Strategic Sourcing Leader, Major Portfolios

TD Bank; Mount Laurel Township (NJ); On-site; USD 91,000 - 136,240; Full time

Job summary

TD Bank in Mount Laurel, New Jersey, is seeking a Strategy Sourcing Manager II. You will lead major category sourcing initiatives, develop strategies, and coordinate cross-functional supplier engagements to drive value and reduce total cost of ownership.

Responsibilities include negotiating complex supplier terms, synthesizing market intelligence, and advising executives on sourcing decisions in a fast-paced environment. This role requires strong procurement expertise and leadership skills.

Qualifications

• Post-Secondary Education and/or 7+ years of related experience.
• Experience in strategic sourcing and procurement.
• Strong negotiation and cost optimization skills.
• Ability to synthesize market intelligence and risk considerations.

Responsibilities

• 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.
• Lead 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.

Skills

Sourcing strategy

Negotiations

Analytics

Stakeholder communication

Risk management

Cross-functional leadership

Cost optimization

Education

Post-Secondary Education or 7+ years experience

Job description

TD Bank in Mount Laurel, New Jersey, is seeking a Strategy Sourcing Manager II. You will lead major category sourcing initiatives, develop strategies, and coordinate cross-functional supplier engagements to drive value and reduce total cost of ownership.

Responsibilities include negotiating complex supplier terms, synthesizing market intelligence, and advising executives on sourcing decisions in a fast-paced environment. This role requires strong procurement expertise and leadership skills.