Sourcing Manager, Global Procurement

2 weeks ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the Opportunity?**

The Manager, Sourcing (Procurement Sourcing Solutions Desk) will influence sourcing decisions and business outcomes, help deliver cost savings & cost avoidance efforts where opportunities exist. You will support different lines of business for new and existing services under contract while the primary focus will be on execution for sourcing initiatives with varying degrees of risk and complexity. As a Manager, you will have an outcomes based focused view that will center on providing cost effective, sustainable solutions to RBC businesses, and optimizing total value generated from RBC’s supplier base.

**Please note that the location for this position is Toronto. This position requires a hybrid working arrangement of approx. 3 days/week in the office**

**What will you do?**
- Negotiate and draft supplier agreements such as Amendments, SOWs, NDAs, EAs, TAs and MSAs in support of Procurement and business partner teams
- Build effective relationships with stakeholders internally and externally (including executive level) by understanding key needs and dynamics across stakeholder groups, decision makers and influencers.
- Cross-functional calibration with extended procurement organization to optimize sourcing, negotiation, and overall execution.
- Secures stakeholder support through buy-in on sourcing execution decisions and outcomes
- Analyzes complex procurement challenges and assist in developing solutions to best meet business needs.
- Help to develop and implement sourcing process efficiencies by leveraging standardized tools, best practices and procedures

**What do you need to succeed?**

**Must-have**
- Post-secondary education preferably in Business or Commerce
- 2+ years’ experience in Procurement role including contracting and supplier sourcing
- Strong Contract Acumen and analytical skills
- Ability to thrive in a fast paced environment and superb time management skills
- Detailed oriented and Strong critical thinker

**Nice-to-have**
- Strong negotiation capability
- Strong Excel skills
- Financial Acumen

**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 and competitive compensation.
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities to do challenging work and to be immersed in new technologies being leveraged by the bank.

**Job Skills**

Analytical Thinking, Business Process Re-Engineering (BPR), Commercial Acumen, Communication, Contract Management, Contract Negotiations, Critical Thinking, Detail-Oriented, Financial Acumen, Procurement Contracts, Results-Oriented, Sourcing and Procurement, Time Management

**Additional Job Details**

**Address**:
BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
STRATEGY AND ADMINISTRATION

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2024-05-06

**Application Deadline**:
2024-05-10

**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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