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

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? Working with Senior Procurement representatives your responsibilities may include the following: 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 oppor