Analyst, Supplier Risk Management

RBC; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A major financial institution in Toronto seeks an Analyst for Supplier Risk Management to oversee supplier management activities, perform risk assessments, and enhance supplier performance monitoring. The successful candidate will have a degree in Business or Finance and relevant experience. This full-time position offers a dynamic and collaborative work environment with opportunities for professional growth.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Coaching and development opportunities

Qualifications

• 2+ years of relevant experience in a related field.
• Experience working in a Cyber Security role is a plus.
• Experience with acquiring new suppliers or services is an asset.
• Knowledge of commercial purchase contract language is beneficial.

Responsibilities

• Lead supplier management activities for market data engagements.
• Perform third-party risk assessments and due diligence.
• Manage supplier performance monitoring and oversight.
• Liaise with suppliers to support due diligence reviews.
• Participate in strategic meetings with stakeholders.
• Assist in onboarding applications for monitoring.
• Maintain supplier assessments for audits.

Skills

Active Learning

Adaptability

Analyze Information

Critical Thinking

Decision Making

Effectiveness Measurement

Management Procedures

Process Improvements

Project Management

Risk Management

Supplier Management

Supplier Risk Management

Education

Degree in Business or Finance

Job description

Job Summary

Job Description

What is the opportunity?

The Analyst, Supplier Risk Management is responsible for leading Capital Markets’ supplier management activities for market data, Tier 3 and Tier 4 engagements and will act as the subject matter expert in working with key business partners in leading

third party risk assessments and overall due diligence for global operations. This role will be working with

internal and external stakeholders throughout the supplier management lifecycle process.

What will you do?

• Serve as central point-of-contact for suppliers, business units and centre of governance offices in managing supplier arrangements from on boarding to off boarding
• Assist the BUs in performing third party risk assessments and overall due diligence activities
• Support BUs on the management of supplier performance monitoring and oversight through reviews and documenting required post-contract activities (e.g. SOC reviews, exit strategies, SM attestations/Performance monitoring, etc.)
• Engage suppliers where necessary in obtaining documentation and information to support required due diligence reviews
• Participate in strategic meetings with suppliers, BU, and CoGs to ensure timely completion of risk assessments
• Liaise with other departments to onboard applications for user access control monitoring; assist in the implementation of application SSO
• Continual maintenance of supplier assessments and compliance for internal / external audits
• Remediate risk findings, communicate impact to BUs; and with the assistance of IT Risk, work with BUs and Executives to ensure timely and accurate closure of open issues
• Continual improvement in procedures, automation, reduce cycle time, and improve analytical capability while reducing errors
• Lead new initiatives/projects for process efficiencies, workflow dependencies and transparency of records

What you need to succeed?

• Degree in Business or Finance with 2+ years of prior relevant experience
• Experience working in a Cyber Security role, a plus
• Experience on projects or programs that require acquisition of new supplier or services, a plus
• Knowledge of commercial purchase contract language, a plus

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, competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

#LI-KA2

Job Skills

Active Learning, Adaptability, Analyze Information, Critical Thinking, Decision Making, Effectiveness Measurement, Management Procedures, Process Improvements, Project Management, Risk Management, Supplier Management, Supplier Risk Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-30

Application Deadline:

2025-08-13

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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