As an integral member of the Strategic Sourcing
Group, which is responsible for negotiating and sourcing
best-in-class supplier agreements which offer the best possible
service, quality and pricing performance for products and services
used across the enterprise, with the objective of achieving
targeted annual savings on TDBFG non-interest expenses, a Sourcing
Analyst provides strong analytical, research, and reporting support
to Sourcing Managers in the delivery of Strategic Sourcing
initiatives. In this capacity you will:
- Develop appropriate pricing templates and models that
facilitate efficient supplier pricing analysis for various
initiatives;
- Conduct accurate and timely pricing/savings analyses that
facilitates the understanding of a supplier's pricing proposal by
the Sourcing Manager and Business Owner;
- Develop evaluation analyses that highlight key areas where
suppliers have strong or weak positions and collect feedback from
business unit representatives;
- Compile and organize spend data in logical ways that facilitate
efficient, effective analysis of broad data sets so that meaningful
conclusions and findings can be developed;
- Gather, analyze and present comprehensive supplier, market and
user information that provides knowledge and insight (e.g. industry
trends, challenges, user preferences, etc.) on
categories/initiatives being sourced. This may require a review of
data repositories, developing surveys and questionnaires;
Qualifications:
Post secondary education with any combination of
procurement/Business/Finance/IT/Retail experience is an asset.
Candidates should possess a combination of strong analytical skills
along with good oral and written communication skills.
Professional Development:
While an analyst gains exposure to many different areas within the
bank by providing analytical support on a variety of projects for
different business units, there is also the opportunity to
specialize in a particular sourcing category, e.g. technology or
professional services/consulting. In their role, the analyst
interacts with Sourcing Managers, Business Unit representatives and
Supplier representatives. This type of ongoing exposure can lead to
an Associate Manager role within SSG or other associate or
intermediate/senior analyst (finance, project management, etc.)
roles within the bank. |