Manager, Global Procurement

RBC•Toronto, ON

1d•Remote

About The Position

In this role, you will work with the Director, Global Procurement, to conduct sourcing activities for PB&CB - Caribbean Banking that influence strategic decision-making and drive cost efficiencies. This role gathers and analyzes data and business requirements, manages the RFx process, and prepares findings for Caribbean Executive & Senior Management. This role also develops and negotiates contract strategies that provide cost-effective, sustainable solutions to RBC's business and optimizes the total value generated from RBC's supplier database.

Requirements

Post Secondary Education in Business Administration, Business Management, Finance, Accounting, Law or related Sourcing Field
Experience in Sourcing of non-complex and complex Procurement deals
Understanding of procurement law and/or regulations
Business and Financial Acumen

Nice To Haves

Procurement Designation

Responsibilities

Develop sourcing strategies and help align procurement activity to the organization’s procurement and business objectives by using industry analysis, business knowledge, competitive analysis and sourcing expertise.
Use spend information and category metrics to influence business groups to address key opportunities.
Balance cost and complexity to identify and analyze strategic issues, business unit opportunities, service levels, and consolidate critical and non-critical requirements across different suppliers.
Evaluate supplier proposals by interpreting and analyzing proposals against business requirements to recommend the best fit supplier to Director, Global Procurement and/or Caribbean Executive/Senior Management.
Create a robust and effective negotiation strategy in alignment with RBC's business needs, with a view to achieving cost-effective pricing and other risk-based terms and conditions that protect RBC's interests.
Prepare and draft contract terms, working with the Law Unit and Centres of Governance to ensure all terms are compliant and meet business requirements.
Working with the Director, Global Procurement, leads the negotiation process from preparation through to execution for assigned contracts.
Build effective and strong relationships with key internal partners and stakeholders by understanding needs and dynamics across stakeholder groups, decision makers and influencers.
Influence and lead key internal sponsors and stakeholders through the sourcing process, to gain buy-in, overcome challenges and deliver on high priority, high-risk, complex initiatives.
Develop and maintain trusted relationships with key suppliers, negotiating pricing/and or quality of service while minimizing risk.
Manage the end-to-end RFx process in compliance with all governance requirements.
Manages procurement policies, processes and procedures to ensure the supplies of quality goods are acquired efficiently, on time and at a reasonable cost.