Analyst, Procurement Strategy & Transformation

Royal Bank of Canada • Toronto, ON

13h • Onsite

About The Position

The Analyst, Procurement Strategy & Transformation will be responsible for bringing the facts and data to our procurement decision-making processes. You’ll support category strategies and RFx analytics across Global Procurement, while solving problems using data-driven insights. You’ll be part of a fun and engaged team of master storytellers who use facts and data to solve problems (big and small) and improve outcomes. To be successful, you’ll have expert analytical capabilities and a strong attention to detail, along with the ability to efficiently analyze large data sets in Excel and pull out the options, recommendations, and story you want to tell in a presentation format. You’ll collaborate closely with colleagues across Global Procurement, have a willingness to challenge the status quo and possess the ability to embrace change.

Requirements

• Bachelor’s degree in finance, Accounting, Business, Engineering, and/or similar discipline with analytical bias
• Two years’ experience in business/financial analytics, with progressive responsibility and a demonstrated track record of delivery
• Strong critical thinking and problem solving skills, superb written and oral communication skills and Meticulous attention to detail
• Expert level in Microsoft Office applications; particularly PowerPoint and Excel skills (pivots, complex logic statements, lookups, etc.)
• Fearful of mediocrity and a willingness to embrace change

Nice To Haves

• Tableau and/or Power BI experience
• Related experience within a matrixed corporate environment

Responsibilities

• Leverage your analytical prowess to solve tough problems and support the goals and objectives of Global Procurement by analyzing third-party spend, supplier pricing proposals, contracts, identifying opportunities and supporting ongoing sourcing engagements.
• Optimize third-party spend for a particular category or consolidate and compare pricing submissions from suppliers to identify outcomes, letting the data guide you in solving these often-ambiguous challenges (through RFx analytics and decision-making support, spend analysis and planning, benchmarking, industry research, bid evaluation and deal structuring, and spend forecasting).
• Develop category and supplier strategies that, in partnership with key stakeholders, can be implemented across the enterprise. Some strategies may lead to transformational changes across Global Procurement and the lines of business.
• Compel meaningful outcomes (changes, actions and more) through powerful and effective storytelling that adapts across all mediums and audiences.
• Partner with stakeholders to manage the impacts and change that may come from strategies you’ve developed.
• Support various strategic initiatives (big and small) including process re-design, strategy development, budget and priority-setting, digital culture transformation and more – leveraging problem-solving, communication, project management, change management and creativity skills to be successful.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• 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 work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level