Job Summary

Job Description

What is the opportunity?   

In this role, as Senior Manager, Sourcing you will work in a dynamic and fast paced Capital Markets environment. This role will drive and influence sourcing decisions, optimize the supply base and be relentless in the pursuit of cost savings/avoidance opportunities while balancing supplier risk in a highly regulated and exciting business platform. As a member of a high performing team that demonstrates Procurement’s strategic value and partnership, you will identify and lead complex strategic sourcing and contracting of technology products including enterprise and business application software and related services in support of the Capital Markets business.

This role is predominantly remote, however this role will be required to work from any RBC designated locations 3 times a week and/or as required by RBC Policy.

What will you do? 

Establish strong and credible relationships across the Capital Markets business platform with the objective of understanding the business strategy and directionDevelop strategic sourcing strategies and initiatives in tandem with the business for specific categories being sourcedBuild and continuously update a comprehensive and robust contract pipeline to proactively identify, manage, address and report on sourcing opportunitiesBe subject matter expert on RBC’s Enterprise Procurement & Third Party Risk policies and procedures in order to ensure 100% compliance Lead the end to end sourcing processNegotiate both complex and non-complex IT and Non IT agreements including Master Agreements, Transaction Schedules, Statement of Works, Amendments and other documentsDevelop and implement global efficiencies, standardized tools, technology, policies and procedures related to ProcurementDrive, innovate and recommend opportunities to continuously improve and enhance the strategic value of Procurement to the organization. 

What do you need to succeed?

Must-have  

Post-secondary education in Business Administration, Finance, Engineering or equivalent to a 4 year university program in relevant discipline or related Supply Chain or Procurement DesignationSolid knowledge, understanding and experience in strategic sourcing with 5+ years of relevant technology experience in sourcingSeasoned negotiator who can understand and exploit points of leverage including leveraging contracts terms/conditions in order to optimize cost structures and minimize riskGreat understanding of commercial and non-commercial provisions of third party documentationStrong financial modeling and analytical skills to identify and support negotiation strategies Sourcing/Procurement experience working in a global financial institution

Nice-to-have   

Excellent communication skills and even better listening skills to champion the \"voice of the internal customer\"Relationship builder who can lead when required and participate and influence others if and when required   Strong organizational skills, ability to work on multiple complex projects simultaneously. Experience working in a global capital markets business which includes understanding of common technology and suppliers that support a trading environment as well as cultural differences

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 and competitive compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging work

#LI-Hybrid

#LI-POST

Job Skills

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-24

Application Deadline:

2025-03-17

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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