Royal Bank of Canada

Software Asset Manager

Royal Bank of Canada$90K — $110K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-8 years of Software IT Asset Management experience.
  • Ability to review and understand software licensing documents.
  • Knowledge of software discovery inventory tools and collection methods.
  • Familiarity with software models, metrics, and asset management best practices.
  • Proficient in industry SAM tools, specifically Flexera and ServiceNow.

Responsibilities

  • Track and monitor software asset records for compliance.
  • Facilitate software maintenance renewals and true-ups.
  • Capture software usage and counts using a licensing management system.
  • Load purchase orders into the licensing system and convert activity into entitlements.
  • Implement software strategies in collaboration with the Software Category Manager.
  • Review industry product releases to assess licensing impact.
  • Advise product owners on procurement processes and agreements.
  • Research and implement cost-saving initiatives for contracts.
  • Develop and enhance software asset management processes.

Benefits

  • Progressive career path in technology risk management.
  • Comprehensive Total Rewards Program including flexible benefits.
  • Supportive leadership for professional development.
  • Opportunity to make a lasting impact in the organization.
  • Dynamic and collaborative work environment.
  • World-class training program in financial services.
Full Job Description
Job Description

What is the opportunity?

This position joins a team of software professionals who collectively provide software contract and asset management services within the organization. This role will manage a portfolio of key software contracts across the enterprise.
The Software IT Asset Manager reports to the Sr. Manager of the Software Asset Management team.

What will you do?
  • Tracks, monitors, and updates software asset records to ensure compliance with vendor contracts.
  • Facilitates and processes software maintenance renewals or true-ups for key vendor contracts.
  • Monitors and captures software usage and counts within the licensing management system. Performs software inventory discovery and collection processes.
  • Loads purchase orders and asset tracking records into a licensing system, including converting purchase activity into license entitlements.
  • Liaise with the Software Category Manager to implement software strategies such as co-terming agreements.
  • Reviews industry or product releases that impact licensing requirements, structures, metrics, and models.
  • Provides direction to and consultation with software product owners regarding processes and procedures related to software procurement, new products, agreements, renewals, and amendments.
  • Research, recommend and implement cost saving initiatives throughout the contract period,
  • Develops, tests, and implemented new processes or tools to facilitate more efficient software asset processes.
  • Lead and or support ITAM standards and control testing to provide evidence of management of assets


What do you need to succeed?

Must-have
  • 5-8 years of Software IT Asset Management experience.
  • Proven ability to review and understand software licensing documents.
  • Strong knowledge and experience with software discovery inventory tools and collection methods.
  • Knowledge of software models, metrics, and asset management best practices.
  • Effective in influencing asset management practices and adapting to evolving software procurement processes.
  • Strong knowledge of top industry Software Asset Management (SAM) tools, specifically Fllexera and Servicenow


Nice-to-have
  • Strong understanding of ITAM governance, policies and compliance standards
  • Strong experience working with large amounts of data sets in various asset management industry tools
  • Strong experience in creating and presenting presentations for senior management
  • Experience with documenting workflows and process gap analysis (Microsoft Visio, Mural)


What's in it for you?

  • A progressive career path in technology risk management and cyber security risk management.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, and competitive compensation.
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high performing team
  • A world-class training program in financial services


#LI-POST

#TECHPJ

Job Skills
Analytical Thinking, Critical Thinking, Customer Support Systems, Group Problem Solving, Installation Support, IT Service Level Management, IT Service Management (ITSM), IT Standards, Software Asset Management (SAM), Software Licensing, Standards Compliance, Technical Troubleshooting

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-11

Application Deadline:

2026-09-30
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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