2024 Fall - CAO, Global Procurement Intern (4 Months)

RBC

3mo ago

Applications are closed

Internship
Full-time
Off-cycle Internship
Legal
Toronto

Requirements

Must-have:
Achievement Motivation
Analytical thinking
Customer Service
Impact & Influence
Information Seeking
Business Acumen
Teamwork & Cooperation
Building Partnerships with Stakeholders
Relationship Building
MS Office skills (Word, Excel, PowerPoint, & Outlook)
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.
Ability to complete projects on time, with accuracy and making the most effective use of available time.
Attention to accuracy and detail.
Strong problem solving and analytical skills.
Self-starter; must work independently with minimal supervision.
Nice-to-have:
MBA , Law Student
Experience in purchasing department of a service organization preferred
Supplier management experience preferred
Knowledge of RBC structure and relationships

Responsibilities

Responsible for the provision of operational services within the Procurement team with a focus on providing internal client services and managing workflow related to financial analysis, requisitions and invoice processing for all areas of the RBC organization.
Provide Spend Analytics reporting (monthly, quarterly, etc.)
Support deal negotiations to ensure optimal value for RBC by improving levels of quality, service, technology, and pricing.
Work with RBC users to develop and execute Demand Management strategies by ensuring preferred supplier compliance, optimal product selection, usage reduction and substitution to drive Demand Management savings.
Proactively monitor user needs, behaviors and work to provide required products and services by liaising with users and suppliers
Supports the gathering of data in building strategy
Assist the Procurement team and businesses in the acquisition of goods and services.
Provide primary operational services to meet the business requirements of the internal client while enabling other Corporate Services functions to support organizational initiatives.
Support the Platform in development of specifications and demand management initiatives
Improve capabilities for RBC Globally to manage suppliers, make appropriate business decisions, leverage technology, and ensure cost efficiencies are realized.
Make decisions and recommendations on behalf of RBC to reduce its costs relative to the procurement of goods and services and Demand Management goals
Support, influence and challenge decisions based on data and insightful analyses
Working with Senior Procurement Representatives your goals will include the following:
Develop a comprehensive understanding of RBC spend for multiple categories
Build and maintain profiles of each of our Suppliers.
Develop performance related metrics to measure and report upon RBC, Supplier and sourcing effectiveness.
Build in-depth Supplier Management knowledge.
Provide valuable support and guidance to RBC Business Unit with supplier management activities.
Evaluate / Recommends potential cost savings resulting from contract / relationship reviews.
Mitigate risk by educating RBC Business Units on the Supplier Management process.
Mitigate RBC risk exposure by ensuring that the RBC contract standards are followed.

RBC

Ideas Happen Here.

Finance

Industry

10,001+

Employees

1864

Founded Year

Mission & Purpose

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 88,000+ employees who leverage their imaginations and insights to 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 our 17 million clients in Canada, the U.S. and 27 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.