Senior Manager, Sourcing Execution

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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. It will partner with senior management to proactively develop negotiation and contract strategies for high risk/complex and sensitive sourcing initiatives. It 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.

It will develop and negotiate complex (strategically critical, high value, or high risk) contract strategies that provide cost-effective, sustainable solutions to RBC businesses, optimizing total value generated from RBC’s supplier base.

• Identify and analyze the strategic issues and challenges related to various supplier strategies and recommend 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 sourcing initiatives.
• Negotiate complex supplier contracts, support business groups in managing supplier contracts and relationships, and draft and make 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.

• 7-10 years’ experience in global procurement, sourcing and leading and supporting stakeholder interactions/relationship management
• Core expertise in IT sourcing categories including software, professional services, outsourcing, enterprise applications, Cloud Computing etc.
• Understanding of procurement law/regulations.
• Strong contract/supplier negotiation skills
• Business and Financial Acumen
• Strong analytical skills
• Excellent Communication and Presentation Skills

• Supplier Management/Procurement Certification
• Financial Industry experience

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

• Contract Management
• Contract Review
• Decision Making
• Interpersonal Relationship Management
• Negotiation
• Sourcing and Procurement
• Supplier Evaluations
• Waterfall Model

Address: 6000 FAIRVIEW ROAD, CHARLOTTE

City:
Charlotte

Country:
United States of America

Work hours/week: 40

Employment Type:

Full time

Platform: CHIEF LEGAL & ADMIN OFFICE GRP

Job Type: Regular

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note:

Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications 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.