Job Description What is the opportunity? What will you do?
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Leads and manages across all lines of business for Insurance all supplier management activities including: Strategy \& Optimization, Transaction Management, Operations \& Maintenance, Operational Effectiveness and Performance Management
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Creates a supplier management community within Insurance ensuring awareness and transparency in Enterprise policy expectations in managing third party risk.
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Chairs the Insurance Supplier Oversight Committee (ISOC) -- oversees the evaluation of controls for critical supplier relationships, providing guidance and assurance to the business.
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Collaborates with business and Procurement partners in driving cost efficiencies and protective contractual wording.
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Accountable for department budgets and expenses ensuring they are tracked and reported accurately and cost management guidelines are maintained to achieve business plan
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Effectively leads and motivates a team who provide day-to-day guidance to business re supplier framework, due diligence, on-boarding and off-boarding, contract renewals and/or changes, and supplier spend processing and analytics. Ensures Supplier Management team strengthens relationship with internal and external business partners.
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Responsible for developing supplier strategy and building a comprehensive plan for managing relationships with suppliers, optimizing procurement, and improving overall performance
What will you need to succeed?
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Minimum 10 years of supplier management experience including third party risk management and supplier relationships
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In-depth knowledge of the OSFI B10 Guideline
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Demonstrated leadership and proven impact/influence capabilities
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Strong client focus and change management capabilities
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Excellent communication, facilitation and negotiation skills
What's in it for you?
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A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
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Competitive pay and high-earning potential
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All the tools, training, and team support you need to grow your career
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Flexible work/life balance options
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Sophisticated RBCI software tools to boost your productivity
Additional Job Details
Royal Bank of Canada
