Digital Procurement Product Owner

Location: Toronto, Ontario, Canada

Hours: 37.5

Line of Business: Enterprise Enabling Functions

Pay Details: $91,200 - $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.

Department Overview

TD spends nearly $10bn each year with Third Party (Suppliers). The Strategic Sourcing Group’s (“SSG”) role is to create sustainable competitive advantage for TD by leveraging this Third Party spend and the expertise of our suppliers, to meet our needs, reduce total cost and mitigate Third Party related risks.

SSG’s role is global in scope and is comprised of approximately 160 people located in various TD locations across North America that collaborate closely with our business partners across the organization. The SSG team is in the midst of a journey to transform the way we do sourcing, purchasing and vendor management. We are currently replacing our third-party applications with a best-in-class tool set that will generate efficiencies through the end-to-end Source-to-Pay process. The user base spans the entire enterprise, including SSG, vendor management offices, business stakeholders, and third parties (suppliers). The suite supports the Source-to-Pay lifecycle, including:

• SAP Ariba Sourcing and Contracting
• SAP Ariba Supplier Lifecycle and Performance
• SAP Ariba Buying and Invoicing
• SAP Ariba Spend Visibility
• SAP Fieldglass
• Coupa Risk Assess Third Party Risk Management

The Transformation team will continue with the journey post-deployment to transform, improve, and implement new procurement tools and processes at TD.

Position Overview

Reporting to the Program Lead, this role is responsible for delivering aspects of the transformation program, focusing on implementing transformation projects like new sourcing and contract management systems. Post-implementation, maintaining ongoing enhancements within each system is key. The role involves creating a comprehensive end-to-end solution, focusing on medium-large-scale, complex, or enterprise projects, working with various stakeholders across the bank.

Key Accountabilities

Customer

• Develop and document detailed solution design, acting as an application SME throughout the design and development lifecycle.
• Enhance SSG applications (e.g., SAP Ariba, Fieldglass) to optimize processes and provide value to users.
• Support business strategy through procurement tools development with strategic advice and solutions.
• Lead solution options creation and coordinate stakeholder engagement for development initiatives.
• Estimate project development and design components with team members.
• Develop functional, technical, and user interface designs meeting defined requirements.
• Consult on System Requirements Specification development, applying functional business knowledge.

Shareholder

• Review deliverables for quality adherence and redesign requirements.
• Work with project managers and analysts to define application metrics and performance goals.
• Adhere to enterprise technology delivery practices and standards.
• Ensure timely, budgeted project delivery while maintaining corporate quality standards.
• Identify opportunities to minimize costs and enhance stakeholder experience.
• Conduct code reviews for compliance and maintainability.
• Manage application and data integrity issues proactively.

Employee / Team

• Enhance knowledge in the area, staying current with technologies and trends.
• Manage workload to deliver quality results on time.
• Foster a positive work environment promoting quality, innovation, and teamwork.
• Recommend opportunities to enhance operational efficiency.
• Build effective relationships with business and technology partners.

Breadth & Depth

• Provide technical expertise and guidance, working autonomously on diverse activities.
• Maintain subject matter expertise in multiple areas, consulting on technical solutions.
• Train and monitor others' work in technical contexts.

Experience & Education

• Undergraduate degree in relevant fields or product management certificate.
• Experience with procurement tools and Source-to-Pay processes.
• Knowledge in process automation and algorithm development.
• Experience defining processes for large complex initiatives.
• Implementing and optimizing large IT solutions experience.
• 7+ years relevant experience, including 3+ years in Agile or Product Owner roles.

Who We Are: TD is a leading global financial institution, committed to delivering exceptional customer experiences and supporting economic growth.

Total Rewards Package: Includes base salary, variable compensation, health benefits, retirement programs, paid time off, and development opportunities.

Development: Focused on career growth through mentorship and training programs.

Accommodation: Accessibility support is offered for interviews.