Strategy Manager M/F

The Senior Manager, Strategic Sourcing will provide Procurement support within the CAO Functions Platform, while influencing sourcing decisions, driving supplier consolidation, cost savings and cost avoidance efforts. This role will partner with senior management to proactively develop negotiation and contract strategies for high risk/complex and sensitive sourcing initiatives. The incumbent will gather and analyze data to create playbooks and strategies to support the different business models for services contemplated or currently under contract and prepare findings for senior management; as well as develop and negotiate complex (strategically critical, high value, or high risk) contract strategies that will provide cost effective, sustainable solutions to RBC businesses, and optimize total value generated from RBC’s supplier base.

Proactively manage pipeline of sourcing activities, create plans to identify and recommend alternative sourcing strategies that maximize value for RBC
Negotiate and draft complex supplier contracts, support business groups in managing supplier contracts in accordance with RBC 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.

Post-secondary education, related purchasing field or Procurement designation

• Strong contract acumen: AI contracts, Contract Gap Analysis, Redlining, Contract Negotiations
• Strong organizational, analytical and presentation skills, delivering to Senior and Executive level leaders

Familiarity of Procurement law and/or regulations
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, competitive compensation, commissions, and stock where applicable
A world-class training program in financial services
Flexible work/life balance options
Contract Management, Contract Review, Decision Making, Interpersonal Relationship Management, Negotiation, Sourcing and Procurement, Supplier Evaluations

Full time Platform:
CHIEF LEGAL & ADMIN OFFICE GRP Job Type:
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.