Job Summary
As a Senior Supplier Governance Analyst, you will be responsible for supporting our Global Supplier Management team in their governance and support of RBC’s Wealth Management (WM) platform.
In this role, you will execute the day-to-day 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 and invoice analytics, business case development, supplier performance monitoring and reporting, as well as supporting various change initiatives within WM’s overall Supplier Management program.
Job Description
- Conduct regional and cross-region reviews of supplier inventories, activities and spend to identify improvement opportunities. This will include identifying potential savings via supplier or contract rationalization and consolidation, addressing gaps versus organizational standards and general supplier risk mitigation.
- Develop relationships across global WM and other RBC Business Platforms that will support Supplier Governance and oversight activities and help identify and drive efficiencies and improvements across the supplier base.
- Act as key support for WM as well as non-WM anchored suppliers where WM is utilizing the supplier services. This includes addressing ad-hoc questions from business stakeholders, supporting RBC Supplier Managers/Global Supplier Managers with governance activities, performing investigations and analysis as required.
- Act as key support for developing, implementing, and managing best practice regarding invoice and expense hygiene. Ensuring we are able to trace invoices back to appropriate agreements and the appropriate reconciliation and documentation is in place.
- Supports adherence to appropriate policies & standards and procedures, including the use of available tools.
- Preparation of relevant reporting on spend initiatives, key supplier profiles and supplier performance.
- Other projects and duties, as assigned.
Job Skills
Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, TeamworkAdditional Job Details
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