• Job Description

  Req#: R-0000126740

  Job Summary

  Job Description

  Job Description

  What is the opportunity?

  As Director, Sourcing Execution, you will be responsible for the development of sourcing and savings/cost avoidance strategies while ensuring a sustainable supply chain to support RBC businesses, and optimizing total value generated from RBC’s supplier base. This role executes and manages procurement needs by building a vision and road map to diagnose our client requirements and vendor capabilities. The Director, Sourcing Execution leads a team of sourcing practitioners in negotiating non-complex (low risk) and complex (high value/high risk) deals. This role is essential in strengthening relationships with business unit clients and vendors as well as ensuring solutions are developed and delivered on time and against operational and financial business targets.

  What will you do?

  • Relationship Management – 20%
  • Strategy Development and Opportunity Assessment – 20%
  • Decision Evaluation and Contract Execution – 25%
  • Governance, Risk and Controls-10%
  • Leadership – 25%

  What you need to succeed?

  Must-have

  • Executive Relationship Development and People Management Experience.
  • Experience leading complex enterprise-wide negotiations.
  • Leadership and management of a global team.
  • Experience in Global procurement, supply chain and category management.
  • Strong grasp of procurement law and/or regulations.

  Nice-to-have

  • 10 years of prior experience leading sourcing activities and Excellent communication and stakeholder management skills.
  • Strong Business, Financial and Negotiation Skills.
  • Experience Leading Complex deals with a total contract value of $10Million or more.
  • Post-secondary education in Supply Chain or related field. Procurement Designation.

  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 and 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.

  #LI-Post
  #LI-Hybrid

  Job Skills

  Contract Management, Decision Making, Interpersonal Relationship Management, Long Term Planning, Negotiation, Reviewing Contracts, Sourcing and Procurement, Supplier Evaluations, Waterfall Model

  Additional Job Details

  Address:

  BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

  City:

  TORONTO

  Country:

  Canada

  Work hours/week:

  37.5

  Employment Type:

  Full time

  Platform:

  CHIEF LEGAL & ADMIN OFFICE GRP

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2025-05-22

  Application Deadline:

  2025-06-05

  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.

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• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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