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Senior Manager, Supplier Initiatives and Transformation

2 months ago


Toronto, Ontario, Canada RBC - Royal Bank Full time

We are seeking a Senior Manager, Supplier Initiatives and Transformation to drive the transformation and roadmap for the Wealth Management Supplier Management Office.





Do you thrive in a spirited team environment, question the status quo, and drive cost efficiencies and process improvement? As a Senior Manager, Supplier Initiatives and Transformation, you will be a member of our global Supplier Management team and support RBC's Wealth Management platform. You will drive the transformation and roadmap for the WM Supplier Management Office, guiding the SMO team on supplier management and risk management standard artefacts, best practices, and policy updates.

Key activities include stakeholder engagement, conducting cross-regional supplier reviews and assessments, supplier spend analysis, business case development and planning, supplier performance monitoring and reporting, and supporting various change and acquisition integration initiatives within WM's overall Supplier Management program.

**Responsibilities:**

• Responsible for change management associated with program transformation, ensuring effective communication, training, and stakeholder management.
• Drive key projects and integration initiatives through superior prioritization and organizational skills, to deliver on risk management practices transformation, regulatory changes, and automation of governance processes.
• Communicate and lead change management activities to support the rollout of enterprise policies and standards, processes, and tools.
• Identify and recommend the need for change and efficiencies within the WM supplier management program and integration initiatives.
• Lead with integrity and empathy while providing practical advice, considering regulatory and business objectives.
• Develop relationships across global WM and other RBC Business Platforms, including procurement, supplier management offices, and centers of governance.
• Support supplier governance and oversight activities throughout the third-party lifecycle and help identify and drive efficiencies and improvements across the supplier base.
• Drive reporting and with a keen understanding of reporting methodologies.

**Requirements:**

• Business Administration degree (BComm / MBA) and/or management consulting experience.
• 5+ years of experience in Supplier Risk/Risk Management.
• 3+ years' experience in Canadian or International Financial Services.
• Project and/or change management experience; PMP and/or OCM certifications.
• Formidable critical thinking, analytical, and problem-solving skills with a high degree of flexibility and resourcefulness.
• Excellent communication skills and ability to synthesize information to frame messages effectively for impact and influence of various audiences and diverse stakeholders.
• Strategic mindset with the ability to disrupt and challenge the status quo; ability to deal with ambiguity and yet create business cases for decision making.

**Nice to Have:**

• Experience in presenting to senior-level executives.
• Experience with design thinking and/or client experience design.
• People manager experience with demonstrated ability to foster collaborative work and lead teams through change.
• Understanding and knowledge of Third-party supplier risk management standards, methodologies, best practices, and audit requirements; Working knowledge of the Archer Supplier Risk Management Application (SRMA) and/or iValua (Procurement Sourcing Application).

**What's in it for you:**

• 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.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business and geographies.

**Job Skills:**

• Communication
• Financial Instruments
• Fraud Risk Management
• Long Term Planning
• Operational Risks
• Risk Control
• Risk Management
• Waterfall Project Management