Senior Manager, Supplier Risk Management

Job title:

Senior Manager, Supplier Risk Management

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?Are you a dynamic leader who thrives on empowering teams and driving collaboration? This role goes beyond supplier risk to focus on fostering a cohesive team that effectively navigates the challenges of supplier risk management. Are you someone who thrives in a spirited team environment, questions the status quo and is naturally driven to continuous improvements and providing exceptional service? If so, then we would love to hear from you.As a Senior Manager, Supplier Risk Management, you are key member of the RBC Wealth Management Supplier Management Office (SMO) and will lead risk managers to service RBC Wealth Management (WM). WM SMO supports the WM businesses with third party lifecycle management by helping the business assess their suppliers and conducting due diligence activities. The position is responsible for facilitating/ensuring Wealth Management businesses and regions comply with the RBC Enterprise Supplier Risk Management policy which includes monitoring, reporting, compliance & audit related activities.What will you do?

• Lead with integrity and empathy with the aim to build out a high caliber team that creates value for all our stakeholders.
• Foster strong commitment to teamwork and cooperation; provide constructive feedback in areas of success, opportunities and improvement.
• Provide practical advice to the business and team, considering policy, standards, 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.
• Initiate quality control, identify gaps and opportunities for improvement in the third party lifecycle process, effectively prioritize and manage capacity

What do you need to succeed?Must Have

• Business Administration degree (BComm / MBA), third party risk management experience or equivalent such as operational risk.
• 3+ years’ experience in Canadian or International Financial Services.
• People manager experience with demonstrated ability to foster collaborative work and build high performance.
• Formidable critical thinking, analytical and problem-solving skills with a high degree of flexibility and resourcefulness.
• Excellent communication and coaching skills, including acting as a mentor to direct reports, ensuring their objectives are aligned to the strategy of the team

Nice to Have

• Understanding and knowledge of Third party risk management policy and standards, methodologies, best practices & audit requirements
• Working knowledge of the Archer Supplier Risk Management Application (SRMA)
• Working knowledge of iValua (Procurement Sourcing Application)
• Prior experience within a Supplier Management Office or other Risk Management Department

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 applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business and geographies

Job Skills Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall ModelAdditional Job DetailsAddress: 180 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: WEALTH MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-09-16Application Deadline: 2024-12-25Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion 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

Fri, 20 Dec 2024 08:32:24 GMT

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