TORONTO, Ontario, Canada
1 day ago
Analyst, Supplier Risk Management

Job Summary

Job Description

What is the opportunity?

The Analyst, Supplier Risk Management is responsible for leading Capital Markets’ supplier management activities for market data, Tier 3 and Tier 4 engagements and will act as the subject matter expert in working with key business partners in leading

third party risk assessments and overall due diligence for global operations. This role will be working with

internal and external stakeholders throughout the supplier management lifecycle process.

What will you do?

Serve as central point-of-contact for suppliers, business units and centre of governance offices in managing supplier arrangements from on boarding to off boardingAssist the BUs in performing third party risk assessments and overall due diligence activitiesSupport BUs on the management of supplier performance monitoring and oversight through reviews and documenting required post-contract activities (e.g. SOC reviews, exit strategies, SM attestations/Performance monitoring, etc.)Engage suppliers where necessary in obtaining documentation and information to support required due diligence reviewsParticipate in strategic meetings with suppliers, BU, and CoGs to ensure timely completion of risk assessmentsLiaise with other departments to onboard applications for user access control monitoring; assist in the implementation of application SSOContinual maintenance of supplier assessments and compliance for internal / external auditsRemediate risk findings, communicate impact to BUs; and with the assistance of IT Risk, work with BUs and Executives to ensure timely and accurate closure of open issuesContinual improvement in procedures, automation, reduce cycle time, and improve analytical capability while reducing errorsLead new initiatives/projects for process efficiencies, workflow dependencies and transparency of records

What you need to succeed?

Degree in Business or Finance with 2+ years of prior relevant experienceExperience working in a Cyber Security role, a plusExperience on projects or programs that require acquisition of new supplier or services, a plusKnowledge of commercial purchase contract language, a plus

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensationLeaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options

Job Skills

Active Learning, Adaptability, Analyze Information, Critical Thinking, Decision Making, Effectiveness Measurement, Management Procedures, Process Improvements, Project Management, Risk Management, Supplier Management, Supplier Risk Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-13

Application Deadline:

2025-02-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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