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Director Strategic Sourcing

2 weeks ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**Job Description**:
**What is the opportunity?**

As Director, Sourcing Execution, you will be responsible for the development of sourcing and savings/cost avoidance strategies while ensuring a sustainable supply chain to support RBC businesses, and optimizing total value generated from RBC’s supplier base. This role executes and manages procurement needs by building a vision and road map to diagnose our client requirements and vendor capabilities. The Director, Sourcing Execution leads a team of sourcing practitioners in negotiating non-complex (low risk) and complex (high value/high risk) deals. This role is essential in strengthening relationships with business unit clients and vendors as well as ensuring solutions are developed and delivered on time and against operational and financial business targets.

**What will you do?**
- Relationship Management - 20%
- Strategy Development and Opportunity Assessment - 20%
- Decision Evaluation and Contract Execution - 25%
- Governance, Risk and Controls-10%
- Leadership - 25%

**What you need to succeed?**

**Must-have**
- Executive Relationship Development and People Management Experience.
- Experience leading complex enterprise-wide negotiations.
- Leadership and management of a global team.
- Experience in Global procurement, supply chain and category management.
- Strong grasp of procurement law and/or regulations.

**Nice-to-have**
- 10 years of prior experience leading sourcing activities and Excellent communication and stakeholder management skills.
- Strong Business, Financial and Negotiation Skills.
- Experience Leading Complex deals with a total contract value of $10Million or more.
- Post-secondary education in Supply Chain or related field. Procurement Designation.

**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.

LI-Post
LI-Hybrid

**Job Skills**

Contract Management, Decision Making, Interpersonal Relationship Management, Long Term Planning, Negotiation, Reviewing Contracts, Sourcing and Procurement, Supplier Evaluations, Waterfall Model

**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**:
CHIEF LEGAL & ADMIN OFFICE GRP

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2025-05-22

**Application Deadline**:
2025-06-05

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

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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