Director, Third Party Software Portfolio Management

Job Description

What is the opportunity?

The Third Party & SaaS Solutions team is on a journey to mature our Enterprise practices across Third Party Software management. Reporting to the Senior Director, SaaS Solutions, the Director will lead a transformative, global third-party software portfolio management function that drives cost optimization, risk mitigation, and strategic alignment of software assets with business objectives. This role will champion governance, innovation, and operational excellence across a complex, distributed IT landscape.

• Design and implement a global third-party software management framework aligned with enterprise goals, including policies, standards, and compliance requirements.
• Chair the Third-Party Software Governance Council, fostering cross-functional collaboration among IT, Procurement, Legal, Finance, and Business Units.
• Develop a federated governance model to balance global standardization with regional flexibility.
• Lead the rationalization of the third-party software portfolio to eliminate redundancy, reduce costs, and consolidate vendors.
• Oversee Total Cost of Ownership (TCO) analysis and benchmarking to identify savings opportunities.
• Partner with Procurement and Engagement Owners to help negotiate enterprise-wide licensing agreements and pricing models aligned to new management strategy.
• Recommend tools and technology to enhance the existing processes and data.
• Deploy and oversee enterprise-grade tools for software asset discovery, inventory, and usage tracking.
• Drive process automation to reduce manual effort by 40–60%.
• Build strong relationships with regional IT leaders to ensure global-local alignment and adoption of standards.
• Develop training and awareness programs to upskill teams on tools, processes, and best practices.
• Monitor industry trends (e.g., cloud-native tools, AI-driven ITAM) and pilot innovative solutions.
• Conduct quarterly business reviews to refine strategies and address emerging challenges.
• Foster a culture of data-driven decision-making using analytics and AI insights.

• University degree or equivalent experience in IT Software optimization/Architecture practices
• 10+ years in Enterprise IT Leadership, with proven success in global transformations.
• Strong Data management skills and knowledge of technology
• Experience with Third Party IT Commercial agreements
• Excellent communication, business writing skills, negotiation and stakeholder management skills
• Strategic mindset and ability to synthesize information to frame messages effectively for the executives.
• Deep expertise / thought leadership with respect to business optimization and benefit measurement.

• Strong understanding of RBC Third Party risk practices

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

Adaptability, Commercial Acumen, Creative Visioning, Decision Making, Long Term Planning, Managerial Courage, Organizational Leadership, Organizational Savvy and Politics, Strategic Thinking

Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:

TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: TECHNOLOGY AND OPERATIONS

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

Inclusion and Equal…