Job Summary

Job Description

What is the opportunity? 

Do you embrace new challenges? Are you passionate about supplier management and driving change initiatives amongst the challenges and opportunities within the third-party risk domain? Are you someone who thrives in a spirited team environment, questions the status quo and is naturally driven to seek opportunities for cost efficiencies and process improvement? If so, then we would love to hear from you.

As a Senior Supplier Risk Analyst, you will be a member of our global Supplier Management team and support RBC’s Wealth Management (WM) platform. In this role, you will execute on supplier management activities, supporting the delivery of our Third-Party Risk (TPR) governance requirements. Key activities include but are not limited to stakeholder engagement of business partners and vendors, conducting cross-regional supplier reviews and other assessments, supplier spend analysis, business case development and planning, supplier performance monitoring and reporting, as well as supporting various change and acquisition integration initiatives within WM’s overall Supplier Management program.

What will you do?

Drive key projects and integration initiatives through superior prioritization and organizational skills.Communicate and lead change management activities to supports the rollout of enterprise policies and standards, processes, and tools.Identify and recommend the need for change and efficiencies within the WM supplier management program and integration initiatives.  Lead with integrity and empathy while providing practical advice, considering regulatory and business objectives. This could include addressing business queries on supplier risk management, supplier relationship management and third-party risk program activities.Develop relationships across global WM and other RBC Business Platforms, including procurement, supplier management offices and centers of governance.Support supplier governance and oversight activities throughout the third-party lifecycle and help identify and drive efficiencies and improvements across the supplier base.

      

What do you need to succeed?

Must Have

Business Administration degree or equivalent.3+ years of experience in Supplier Risk/Risk Management.Risk and Governance practicesFrameworks and methodologies3+ years’ experience in Canadian or International Financial Services.Project and/or change management experience.Strong communication & relationship management skills with the ability to present information effectively to various audiences.Formidable critical thinking, analytical and problem-solving skills with a high degree of flexibility and resourcefulness.Ability to manage through influence at various levels, including senior management.Advanced Microsoft Office Suite skills (e.g. Microsoft Excel and PowerPoint)

Nice to Have

Risk Certification and/or PMP certification an assetData management and data visualization, such as Tableau.Understanding of systems development lifecycle, including software models (cloud, SaaS, IaaS, PaaS)Familiarity with the financial services and wealth management investment industry trends in supplier lifecycle, business, products/services, processes/workflowsAbility to read contract and commercial purchase language3-5 years of combined knowledge, skill and background in supplier/vendor management, risk practices, procurement, business continuity, audit or compliance functions, preferably within one or more lines of businesses

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, competitive compensation, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities to take on progressively greater accountabilities   Access to a variety of job opportunities across business and geographies

Job Skills

Business Process Design, Critical Thinking, Operational Risks, Risk Control, Standard Operating Procedure (SOP), Teamwork

Additional Job Details

Address:

180 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-17

Application Deadline:

2025-07-25

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.