Senior Manager, Supplier Initiatives & Transformation

RBC; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading financial institution in Toronto is looking for a Senior Manager to join its Wealth Management sector. The successful candidate will lead transformational initiatives in supplier risk management and compliance, implementing strategic processes to optimize governance. The role demands over 7 years of experience and offers a collaborative atmosphere to drive change and deliver impactful solutions. The company values progressive thinking and teamwork, with a comprehensive rewards program to enrich employee potential.

Benefits

Competitive compensation

Flexible benefits

Bonuses and stock options

Development opportunities

Qualifications

• 7+ years in supplier risk, operational risk, third-party governance, and/or transformation is required.
• Deep understanding of regulatory frameworks (OSFI B10, PRA) and risk methodologies.
• Exceptional skills in persuading stakeholders and presenting to senior leadership.

Responsibilities

• Enhance risk management practices, regulatory adherence, and automation.
• Champion transformation efforts, including communication and adoption strategies.
• Generate executive reports on risk trends, compliance status, and performance metrics.

Skills

Communication

Financial Instruments

Fraud Risk Management

Long Term Planning

Operational Risks

Risk Control

Risk Management

Waterfall Model

Education

University degree in Business, Finance, Risk Management, or equivalent

Tools

Tableau

Archer

iValua

Job description

Job Description

Do you thrive in dynamic environments where strategic thinking and collaboration drive change? RBC’s Wealth Management segment Supplier Management team seeks a Senior Manager to elevate our third‑party risk and supplier governance programs. This role empowers you to drive change, innovate processes, and deliver impactful solutions and shape Wealth Management’s Operational Risk Resilience while growing your expertise, whether through hands‑on execution or team leadership. In this role, you will lead transformational initiatives to optimize supplier risk management practices, spearhead issue management and control assurance, drive regulatory compliance. Key activities include but are not limited to supporting various change and integration initiatives within WM’s overall Supplier Management program.

What will you do?

• Drive Transformation: Enhance risk management practices, regulatory adherence, and automation.
• Change Management: Champion transformation efforts, including stakeholder communication, training, and adoption strategies.
• Strategic Execution: Plan and execute for supplier risk mitigation, compliance automation, and operational excellence.
• Issue Resolution & Control Assurance: Manage end‑to‑end third‑party issue lifecycle (root cause analysis, action plans, closure) to ensure adherence to standards.
• Stakeholder Influence: Collaborate with global teams and provide cross regional support; enable stakeholders and partners with healthy friction to adhere to risk management best practices.
• Data Insights & Reporting: Generate executive reports on risk trends, compliance status, and performance metrics.
• Governance & Compliance: Ensure supplier due diligence and adherence to RBC policies, standards and regulatory guidelines.

What do you need to succeed?

Must Have

• Education: University degree in Business, Finance, Risk Management, or equivalent.
• Experience: 7+ years in supplier risk, operational risk, third‑party governance, and/or transformation.
• Risk & Compliance: Deep understanding of regulatory frameworks (OSFI B10, PRA) and third‑party risk methodologies.
• Strategic Execution: Proven ability to drive complex initiatives from concept to completion.
• Influence & Communication: Exceptional skills in persuading stakeholders and presenting to senior leadership.
• Problem‑Solving: Analytical rigor and creativity in resolving ambiguous challenges.
• Technical Skills: Proficiency in data analysis, reporting tools (e.g., Tableau), and SRM platforms.

Nice to Have

• Certifications: PMP, CISM, CRISC, third party risk or equivalent.
• Industry Tools: Hands‑on experience with Archer and iValua.
• Financial Services: Background in wealth management or capital markets.
• Change Management: Formal training in OCM or process reengineering.
• Global Mindset: Experience supporting cross‑regional supplier ecosystems.
• People Management: 3+ years developing high‑performing teams (coaching, delegation, talent strategy).

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, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high‑performing team

Job Skills

Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model

Additional Job Details

Address: 180 WELLINGTON ST W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-12-19

Application Deadline: 2026-01-14

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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.