Analyst, Procurement Strategy & Transformation

Royal Bank of Canada

Job title:

Analyst, Procurement Strategy & Transformation

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?The Analyst, Procurement Strategy & Transformation will be responsible for bringing the facts and data to our procurement decision-making processes. You’ll support category strategies and RFx analytics across Global Procurement, while solving problems using data-driven insights.You’ll be part of a fun and engaged team of master storytellers who use facts and data to solve problems (big and small) and improve outcomes. To be successful, you’ll have expert analytical capabilities and a strong attention to detail, along with the ability to efficiently analyze large data sets in Excel and pull out the options, recommendations, and story you want to tell in a presentation format. You’ll collaborate closely with colleagues across Global Procurement, have a willingness to challenge the status quo and possess the ability to embrace change.What will you do?

  • Analytics – use facts and data to solve problems: Leverage your analytical prowess to solve tough problems and support the goals and objectives of Global Procurement. This will be done by analyzing third-party spend, supplier pricing proposals, contracts, identifying opportunities and supporting ongoing sourcing engagements.
  • Whether optimizing third-party spend for a particular category or consolidating and comparing pricing submissions from suppliers to identify outcomes, you’ll let the data guide you in solving these often-ambiguous challenges (this will be done through: RFx analytics and decision-making support, spend analysis and planning, benchmarking, industry research, bid evaluation and deal structuring, and spend forecasting).
  • You will develop category and supplier strategies that, in partnership with key stakeholders, can be implemented across the enterprise. Some strategies may lead to transformational changes across Global Procurement and the lines of business.
  • Storytelling – compel meaningful outcomes (changes, actions and more) through powerful and effective storytelling that adapts across all mediums and audiences. Partner with stakeholders to manage the impacts and change that may come from strategies you’ve developed.
  • Continuous improvement – always challenge the status quo: Support various strategic initiatives (big and small) including process re-design, strategy development, budget and priority-setting, digital culture transformation and more – it’s an exciting and fast-paced environment and you’ll be required to leverage your problem-solving, communication, project management, change management and creativity skills to be successful.

What do you need to succeed?Must-have

  • Bachelor’s degree in finance, Accounting, Business, Engineering, and/or similar discipline with analytical bias
  • Two years’ experience in business/financial analytics, with progressive responsibility and a demonstrated track record of delivery
  • Strong critical thinking and problem solving skills, superb written and oral communication skills and Meticulous attention to detail
  • Expert level in Microsoft Office applications; particularly PowerPoint and Excel skills (pivots, complex logic statements, lookups, etc.)
  • Fearful of mediocrity and a willingness to embrace change

Nice-to-have

  • Tableau and/or Power BI experience
  • Related experience within a matrixed corporate environment

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
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in an agile, collaborative, progressive, and high-performing team
  • The opportunity to interface with senior level executives from many different parts of the organization

#LI-Hybrid#LI-POSTJob SkillsAdditional Job DetailsAddress: BAY WELLINGTON TOWER, 181 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: STRATEGY AND ADMINISTRATIONJob Type: RegularPay Type: SalariedPosted Date: 2024-06-27Application Deadline: 2024-08-30Inclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Expected salary

Location

Toronto, ON

Job date

Sat, 29 Jun 2024 02:09:20 GMT

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