Analyst, Procurement Strategy & Transformation

RBC; Toronto; On-site; CAD 65,000 - 85,000; Full time

Job summary

RBC is seeking an Analyst for Procurement Strategy & Transformation in Toronto. The role involves utilizing data to influence procurement decisions, requiring strong analytical skills and attention to detail. Applicants should have a bachelor’s degree and two years of relevant experience, with a strong command of Excel and PowerPoint.

Benefits

Comprehensive Total Rewards Program including bonuses and benefits

Support for professional development and coaching

Dynamic and collaborative team environment

Qualifications

• Two years’ experience in business/financial analytics.
• Expert level in Microsoft Office applications.
• Strong critical thinking and meticulous attention to detail.

Responsibilities

• Leverage analytical skills to solve problems and support procurement.
• Analyze third-party spend and supplier pricing proposals.
• Develop category and supplier strategies with stakeholders.

Skills

Analytical skills

Problem-solving

Communication skills

Attention to detail

Education

Bachelor’s degree in finance, Accounting, Business, Engineering

Tools

Microsoft Excel

Microsoft PowerPoint

Tableau

Power BI

Job description

Job Summary

Job Description

What is the opportunity?

The Analyst, Procurement Strategy & Transformation will be responsible for bringing the facts and data to our procurement decision-making processes. You’ll support category strategies and RFx analytics across Global Procurement, while solving problems using data-driven insights.

You’ll be part of a fun and engaged team of master storytellers who use facts and data to solve problems (big and small) and improve outcomes. To be successful, you’ll have expert analytical capabilities and a strong attention to detail, along with the ability to efficiently analyze large data sets in Excel and pull out the options, recommendations, and story you want to tell in a presentation format. You’ll collaborate closely with colleagues across Global Procurement, have a willingness to challenge the status quo and possess the ability to embrace change.

What will you do?

• Analytics – use facts and data to solve problems: Leverage your analytical prowess to solve tough problems and support the goals and objectives of Global Procurement. This will be done by analyzing third-party spend, supplier pricing proposals, contracts, identifying opportunities and supporting ongoing sourcing engagements.
• Whether optimizing third-party spend for a particular category or consolidating and comparing pricing submissions from suppliers to identify outcomes, you’ll let the data guide you in solving these often-ambiguous challenges (this will be done through: RFx analytics and decision-making support, spend analysis and planning, benchmarking, industry research, bid evaluation and deal structuring, and spend forecasting).
• You will develop category and supplier strategies that, in partnership with key stakeholders, can be implemented across the enterprise. Some strategies may lead to transformational changes across Global Procurement and the lines of business.
• Storytelling – compel meaningful outcomes (changes, actions and more) through powerful and effective storytelling that adapts across all mediums and audiences. Partner with stakeholders to manage the impacts and change that may come from strategies you’ve developed.
• Continuous improvement – always challenge the status quo: Support various strategic initiatives (big and small) including process re-design, strategy development, budget and priority-setting, digital culture transformation and more – it’s an exciting and fast-paced environment and you’ll be required to leverage your problem-solving, communication, project management, change management and creativity skills to be successful.

What do you need to succeed?

Must-have

• Bachelor’s degree in finance, Accounting, Business, Engineering, and/or similar discipline with analytical bias
• Two years’ experience in business/financial analytics, with progressive responsibility and a demonstrated track record of delivery
• Expert level in Microsoft Office applications; particularly PowerPoint and Excel skills (pivots, complex logic statements, lookups, etc.)
• Strong critical thinking, problem solving and communication skills
• Meticulous attention to detail

Nice-to-have

• Tableau and/or Power BI experience
• Related experience within a matrixed corporate environment

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Job Skills

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-09

Application Deadline:

2025-06-23

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, 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 opportunity for all.

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