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Senior Manager, Procurement Lead

2 months ago

Vancouver, British Columbia, Canada Royal Bank of Canada> Full time
Job Summary

The Senior Manager, Sourcing will provide procurement support for the Royal Bank of Canada's business platforms, while influencing sourcing decisions to support business objectives and compliance with risk mitigation efforts.

Key Responsibilities
  • Proactively manage the pipeline of sourcing activities, create plans to identify and recommend alternative sourcing strategies that maximize value for the bank.
  • Lead and execute complex sourcing initiatives through competitive evaluation (e.g. RFx, quotes).
  • Negotiate and draft complex supplier contracts, support business groups in managing supplier contracts in accordance with the bank's policies.
  • 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, knowledge of business unit, market research, and interactions with internal stakeholders.
  • Provide mentoring, coaching to help develop skills and abilities of team members to optimize future job performance.
Requirements
  • Post-secondary education, related Purchasing field or Procurement Designation.
  • 7+ years' experience in conducting sourcing activities, negotiating financial and contractual terms.
  • 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 story telling skills.
What We Offer
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, 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
  • Flexible work/life balance options