Job Description
Job Summary
Job Description
What is the opportunity?
Working with the Director, Sourcing Execution and with RBC business leaders, the role will influence sourcing decisions and drive risk mitigation efforts by providing sourcing expertise to a portfolio of internal clients across RBC Functions (Human Resources, Group Risk Management, Chief Finance Office, Internal Audit, Chief Legal and Administration Office). Objectives include 1) building strong relationships across internal and external stakeholders to optimize third-party spend, foster thought partnership and drive stakeholder value; 2) delivering sourcing execution excellence by consistently adhering to policies and processes while continuously contributing to improving the Procurement practice at RBC; and 3) drive both financial and non-financial benefits that are aligned with RBC goals and values. This role potentially covers multiple sourcing categories including but not limited to professional services, HR services, software, management consulting.
What will you do?
Proactively manage a pipeline of sourcing activities, create plans to identify and recommend alternative sourcing strategies that maximize value for RBC.
Lead and execute complex sourcing initiatives (e.g. RFI, RFP, category strategy execution).
Negotiate and draft complex supplier contracts with support from centers of governance.
Advise business groups on fair sourcing and risk mitigation practices.
Build effective and strong relationships with internal clients (at all seniority levels) 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.
What do you need to succeed?
Must-have
Post-secondary education in related fields
7+ years’ experience in conducting strategic sourcing activities including negotiating in a competitive (RFx) and non-completive environment (direct negotiation) and drafting complex contract terms with minimal support from Legal counsel.
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 storytelling skills.
Nice-to-have
Management consulting and software negotiation experience.
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, competitive compensation, commissions, and stock where applicable
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
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
#LI-Hybrid
#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:
2026-04-25
Application Deadline:
2026-05-10
Note: Applications will be accepted until 11:5+ PM on the day prior to the application deadline date above
Inclusion 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
Job Description
What is the opportunity?
Working with the Director, Sourcing Execution and with RBC business leaders, the role will influence sourcing decisions and drive risk mitigation efforts by providing sourcing expertise to a portfolio of internal clients across RBC Functions (Human Resources, Group Risk Management, Chief Finance Office, Internal Audit, Chief Legal and Administration Office). Objectives include 1) building strong relationships across internal and external stakeholders to optimize third-party spend, foster thought partnership and drive stakeholder value; 2) delivering sourcing execution excellence by consistently adhering to policies and processes while continuously contributing to improving the Procurement practice at RBC; and 3) drive both financial and non-financial benefits that are aligned with RBC goals and values. This role potentially covers multiple sourcing categories including but not limited to professional services, HR services, software, management consulting.
What will you do?
Proactively manage a pipeline of sourcing activities, create plans to identify and recommend alternative sourcing strategies that maximize value for RBC.
Lead and execute complex sourcing initiatives (e.g. RFI, RFP, category strategy execution).
Negotiate and draft complex supplier contracts with support from centers of governance.
Advise business groups on fair sourcing and risk mitigation practices.
Build effective and strong relationships with internal clients (at all seniority levels) 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.
What do you need to succeed?
Must-have
Post-secondary education in related fields
7+ years’ experience in conducting strategic sourcing activities including negotiating in a competitive (RFx) and non-completive environment (direct negotiation) and drafting complex contract terms with minimal support from Legal counsel.
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 storytelling skills.
Nice-to-have
Management consulting and software negotiation experience.
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, competitive compensation, commissions, and stock where applicable
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
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
#LI-Hybrid
#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:
2026-04-25
Application Deadline:
2026-05-10
Note: Applications will be accepted until 11:5+ PM on the day prior to the application deadline date above
Inclusion 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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Manager, Sourcing position is now open for candidates interested in the Bank Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
