Job Summary

Job Description

Senior Manager, Sourcing – Tech & Ops Procurement

What is the opportunity?

The Senior Manager, Sourcing will provide Procurement support for the RBC T&O platform while influencing sourcing decisions, driving supplier consolidation, cost savings and cost avoidance efforts.

This role will partner with senior management to proactively develop negotiation and contract strategies for high risk/complex and sensitive sourcing initiatives.

The incumbent will gather and analyse data to create playbooks and strategies to support the different business models for services contemplated or currently under contract and prepare findings for senior management; as well as develop and negotiate complex (strategically critical, high value, or high risk) contract strategies that will provide cost effective, sustainable solutions to RBC businesses, and optimising total value generated from RBC’s supplier base.

**Please note that the preferred location for this position is London, UK. This role requires a hybrid working arrangement of approx. 3 days/week in the office**

What will you do?

Negotiate complex supplier contracts, supports business groups in managing supplier contracts and relationships and drafts and makes necessary amendments to current contracts as necessary

Create plans to identify or recommend alternative suppliers against the sourcing execution plan, to maximise service levels and procurement activities and create alignment to long-term business strategies

Develops and implements global efficiencies, standardised tools, practices and procedures, RFP, new supplier and decision-making evaluations

Build effective and strong relationships with key partners and stakeholders (including executive level) by understanding key needs and dynamics across stakeholder groups, decision makers and influencers

Secures stakeholder support for complex decisions (e.g. unpopular, high-risk, contentious)

Identify, research and prioritise possible sourcing opportunities through internal spend analysis, knowledge of business unit, potential savings and/or business need

Provide mentoring, coaching to help develop skills and abilities of team members to optimise future job performance

Analyses complex procurement challenges and assist in developing solutions to best meet business needs.

What do you need to succeed?

Must-have

Post-secondary education

Extensive experience in global procurement, sourcing and relationship management

Experience in leading and supporting stakeholder interactions/relationships

Core expertise in IT sourcing categories including software, professional services, outsourcing, enterprise applications

A proven track record of leading deals and negotiating agreements with ‘mega-vendors’

Understanding of procurement law and/or regulations

Excellent communications skills (verbal and written).

Nice-to-have

Related Purchasing field or Procurement Designation

Strong contract acumen

Strong analytical skills.

What is 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, flexible benefits and competitive compensation

Leaders who support your development through coaching and managing opportunities

Opportunities to work with the best in the field

Ability to make a difference and lasting impact

Work in a dynamic, collaborative, progressive, and high-performing team

A world-class training program in financial services

Flexible working options fully supported.

Agency Notice

RBC Group does not accept agency resumés.  Please do not forward resumés to our employees, nor any other company location.  RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Contract Management, Decision Making, Interpersonal Relationship Management, Negotiation, Reviewing Contracts, Sourcing and Procurement, Supplier Evaluations, Waterfall Model

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-12-30

Application Deadline:

2025-01-13

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.