Rbc

SeniorManager,SourcingExecution

Toronto, Ontario, Canada FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Senior Manager, Sourcing Execution at Rbc. Skills: sourcing, supplier consolidation, cost savings, cost avoidance, negotiation, contract strategies, data analysis, playbooks, strategies, supplier base optimization. influence sourcing decisions. drive supplier consolidation, cost savings and cost avoidance efforts”

What You'll Achieve.

drive supplier consolidation, cost savings and cost avoidance efforts; optimizing total value generated from RBC’s supplier base; Deliver on cost reduction commitments

Industry & Context.

Problems you'll solve

analytical skills

What They're Looking For.

Must Have

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., contract/supplier negotiation skills, Business and Financial Acumen, analytical skills, Excellent Communication and Presentation Skills

Nice to Have

Supplier Management/Procurement Certification, Financial Industry experience

What You'll Do.

influence sourcing decisions

drive supplier consolidation

cost savings and cost avoidance efforts

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

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

develop and negotiate complex (strategically critical

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

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

consolidate critical and non-critical requirements across different suppliers.

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 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

competitive analysis and sourcing expertise.

How You'll Work.

Team & Collaboration

partner with senior management; Build effective and relationships with key partners and stakeholders (including executive level) by understanding key needs and dynamics across stakeholder groups, decision makers and influencers.; supports business groups in managing supplier contracts and relationships

Communication Scope

Excellent Communication and Presentation Skills

Full Job Description

**_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 strategie

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