RBC · 1 day ago
Senior Manager, Strategic Sourcing
RBC is a leading financial institution seeking a Senior Manager, Strategic Sourcing to provide Procurement support within their CAO Functions Platform. The role involves influencing sourcing decisions, driving cost savings, and developing negotiation strategies for complex sourcing initiatives while managing relationships with key stakeholders.
BankingFinancial ServicesWealth Management
Responsibilities
Proactively manage pipeline of sourcing activities, create plans to identify and recommend alternative sourcing strategies that maximize value for RBC
Lead and execute complex sourcing initiatives through competitive evaluation (e.g. RFx, quotes)
Negotiate and draft complex supplier contracts, support business groups in managing supplier contracts in accordance with RBC policies
Build effective and strong relationships with key stakeholders (including executive level) 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
Provide mentoring, coaching to help develop skills and abilities of team members to optimize future job performance
Qualification
Required
Post-secondary education, related purchasing field or Procurement designation
7+ years' experience in global Procurement, sourcing and relationship management
Experience in leading stakeholder interactions/relationships and influencing business decisions
Strong contract acumen: AI contracts, Contract Gap Analysis, Redlining, Contract Negotiations
Strong organizational, analytical and presentation skills, delivering to Senior and Executive level leaders
Preferred
Financial Institution experience
Familiarity of Procurement law and/or regulations
Procurement certification
Benefits
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
Access to a variety of job opportunities across business and geographies
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Recent News
Private Capital Journal
2026-01-09
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