Senior Manager, Sourcing Execution

Job Description

What is the opportunity? Working with the Director, Sourcing Execution and the Manager, Sourcing Execution, this role will influence sourcing decisions, drive 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. This role 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. This role will develop and negotiate complex (strategically critical, high value, or high risk) contract strategies that will provide cost effective, sustainable solutions to RBC businesses, and optimizing total value generated from RBC’s supplier base. What will you do?

• Identifies and analyzes the strategic issues and challenges related to various supplier strategies and recommends the best solution to senior management.
• Analyze Key Performance Indicators (KPIs) to identify and analyze strategic issues, business unit opportunities, service levels, consolidate critical and non-critical requirements across different suppliers.
• Effectively prepare, coordinate and conduct all complex supplier negotiations.
• Develop methodologies to capture savings as well as manage value driven negotiations.
• Deliver on cost reduction commitments through the identification, development and execution of strategic souring initiatives.
• Negotiate complex supplier contracts, supports business groups in managing supplier contracts and relationships and drafts and makes necessary amendments to current contracts as necessary.
• Build effective and strong relationships with key partners and stakeholders (including executive level) by understanding key needs and dynamics across stakeholder groups, decision makers and influencers.
• Develop strategic sourcing strategies for specific business units executing purchases through the use of industry analysis, business knowledge, competitive analysis and sourcing expertise.

What do you need to succeed? Must have :

Nice-to-have :

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.

#LI-POST Job Skills Contract Management, Decision Making, Interpersonal Relationship Management, 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 : 2025-10-30

Application Deadline :

2025-11-14 Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above 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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