Manager Third Party Risk and Payments

2 months ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**Application Deadline - November 29, 2024**

**What is the opportunity?**

In this role you will be responsible for ensuring adherence and compliance to all Third-Party Risk policies for Technology, meeting all regulatory and audit requirements and maintained in an on-going basis. You will also lend support towards the review, reporting and management of contracts. You will also provide leadership towards any process improvements for supplier payments. This role will focus on managing the Caribbean Banking Third-Party Technology Suppliers to ensure appropriate planning, governance, oversight, and management for effective delivery. You will ensure adherence to all policy and regulatory requirements relating to Suppliers, including all risk assessments, remediation, and reporting.

**What will you do?**
- Provide oversight and governance and ensure compliance with relevant 3rd party policies and local regulatory requirements.
- Maintain a comprehensive view of Supplier’s overall relationship with RBC Caribbean Technology, especially in terms of Risk and Policies
- Ensure due diligence against all Supplier payments (such as alignment with contracts, confirmation of services received, SLAs met)
- Collaborate with the Caribbean Technology Financial Management team to track supplier spend and cost savings and ensure correct accruals for supplier payments.
- Contribute to contract reviews and drafting to ensure that payment terms and conditions are clear and measurable.
- Prepare for and support IT and Third-party Risk Audits
- Create and maintain up-to-date Intragroup Arrangements between Technology and Business Jurisdictions to meet regulatory requirement and to ensure alignment with internal support contracts.

**What do you need to succeed?**

**Must-have**
- Degree in Computer Science or Business or equivalent combination of education and experience
- 3-5 years with broad working experience in Banking & IT environment
- 3-5 years of proven Supplier Management experience (relationship, governance, performance, payments)
- Ability to adapt to changing requirements and environments quickly.
- Experience with financials such as accruals
- Experience with Third Party Risks, Audits and Regulatory reviews

**Nice to have**:

- Contract Law certification will be an asset
- Supplier Management Certification will be an asset
- MBA will be an asset

**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.
- Opportunity to lead in a dynamically changing environment
- Ability to make a difference and lasting impact
- The advantage of working with a dynamic, collaborative, and high performing team where initiative and hard work are recognized and rewarded
- Close interaction and support to business partners

**Job Skills**

Communication, Design Thinking, Interpersonal Relationship Management, Risk Management, Teamwork, Waterfall Project Management

**Additional Job Details**

**Address**:
7-9 SAINT CLAIR AVENUE, 8:PORT OF SPAIN

**City**:
Port of Spain

**Country**:
Trinidad and Tobago

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
TECHNOLOGY AND OPERATIONS

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2024-11-18

**Application Deadline**:
2024-11-30

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

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