Director, Strategic Contract Management

2 weeks ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the Opportunity?**

TI’s Commercial Relationships’ team encompasses a Centre of Excellence approach to managing TI’s supplier contracts and has a primary focus on ensuring RBC receives full value from all strategic third-party suppliers’ contracts.

This position will lead the facilitation and coordination of strategic supplier contractual planning meetings, working closely with respective executive team, RBC Procurement, and the supplier community.

**What will you do?**
- Holds responsibility for ongoing contractual relationship management and liaison between RBC and large suppliers on multi-year, multi-platform, enterprise-wide and strategic contracts. Supports Stakeholders and RBC Enterprise needs/strategies ensuring enhanced client experience and increased shareholder value.
- Provides Subject Matter Expertise for: Infrastructure transactional processes from initiation of requirements, engagement of suppliers for proposals, coordination of financial documents, engagement of Supplier Management and Procurement, interaction with Legal, presentation of contract to executives for sign off, etc.
- Streamlining acquisition process while adhering to compliance and risk policies
- Interpretation of contractual terms, options and alternatives; providing guidance to stakeholders; negotiating with suppliers to uphold and extend favorable terms
- Extracting full promised value from supplier engagements and contracted terms
- Leverages knowledge and expertise in RBC’s supplier arrangements to ensure RBC Affiliates globally are advised of and receive benefit of RBC pre-negotiated terms and programs, (e.g., City National Bank, BlueBay)
- Provides advice and counsel on Infrastructure Technology contracts for hardware, software and services ensuring RBC’s risks are minimized and negotiated terms are properly documented.
- Liaises between RBC & Suppliers acting as a central point of contact for contractual issues. Leads and manages a group of matrixed team members including senior managers and directors across the enterprise (Finance, Procurement, and T&O) as well as Supplier account teams.
- Lead the negotiations of complex/high profile procurement initiatives in partnership with Platforms. The successful outcomes of these initiatives are those solutions that meet business requirements and create value for RBC as measured by savings/cost avoidance achieved.
- Value creation through total cost of ownership, quality improvements, demand management, supply chain expertise, supplier management, innovative solutions, outsourcing etc.
- Negotiate, execute, and deploy optimal total cost of ownership solutions across all external spend transactions.

**What do you need to succeed?**

**Must have**:

- 12+ year’s proven Infrastructure Technology platform experience
- Strong Operational and Supplier mindset
- Extensive knowledge of technology based suppliers and their associated products or services.
- High Proficiency of operations standards, methodologies & audit requirements
- Global Mindset / Strategic Thinking experience
- Demonstrated ability to lead and influence through expertise, relationship building, and value delivery

**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 progressive career path in technology risk management and cyber security risk management.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, and competitive compensation.
- 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

LI-POST

LI-Hybrid

TECHPJ

**Job Skills**

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

**Additional Job Details**

**Address**:
330 FRONT ST W:TORONTO

**City**:
TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Technology and Operations

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2024-04-15

**Application Deadline**:
2024-04-29

**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.

**Join our Talent Community**

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