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Job Description
Application Deadline: July 3, 2026
This role can be located the Caribbean Banking Market or in Canada where the successful candidate resides
What is the opportunity?
In this role you will work with the Director, Global Procurement, conduct sourcing activities for PB&CB - Caribbean Banking which influence strategic decision making and drive cost efficiencies. This role gathers and analyzes data and business requirements; manages the RFx process; and prepares findings for Caribbean Executive & Senior Management. This role also develops and negotiates contract strategies which provide cost effective, sustainable solutions to RBC's business and optimizes total value generated from RBC's supplier database.
What will you do?
Develop sourcing strategies and help align procurement activity to the organization’s procurement and business objectives by using industry analysis, business knowledge, competitive analysis and sourcing expertise.
Use spend information and category metrics to influence business groups to address key opportunities.
Balance cost and complexity to identify and analyze strategic issues, business unit opportunities, service levels, and consolidate critical and non-critical requirements across different suppliers.
Evaluate supplier proposals by interpreting and analyzing proposals against business requirements to recommend the best fit supplier to Director, Global Procurement and/or Caribbean Executive/Senior Management.
Create a robust and effective negotiation strategy in alignment with RBC's business needs, with a view to achieving cost effective pricing and other risk-based terms and conditions that protect RBC's interests.
Prepare and draft contract terms, working with the Law Unit and Centres of Governance to ensure all terms are compliant and meet business requirements.
Working with the Director, Global Procurement, leads the negotiation process from preparation through to execution for assigned contracts.
Build effective and strong relationships with key internal partners and stakeholders by understanding needs and dynamics across stakeholder groups, decision makers and influencers.
Influence and lead key internal sponsors and stakeholders through the sourcing process, to gain buy-in, overcome challenges and deliver on high priority, high-risk, complex initiatives.
Develop and maintain trusted relationships with key suppliers, negotiating pricing/and or quality of service while minimizing risk.
Manage the end-to-end RFx process in compliance with all governance requirements.
Manages procurement policies, processes and procedures to ensure the supplies of quality goods are acquired efficiently, on time and at a reasonable cost.
What do you need to succeed?
Must-have
Post Secondary Education in Business Administration, Business Management, Finance, Accounting, Law or related Sourcing Field
Experience in Sourcing of non-complex and complex Procurement deals
Understanding of procurement law and/or regulations
Business and Financial Acumen
Nice-to-Have
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.
Opportunity to do challenging work
Leaders that support your development
Work in a dynamic and collaborative team
Job Skills
Business Objectives, Contract Negotiations, Contractual Drafting, Critical Thinking, Data-Driven Decision Making, Difficult Conversation Management, Financial Analysis, Financial Modeling, Negotiation Analysis, Negotiation Planning, Strategic Objectives, Work CollaborativelyAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
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