Winter 2027 - CLAO, Procurement Analyst Intern (4 Months)

0000050007 Royal Bank of Canada; Toronto; On-site; CAD 22,000 - 31,000; Full time

Job summary

Royal Bank of Canada is seeking a Procurement Intern for Global Procurement. You will support spend analytics across multiple categories, assist in supplier management, and help draft and review contracts for technology and services.

The role requires strong communication, data analysis skills, and the ability to work in a fast-paced environment. This 4-month winter internship (Jan–April 2027) is based in Ontario, Canada.

Qualifications

• Currently enrolled at a Canadian post-secondary institution with a focus on Supply Chain, Procurement, Law, Business Administration, Data Science, or related fields.
• Excellent interpersonal and highly developed communication skills (verbal and written)
• Self-driven and capable of working in a fast-paced environment
• Attention to accuracy and detail

Responsibilities

• Develop a comprehensive understanding of RBC spend for multiple categories.
• Build in-depth Supplier Management knowledge and provide support to RBC units with supplier management activities.
• Participate in drafting, reviewing and negotiating contracts for products/services.
• Assist the Procurement team and businesses in the acquisition of goods and services.
• Develop performance metrics to measure sourcing effectiveness and savings opportunities.
• Support end-to-end sourcing processes and ensure policies are followed.

Skills

Supplier management

Data analysis

Communication skills

MS Office

Independent work

Education

Post-secondary student

Tools

Excel

Word

PowerPoint

Outlook

Job description

What is the opportunity?

Are you interested in the opportunity to work as an Intern for Global Procurement at RBC? By applying to this job posting, you will be considered for the Procurement Intern role available in RBC’s Global Procurement - Banking and Financial Services Sourcing Team.

What will you do?

• Develop a comprehensive understanding of RBC spend for multiple categories.
• Build in-depth Supplier Management knowledge and provide valuable support and guidance to RBC Banking and Financial Services Business Units with supplier management activities.
• Participate in drafting, reviewing and negotiating contracts for various products and/or services (e.g. technology, consulting services).
• Mitigate RBC risk exposure by ensuring that the RBC contract standards are followed.
• Assist the Procurement team and businesses in the acquisition of goods and services.
• Develop performance related metrics to measure and report upon RBC, Supplier and sourcing effectiveness.
• Evaluate / recommend potential cost savings resulting from contract / relationship reviews.
• Mitigate risk by educating RBC Business Units on the Supplier Management process.
• Support, influence and challenge decisions based on data and insightful analyses.
• Assist in managing end to end sourcing process for assigned categories, including: Manage eRFx processes as applicable. Ensure established policies and practices (internal controls) are adhered to in the sourcing process. Source Suppliers offering the best combination of price, service and quality. Identify working groups and oversight boards ensuring representation from key stakeholders and impacted LOB. Ensure mandatory due diligence is performed and accountable for reporting/tracking potential savings. Continuously improves the end-to-end sourcing process. Use spend information and category metrics to influence business groups to address key opportunities for demand management.

What do you need to succeed?

• Currently enrolled at a Canadian post-secondary institution with a focus on Supply Chain, Procurement, Law, Business Administration, Data Science, or related fields.
• Excellent interpersonal and highly developed communication skills (verbal and written)
• Excellent storytelling skills.
• Creative and analytical thinker who is self-driven and capable of working in a fast-paced environment.
• MS Office skills (Word, Excel, PowerPoint, & Outlook)
• Ability to complete projects on time, with accuracy and making the most effective use of available time.
• Attention to accuracy and detail.
• Supplier management experience
• Leadership acumen and a passion to apply it in a dynamic business environment.
• Ability to perform complex data analysis on large volumes of data and present findings to stakeholders.
• Strong customer service, communication, and interpersonal skills with the ability to deal effectively with others in a professional manner.
• Demonstrated organizational skills and knowledge and ability to work in an agile and flexible environment.
• Self-starter; must work independently with minimal supervision.

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. Network and build lasting relationships with students from diverse backgrounds from across Canada. Participate in company events to help build your career tool kit while enjoying a work-life balance. Leaders who support your development through coaching and learning opportunities Work in a dynamic, collaborative, progressive and highly performing team. Ability to make a difference and lasting impact. Enjoy a comfortable work environment.

Additional Job Details

Address: BAY WELLINGTON TOWER, 181 BAY ST:TORONTO City: Toronto Country: Canada

Work hours/week: 37.5

Location: Ontario

Employment Type: Full time

Platform: CHIEF LEGAL & ADMIN OFFICE GRP

Job Type: Student/Coop (Fixed Term)

Pay Type: Salaried

Posted Date: 2026-08-31

Application Deadline: 2026-09-21

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

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.

RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

Please note: This posting is for a 4-months Winter 2027 Student placement with a start date of January 2027, and end date of April 2027. In order to be eligible for this 4-months Student position, you must either: Be returning back to school after the work term end-date of April 2027 ; or If you are not returning back to school (i.e. are graduating in April 2027), you must require the full 4-months work term as a mandatory component to in order to graduate successfully. Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.

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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.