Supplier Risk Manager

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Supplier Risk Manager to oversee supplier governance and engage in change management within their Wealth Management platform. The ideal candidate will have over 3 years of experience in Supplier Risk Management, strong communication skills, and a Business Administration degree. This full-time position offers a dynamic environment focused on collaborative and progressive work.

Benefits

Dynamic, collaborative, high-performing team

Opportunities for challenging work

Ability to make a difference

Qualifications

• 3+ years of experience in Supplier Risk/Risk Management and/or Operational Risk.
• Familiarity with risk and governance practices, frameworks, and methodologies.
• Project and/or change management experience.
• Strong communication skills to present information to various audiences.

Responsibilities

• Support supplier governance and oversight activities.
• Communicate and lead change management activities.
• Identify and drive efficiencies across the supplier base.
• Manage or support projects related to supplier risk management.

Skills

Supplier Risk Management

Change Management

Relationship Management

Analytical Skills

Microsoft Office Suite

Education

Business Administration degree or equivalent

Tools

Excel

PowerPoint

Job description

What is the opportunity?

What is the opportunity? Do you embrace new challenges? Are you passionate about supplier management and driving change initiatives within the third-party risk domain? If so, then we would love to hear from you. As a Supplier Risk Manager, you will be a member of the Supplier Management office and support RBC’s Wealth Management platform. In this role, you will execute supplier management activities, supporting the delivery of Third-Party Risk governance requirements, including stakeholder engagement with business partners and vendors, cross-regional supplier reviews and assessments, supplier spend analysis, business case development, supplier performance monitoring and reporting, and supporting change and acquisition integration initiatives within WM’s Supplier Management program.

Responsibilities

• Support supplier governance and oversight activities throughout the third-party lifecycle by acting as a subject matter expert to ensure risks are fully assessed and documented in the supplier risk system.
• Communicate and lead change management activities to support the rollout of enterprise policies, standards, processes, and tools.
• Identify and drive efficiencies and improvements across the supplier base.
• Provide practical advice with integrity and empathy, considering regulatory and business objectives; address business queries on supplier risk management activities and the third-party risk program.
• Develop relationships across global Wealth Management and other RBC platforms, including procurement, supplier management offices, and governance centers.
• Manage or support projects related to supplier risk management activities.
• Partner with the 2nd Line of Defense to address regulatory and internal audit requests related to third-party supplier requirements (e.g., FRB, OSFI).
• Prepare ad hoc and scheduled third-party risk reporting per guidelines.

What you need to succeed

Must Have

• Business Administration degree or equivalent.
• 3+ years of experience in Supplier Risk/Risk Management and/or Operational Risk; familiarity with risk and governance practices, frameworks, and methodologies.
• Good understanding of RBC structure and services.
• Project and/or change management experience.
• Strong communication and relationship management skills with the ability to present information to various audiences.
• Excellent critical thinking, analytical and problem-solving skills with flexibility and resourcefulness.
• Ability to influence at various levels, including senior management.
• Advanced Microsoft Office Suite skills (Excel and PowerPoint).

Nice to Have

• Risk Certification and/or PMP certification
• Issue management and remediation experience
• Prior experience in a Supplier Management Office or another Risk Management Department
• Understanding of third-party risk management policy, standards, methodologies, best practices, and audit requirements

What’s in it for you?

We thrive on challenging ourselves, thinking progressively, and delivering trusted advice to help our clients and communities prosper. We value collaboration, potential, and making a difference.

• Ability to make a difference and lasting impact
• Dynamic, collaborative, progressive, high-performing team
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities

Job Skills

Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork

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: 2025-09-24
• Application Deadline: 2025-10-11

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 with diverse perspectives is core to our growth. We strive to deliver a workplace based on respect, belonging and opportunity for all.

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