Job Title or Location
RECENT SEARCHES

Senior Buyer

Toronto, ON
In-person
Full-time
Experienced
Company Benefits
Paid Time Off

Work Location:

Mississauga, Ontario, Canada

Hours:

37.5

Line of Business:

Procurement & Sourcing

Pay Details:

$65,600 - $98,400 CADThis 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:

Department Overview:

TDBG spends over $5bn each year with suppliers. The Strategic Sourcing Group's (SSG) role, in collaboration with our business partners, is to create sustainable competitive advantage for TDBG by leveraging this 3rd-party spend and the expertise of our key suppliers to meet our needs, reduce total cost and mitigate supply-related risks.

Our role is global in scope, and we have just embarked on a journey within our department, and more broadly across the organization, to transform the way we do sourcing, purchasing and vendor management.

Our team comprises over 200 people who are located in various TDBG locations across North America.

Job Description/Accountabilities:

The Senior Buyer is a results-driven team player responsible for advancing procurement efficiency and supporting the Strategic Sourcing Group (SSG) with multiple procurement initiatives. With expertise of the Ariba tool and in Sourcing, PO management, RFQs, e-Auctions, and contract compliance, the Senior Buyer plays a critical role in optimizing sourcing strategies and managing low to medium-risk engagements and purchase orders for high-impact procure to pay activities. This role interfaces 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.

Reporting to the Manager, Central Buying Team, the senior buyer key accountabilities are:

  • Execute and manage Sourcing requests and Purchase Orders, collaborating closely with the sourcing team, contract managers and vendor managers and coordinating closely with vendors to ensure accurate and timely execution while proactively tracking and addressing issues promptly.
  • Manage low to medium-risk sourcing requests with due diligence, balancing cost, quality, and supplier reliability.
  • Manage RFQs with existing vendors, ensuring competitive and fair pricing for goods and services. Evaluate vendor responses to identify optimal value and ensure alignment with organizational objectives.
  • Lead and support all SSG purchasing tools, serving as the go-to expert on S2P process, e-Auctions, RFQs, and contract compliance within the Ariba platform.
  • Ensure data integrity across purchasing systems and develop actionable insights to enhance procurement efficiency and cost-effectiveness; support monthly reporting of departmental KPIs and savings targets.
  • Engage actively with Strategic Sourcing functions to identify and implement opportunities for process improvements and cost-saving measures, including leveraging e-auction and RFQ strategies.
  • Build and foster strong relationships with internal teams and stakeholders, promoting alignment on purchasing tools and processes to enhance business outcomes.

Education/Accreditations

  • Post-Secondary education/or equivalent experience
  • Experience in the following is considered an asset:
    • A Purchasing role or demonstrated experience of Strategic Sourcing practices.
    • Work experience on the Ariba tool
    • Experience with e-sourcing tools
    • Experience in building dashboards and reporting
    • Previous Buying or Purchasing experience.

Other Qualifications/Skills/Experience

  • Demonstrated experience of Strategic Sourcing practices
  • Previous experience working in the procure to pay and source to contract process.
  • Proficiency with procurement tools, especially Ariba, including e-Auction and RFQ setup and execution.
  • Strong analytical skills with the ability to interpret and present large datasets for informed decision-making.
  • Strong commercial acumen and business judgment.
  • Demonstrated stakeholder/relationship management skills.
  • Ability to multitask and work in a fast-paced, customer-service focused environment.
  • Excellent communication (written and oral) and interpersonal skills.
  • Excellent working knowledge of office software applications, including Microsoft Word, Excel, PowerPoint, and Outlook.

Location

  • The role would be considered for Mississauga, Canada

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 deliver legendary customer experiences to 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 the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing – and so will you.

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. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we're committed to helping you identify opportunities that support your goals.

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
Competition Number: R_1379747
Company Website: jobs.td.com/

About TD Bank

About TD Bank

La TD est une grande entreprise dont le fonctionnement repose sur des gens remarquables qui ont le souci constant de faire avancer les choses. Plus de 80 000 employés partout dans le monde jouent un rôle important dans ce qui fait que la TD se démarque des autres entreprises.
Grâce à l'étendue et à la portée de nos activités, nos employés peuvent explorer de nombreuses possibilités de cheminement professionnel dans différents secteurs d'activités, zones géographiques et fonctions de soutien.