Director – Supplier Relationship Management
Company | Royal Bank of Canada |
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Location | Mississauga, ON, Canada |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Expert or higher |
Requirements
- Minimum 10 years of supplier management experience including third party risk management and supplier relationships
- In-depth knowledge of the OSFI B10 Guideline
- Demonstrated leadership and proven impact/influence capabilities
- Strong client focus and change management capabilities
- Excellent communication, facilitation and negotiation skills
Responsibilities
- 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
- Creates a supplier management community within Insurance ensuring awareness and transparency in Enterprise policy expectations in managing third party risk
- Chairs the Insurance Supplier Oversight Committee (ISOC) – oversees the evaluation of controls for critical supplier relationships, providing guidance and assurance to the business
- Collaborates with business and Procurement partners in driving cost efficiencies and protective contractual wording
- Accountable for department budgets and expenses ensuring they are tracked and reported accurately and cost management guidelines are maintained to achieve business plan
- 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
- Responsible for developing supplier strategy and building a comprehensive plan for managing relationships with suppliers, optimizing procurement, and improving overall performance
Preferred Qualifications
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No preferred qualifications provided.