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RBC is seeking a Procurement Intern for the Global Procurement team in Toronto, Ontario. The role focuses on understanding spend, supporting supplier management, and assisting in contract drafting and procurement processes for technology, consulting, and related services.
The 4-month winter 2027 placement requires coordination with academic calendars and may involve hybrid work within Ontario. Strong analytical, communication, and MS Office skills are valued.
Job Description
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.
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:
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.
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.
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:
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 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 arrangementsfor this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.
ET27
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
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:
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
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.