What is the opportunity?

The purpose of this position is to execute RBC Insurance Supplier Management Office processes and methodologies. The RBC Insurance Supplier Management Office encompasses a multi-level approach to managing RBCI suppliers. This position has a primary focus on the activities, roles, relationships, artifacts, tools and technologies that support and enable best practices with respect to the management of Third Party Supplier, Non-Supplier Third Parties and Intra-group Arrangements. This position will support all Risk Management activities, and reporting requirements as outlined by RBC Third Party Risk with the primary intent to meet due diligence requirements while identifying opportunities for efficiencies of suppliers.  This position will work closely with the Manager, Governance & Controls, Operational Partnerships and Director, Operational Partnerships and support RBCI key stakeholders and suppliers.

What will you do?

• Oversight of Insurance Supplier Management Office functions and managing supplier risk related activities through Enterprise systems and technologies (i.e. Ivalua, Supplier Risk Management Application (SRMA)/Archer, etc.)

• Provide subject matter expertise and guidance regarding all supplier risk related activities to Insurance supplier management community and partners

• Partner with RBCI business, Centres of Governance (CoGs) i.e. IT Risk, Privacy and other Enterprise partners to on-board new or reassess existing suppliers, and/or mitigate incidents and breaches

• Oversight of supplier inventory, financial reporting and other reports as needed

• Support the roll out of new risk technology, including change management and adoption

• Participate in initiatives related to Third Party Risk and Enterprise activities and communicate priorities, reporting requirements, policies and standards to Supplier Management community

What will you need to be successful?

Must Have:

• Minimum 1 year in supplier relationship management, supplier management strategies or related risk practices

• Excellent analytical, problem solving and decision-making skills using strong efficiencies in Excel, Tableau, etc

• Demonstrate the ability to drive deliverables to completion; both independently and in a team environment

• Effective collaborator – active listener, respectfully challenges, strong influencer and negotiator

• Client-focused and process-driven, ability to build sustainable relationships through loyalty and trust by proactively anticipating needs/resolving issues/transparency

Nice to Have:

• Knowledge of OSFI B10 Guidelines and Enterprise Third Party Risk policies and standards

• Knowledge of RBC’s SRM suite of tools (e.g. SRMA, Ivalua)

• Strong facilitation and presentation skills as well as excellent written skills

• Maturity level and skill/judgment to be able to deal effectively with senior managers at all levels and across the Enterprise

• Strong planning, analytical & critical thinking, organizational, change management and meeting management and facilitation skills

• Excellent decision making and problem solving skills, ability to anticipate opportunities / problems and present effective solutions

What’s in it for you?

• A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

• Competitive pay and high-earning potential

• All the tools, training, and team support you need to grow your career

• Flexible work/life balance options

• Sophisticated RBCI software tools to boost your productivity

RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager.

RBC requires as a condition of employment that all successful candidates in the United States and Canada be fully vaccinated against COVID-19 prior to their start date, and may require proof of the same. Reasonable accommodation is available where required by law.