Functions Supplier Management Office (FSMO) is seeking a Manager, Risk Supplier Management, to join our team. In this role, you will be instrumental in ensuring compliance with Third Party Risk Management (TPRM) Policy and Standards requirements and driving effective supplier governance across the Functions Portfolio. You will work collaboratively with Business partners, Centre of governance and technology teams to safeguard RBC's risk posture through comprehensive supplier due diligence and ongoing relationship management.
Third-Party Risk Management & Compliance In accordance with RBC's Enterprise Policy on Third Party, Non-supplier third party (NSTP) and Intra-Group service providers, lead day-to-day execution of Supplier Risk Management Assessments following RBC's TPRM established processes and OSFI guidelines Collaborate with key stakeholders to gather and document risk requirements for new and existing supplier engagements Ensure effective management and implementation of appropriate controls for third-party arrangements aligned to TPRM policies to monitor and mitigate supplier engagement risk across the FSMO portfolio, including performance monitoring, exit strategy assurance, SOC reviews, and termination activities RBC Assist Pro, approved AI channels, dashboards) to streamline information gathering and summarizing activities as well as investigating adherence to TPRM and regulatory requirements Triage operational issues and risks, applying judgment to determine appropriate resolution or escalation to senior management Process Improvement & Reporting Support the development and maintenance of supplier risk management procedures and process documentation Support governance reporting and provide visibility on supplier risk posture to senior leadership Document and communicate risk findings and mitigation strategies across business partners Bachelor's degree in Business Administration, Finance, Risk Management, or related field ~3-5 years of experience in risk management, supplier management, or related operational roles, including experience with risk governance practices, frameworks, and methodologies ~ Strong understanding of Third-Party Risk Management (TPRM) frameworks and regulatory requirements (OSFI, RBC policies) ~ Demonstrated ability to conduct risk assessments and compliance reviews ~ Strong relationship-building and client focus capabilities Formal supplier management certifications or designations (CTPRP, CRM, or similar) Working knowledge of supplier risk management tools (such as Archer or Ivalua) Experience in financial services or other regulated industries Proficiency with contract lifecycle management Project or process improvement experience A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable A world-class training program in financial services Flexible work/life balance options Analytical Thinking, Communication, Compliance Management, Design Thinking, Financial Acumen, Interpersonal Relationships, Management Process, Operation Risk Management, Problem Solving, Process Management, Teamwork, Vendor Management, Vendor Risk Management Employment Type: Full time CHIEF LEGAL & ADMIN OFFICE GRP We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and prospect for all. #
📌 Manager, Risk Supplier Management (Toronto)
🏢 RBC
📍 Toronto