Senior Manager, Strategic Sourcing

Royal Bank of Canada View all jobs

Toronto, ON
Permanent
Full-time

1 month ago

Job DescriptionWhat is the opportunity?The Senior Manager, Sourcing, will play a pivotal role in supporting RBC’s sourcing initiatives across key functional platforms, including HR, 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.What will you do?

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.

What do you need to succeed?Must-have

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-have

Multi-category experience across professional services, management consulting, human resources, contingent workforce management, cloud software.

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, 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

#LI-POSTJob Skills Contract Management, Contract Review, Decision Making, Interpersonal Relationship Management, Negotiation, Sourcing and Procurement, Supplier Evaluations, Waterfall ModelAdditional Job DetailsAddress: BAY WELLINGTON TOWER, 181 BAY ST:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CHIEF LEGAL & ADMIN OFFICE GRPJob Type: RegularPay Type: SalariedPosted Date: 2026-03-11Application Deadline: 2026-04-30Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Royal Bank of Canada

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