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

Posted 5 Hours Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
Internship
Fintech • Insurance
The Role
Supports RBC Global Procurement’s Technology Sourcing team through spend analysis, supplier management, contract review and negotiation, sourcing processes, eRFx activities, due diligence, performance metrics, savings identification, and risk mitigation. The intern helps business units acquire goods and services, analyzes procurement data, reports insights, and improves end-to-end sourcing processes. This is a four-month Winter 2027 student placement requiring enrollment at a Canadian post-secondary institution.
Summary Generated by Built In

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 - Technology 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 Business Unit with supplier management activities.
  • Participate in the drafting, review and negotiation of contracts for various products and/or 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?

   Must-have

  • 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.

Nice-to-have

  • 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.

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.

We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 20, 2026. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.

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.

ET27

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

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:

2026-08-27

Application Deadline:

2026-09-21

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

Our Employment Opportunities

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.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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.

Skills Required

  • Currently enrolled at a Canadian post-secondary institution, focusing on Supply Chain, Procurement, Law, Business Administration, Data Science, or a related field
  • Excellent interpersonal and verbal and written communication skills
  • Excellent storytelling skills
  • Creative and analytical thinking, self-motivation, and ability to work in a fast-paced environment
  • Microsoft Office skills, including Word, Excel, PowerPoint, and Outlook
  • Ability to complete projects on time accurately and use available time effectively
  • Strong attention to accuracy and detail
  • Supplier management experience
  • Leadership acumen and 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
  • Organizational skills and ability to work in an agile and flexible environment
  • Ability to work independently with minimal supervision
  • Must return to school after April 2027, or require the full four-month work term as a mandatory graduation component
  • Must be located within Ontario for the duration of the work term

RBC Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about RBC and has not been reviewed or approved by RBC.

  • Healthcare Strength Healthcare coverage is positioned as robust, including medical, dental, vision, life insurance, and disability coverage, with day-one eligibility in some U.S. roles. Mental-health support and virtual care offerings are also emphasized as meaningful parts of the package.
  • Retirement Support Retirement and savings support is described as a structured part of total rewards, including 401(k) matching in the U.S. and enhanced defined-contribution pension contributions in Canada. Additional savings vehicles and employer contributions are presented as adding material value beyond base salary.
  • Parental & Family Support Family-oriented benefits are highlighted through paid parental/caregiver leave in certain U.S. roles and expanded support for fertility, surrogacy, and adoption in Canada. Backup care and related family supports are also presented as strengthening overall benefits attractiveness.

RBC Insights

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The Company
HQ: Toronto, Ontario
88,000 Employees
Year Founded: 1901

What We Do

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.

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