Senior Manager, Strategic Sourcing
About The Position
The Senior Manager, Sourcing, will play a pivotal role in supporting RBC’s sourcing initiatives across key functional platforms, including HR, Corporate Real Estate, Chief Data Office, Group Risk Management, Chief Financial Office, Chief Legal and Administration Office, and Internal Audit. This role will support internal clients in achieving their business objectives and compliance obligations, while mitigating risks and maximizing value from RBC’s supplier ecosystem. Key responsibilities include executing end-to-end sourcing events, formulating data-driven recommendations, negotiating contracts for diverse products and services (e.g., software, staff augmentation, consulting), collaborating across teams and ensuring data hygiene for the assigned portfolio.
Requirements
- Post-secondary education in related Purchasing field or Procurement Designation.
- 7+ years’ experience in conducting sourcing activities, negotiating commercial and contractual terms.
- Experience running and facilitating RFx initiatives
- Experience in leading stakeholder interactions/relationships and influencing business decisions.
- Experience in leading complex, multi-stakeholder projects in a fast-paced environment.
- Excellent communication and storytelling skills.
Nice To Haves
- Multi-category experience across IT Hardware and Software, Human Resources, Corporate Real Estate, Finance, Legal, Professional Services, Management Consulting.
Responsibilities
- Proactively manage pipeline of sourcing activities, create plans to identify and recommend alternative sourcing strategies that maximize value for RBC.
- Lead and execute sourcing initiatives through competitive evaluation (e.g. RFx, quotes).
- Negotiate and draft agreements with inputs from multiple centers of governance.
- Advise business units on appliable RBC policies and best practices.
- Build effective and strong relationships with key stakeholders (including executive level) by understanding requirements and dynamics across stakeholder groups, decision makers and influencers.
- Secure stakeholder support for complex decisions, including the ones that may be unpopular, high-risk, or contentious.
- Identify, research, analyze and prioritize possible new sourcing opportunities and/or process changes through internal spend analysis, business knowledge, market research, and interactions with internal stakeholders.
- Provide coaching to junior or new team members.
Benefits
- bonuses
- flexible benefits
- competitive compensation
- commissions
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
