Director, Sourcing

Job Description

Job Description What is the opportunity? This role leads RBC's sourcing strategy and execution across the enterprise. You will build and manage a high-performing team of sourcing professionals who partner with business units to understand their needs, develop tailored sourcing strategies, and negotiate supplier agreements that deliver cost savings and sustainable value. Your core responsibilities are to align sourcing initiatives with strategic category plans, optimize total value from RBC's supplier base, and ensure reliable, cost-effective supply chain execution. You will lead relationships with both internal clients and key suppliers, translating business requirements into clear sourcing roadmaps and managing negotiations across deals of varying complexity and risk. This is a critical leadership role that bridges strategy and execution ensuring business units receive dedicated support while suppliers deliver solutions that meet operational and financial targets. What will you do? Relationship Management Leads executive stakeholder engagement, influences decision makers, and establishes governance frameworks for stakeholder management Builds and maintains trusted supplier relationships to optimize pricing, quality, and all value drivers whilst balancing the risk outcomes Develops contingency supplier plans aligned with sourcing strategy and business unit objectives Leverages industry experts, associations, and peers to identify and benchmark best practices Sourcing Strategy Development & Opportunity Assessment Strategy Alignment & Planning – Aligns sourcing execution with enterprise strategy and Strategic Category Management vision; identifies opportunities and develops supplier strategy recommendations with business unit buy-in Governance & Risk Management – Supports enterprise-wide sourcing policies, standards, and supplier performance frameworks; identifies vulnerabilities, conducts risk assessments, and implements corrective actions and early warning systems Executive Leadership – Presents supplier strategy recommendations to senior executives for approval; scopes and prioritizes new sourcing opportunities for leadership consideration; provides strategic guidance on complex procurement planning Stakeholder Consideration – Evaluates supplier options against organizational objectives while accounting for social, cultural, and stakeholder interests Decision Evaluation and Contract Execution Makes decisions on sensitive or controversial procurement evaluations and processes Leads complex deal negotiations to secure optimal agreements on quality, cost, timing, and supplier terms Establishes and adapts negotiation strategies and parameters across organizational levels Drafts deal principles and leads contract preparation for complex transactions Maintains and regularly reviews procurement tools and templates including central contract repository to ensure compliance and consistency Advises internal clients on complex procurement issues and compel

Required Skills