audit rights, and regulatory clauses
  • Monitor vendor compliance with contractual obligations, including SLAs, reporting requirements, attestations, and financial terms
  • Identify opportunities to optimize vendor costs, contract structures, and service outcomes


4. Audit, Compliance & Regulatory Readiness
  • Support internal and external audit activities, including evidence gathering, documentation, and response coordination
  • Ensure timely remediation of audit findings, control deficiencies, and compliance issues related to third-party engagements
  • Prepare and maintain governance artefacts, including risk assessments, attestations, and control documentation
  • Partner with Risk, Compliance, and Audit teams to ensure adherence to enterprise standards and regulatory expectations


5. Reporting, Controls & Continuous Improvement
  • Monitor vendor performance against KPIs, KRIs, and service levels, and escalate issues as required
  • Develop and maintain reporting dashboards and insights for stakeholders and senior management
  • Identify trends, gaps, and opportunities to strengthen vendor governance, controls, and processes
  • Contribute to continuous improvement of third party risk and vendor management frameworks, tools, and methodologies


Qualifications

Required
  • Undergraduate degree in Business, Finance, Law, Risk Management, or a related discipline
  • 5+ years of experience in vendor management, third-party risk management, procurement, or supplier governance
  • Strong knowledge of third-party risk frameworks, contract governance, and control environments
  • Experience supporting audit, regulatory, or compliance activities
  • Proven ability to collaborate across multiple stakeholders (LOBs, Procurement, Legal, Risk, Audit)
  • Strong analytical, problem-solving, and communication skills


Preferred
  • Experience within a Canadian financial institution
  • Vendor management or business experience related to real estate secured lending will be a plus
  • Familiarity with regulatory expectations such as OSFI B-10 (Third Party Risk Management)
  • Experience with vendor management systems and reporting tools (e.g., Ariba, Coupa, etc.)
  • Relevant certifications (e.g., PMP, procurement or risk certifications)


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.

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

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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