RBC · 1 day ago
Senior Manager, Sourcing Execution
Minneapolis, MN
Full-time
Onsite
Senior Level
$90K/yr - $160K/yr
7+ years expRBC is a leading financial institution seeking a Senior Manager, Sourcing Execution to influence sourcing decisions and drive supplier consolidation. The role involves developing negotiation strategies, analyzing data for sourcing initiatives, and building relationships with key stakeholders to optimize supplier contracts and costs.
BankingFinancial ServicesWealth Management
Responsibilities
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 strategies for specific business units executing purchases through the use of industry analysis, business knowledge, competitive analysis and sourcing expertise
Qualification
Required
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
Preferred
Supplier Management/Procurement Certification
Financial Industry experience
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
Opportunities to take on progressively greater accountabilities
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
10001+ employees
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
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
Private Capital Journal
2026-01-09
Company data provided by crunchbase