Analyst, Supplier Risk Management
Analyst, Supplier Risk Management
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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
Whats 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 ManagementAdditional Job Details
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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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Required Experience:
IC
Employment Type
Full-Time
