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Director – Supplier Relationship Management

Director – Supplier Relationship Management

CompanyRoyal Bank of Canada
LocationMississauga, ON, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelExpert 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

    No preferred qualifications provided.