Associate, Third Party Governance, Global Supplier Management

What is the opportunity?

The purpose of this position is to support the RBC Capital Markets supplier management program and processes. The Capital Markets Supplier Management Office leads the platform in driving flexible best practices for the management and oversight of supplier relationship globally, including defining roles, relationships, activities, and tools. Act as a subject matter expert in Enterprise Third Party Risk Policy for Capital Markets. As Governance Subject Matter Expert analyse data related to policy gaps and ensure remediation through training, communication and performance requirements while providing guidance to Supplier Managers, and members of the SMO team.

What will you do?

• Audit and Compliance
  • Supplier Manager Training - Formal: Assists in management of mandatory Supplier Manager training. Confirms individuals who have completed supplier manager training and assigns new supplier managers to courses. Manages follow-up on all issues with Workday and SMO team.
  • Material Supplier Performance: Manages Bi-annual deep dive survey on Material Suppliers. Surveys tracked to completion and analyzed. Output is a high priority agenda item to the Material Supplier Quarterly Review to flag issues and hotspots.
  • Legacy supplier initiative: Supports CM SMO to annually analyze spend data, and map completed Risk Assessments to confirm CM complies with Third Party Risk Standards.
• Communication
  • Continuous upgrades the RBC Connect site to improve user interface. Manage content and collecting relevant content from CMSMO and Stakeholders for content for all Communication channels. Provides support to CM SMO on Quarterly Newsletter preparation.
• Project Management
  • Periodically supports CM SMO in managing supplier incidents requiring significant communication to collect, document and retention of response.
  • Identify and implement opportunities and gaps with current processes and procedures.
• Analysis
  • Supports ad-hoc requests for information on supplier portfolio and composition.
  • Provides support of research regarding CM supplier base. Example: Suppliers fitting specific criteria, Spend lookup and presentation.

What you need to succeed?

• University Degree in Business or related field
• Project management skills
• Experience in mining and analysis of data and databases as well as the development/production of reports.
• Strong presentation skills, verbal, and written communication skills.
• Proven ability to execute quality documentation.
• Business Process Improvement - ability to identify, document and implement solutions.
• Proven ability to partner with key internal/external risk stakeholders - ETPR/GRM, Suppliers
• Ability to prioritize and be highly adaptable, flexible, and effective.
• Strong problem-solving skills - Accurately defines problems and identifies relevant factors. Objectively considers alternatives and anticipates impact of possible solutions.
• Intermediate to advanced Excel, Word, Power Point skills. Including ability to use excel functions.
• Good level understanding of RBC's infrastructure services and organization. Specifically, SRMA Archer and Ivalua applications

Nice-to-have:

• Understanding of the Capital Markers organization and products.

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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 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.