2024 Summer - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary
Participates in and supports the operational activities of a business unit.

Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.

What is the opportunity?

What will you do?

Responsible for the provision of operational services within the Procurement team with a focus on providing internal client services and managing workflow related to financial analysis, requisitions and invoice processing for all areas of the RBC organization.
Provide Spend Analytics reporting (monthly, quarterly, etc.)
Support deal negotiations to ensure optimal value for RBC by improving levels of quality, service, technology, and pricing.
Work with RBC users to develop and execute Demand Management strategies by ensuring preferred supplier compliance, optimal product selection, usage reduction and substitution to drive Demand Management savings.
Proactively monitor user needs, behaviors and work to provide required products and services by liaising with users and suppliers
Supports the gathering of data in building strategy
Assist the Procurement team and businesses in the acquisition of goods and services.
Provide primary operational services to meet the business requirements of the internal client while enabling other Corporate Services functions to support organizational initiatives.
Support the Platform in development of specifications and demand management initiatives
Improve capabilities for RBC Globally to manage suppliers, make appropriate business decisions, leverage technology, and ensure cost efficiencies are realized.
Make decisions and recommendations on behalf of RBC to reduce its costs relative to the procurement of goods and services and Demand Management goals
Support, influence and challenge decisions based on data and insightful analyses
Working with Senior Procurement Representatives your goals will include the following:
Develop a comprehensive understanding of RBC spend for multiple categories
Build and maintain profiles of each of our Suppliers.
Develop performance related metrics to measure and report upon RBC, Supplier and sourcing effectiveness.
Build indepth Supplier Management knowledge.
Provide valuable support and guidance to RBC Business Unit with supplier management activities.
Evaluate / Recommends potential cost savings resulting from contract / relationship reviews.
Mitigate risk by educating RBC Business Units on the Supplier Management process.
Mitigate RBC risk exposure by ensuring that the RBC contract standards are followed.

What do you need to succeed?

Must-have

Achievement Motivation
Analytical thinking
Customer Service
Impact & Influence
Information Seeking
Business Acumen
Teamwork & Cooperation
Building Partnerships with Stakeholders
Relationship Building
MS Office skills (Word, Excel, PowerPoint, & Outlook)
Strong customer service, communication and interpersonal skills with the ability to deal effectively with others in a professional manner.
Demonstrated organizational skills and knowledge and ability to work in an agile and flexible environment.
Ability to complete projects on time, with accuracy and making the most effective use of available time.
Attention to accuracy and detail.
Strong problem solving and analytical skills.
Selfstarter; must work independently with mínimal supervision.

Nice-to-have

MBA, Law Stude
Experience in purchasing department of a service organization preferred
Supplier management experience preferred
Knowledge of RBC structure and relationships

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.

Network and build lasting relationships with students from diverse backgrounds from across Canada
Participate in fun events and gamification challenges to help build your career tool kit while enjoying a worklife balance
Leaders who support your development through coaching and learning opportunities
Work in a dynamic, collaborative, progressive and highly performing team
Ability to make a difference and lasting impact
Enjoy a comfortable work environment with the option to dress casually

Please note:

This posting is for a 4-months Summer 2024 Student placement with a start date of May 2024, and end date of August 2024.

In order to be eligible for this 4-months Student position, you must either:

Be returning back to school after the work term enddate of August 2024 ; or
If you are not returning back to school (i.e. are graduating in August 2024), you must require the full 4months work term as a mandatory component to i