Manager, Sourcing

4 weeks ago


Jersey City, New Jersey, United States Royal Bank of Canada Full time

Come Work with Us

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Manager, Sourcing (IT and Non IT)

Job Description

Lead negotiations of all commercial terms on contracts and understanding levers to optimize on cost, quality and supplier performance
- Ensure all nonstandard terms and conditions are identified, documented and explained to the client and appropriately approved by the relevant parties prior to contract execution
- Clearly understand and adhere to RBC's Third Party policy and procedures including updating all procurement applications with accurate and timely
- Support and enable "end to end" sourcing process for a given category by providing key negotiation and pricing advice to the clients that will deliver cost savings and/or reduce risk
- Responsible for creating value add partnerships, strategy and execution to deliver against specific cost savings and avoidance targets
- Be accountable within the team to drive transformational priorities, aggressive savings targets, and overall best in class procurement process

The good-faith expected salary range for the above position is $80,000-$ depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

· Drives RBC's high performance culture

· Enables collective achievement of our strategic goals

· Generates sustainable shareholder returns and above market shareholder value

Job Summary

provide support and assistance to the Director in order to execute the sourcing strategy related to technology and non-technology related services ensuring alignment with category plans and consistency in supplier engagements. You will negotiate IT and Non IT agreements including Master Agreements, Transaction Schedules, Statement of Works, Amendments and other relevant documents in partnership with Centers of Governance. You will be accountable for running RFI, RFQ and RFQ or conducting direct negotiations with suppliers, completing supplier due diligence, developing compelling financial modeling/data analysis to drive negotiation strategies.

Address:

Jersey City, New Jersey, United States of America

City:

USA-NJ-JERSEY CITY

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Strategy and Administration

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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