At a Glance
- Tasks: Lead strategic procurement and manage supplier relationships to drive innovation and value.
- Company: Deutsche Bank, a leading global financial institution with a commitment to diversity.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Join a culture of continuous learning and support for diverse talents.
- Why this job: Make a real impact in banking while developing your leadership skills.
- Qualifications: Experience in financial services and strong negotiation skills required.
The predicted salary is between 80000 - 100000 € per year.
Location: London
Corporate Title: Director
Strategic Procurement in the Global Procurement and Vendor Management team (GPVM) responsible for ongoing sourcing and category management of circa €6bn of external third‑party expenditure. The team collaborates across the bank to drive innovation, maximise value opportunities, improve performance and risk management and also manages all commercial aspects of contracts to protect value by minimising risk of commercial loss through negating commercial disputes.
As Portfolio Lead you will be a high‑performing director looking to use expertise to focus on business and supplier engagement, people development, delivery against objectives and projects, and process improvements.
What we’ll offer you:
- Hybrid Working – we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- Competitive salary and non‑contributory pension.
- 30 days’ holiday plus bank holidays, with the option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.
Your key responsibilities:
- Engage with the Corporate Bank, Investment Bank, Private Bank, wider business areas, and suppliers to develop value‑led, joint strategic account plans, product, and service roadmaps ensuring that maximum value is being driven from the sourcing process along with developing supplier relationships and collaborating with suppliers to identify and drive innovation.
- Manage a team of professional Category Directors.
- Lead the development of Category strategies with business stakeholders with a view to communicating a clear and collective vision to generate savings.
Your skills and experience:
- Experience in Financial Services, specifically Investment, Corporate or Private Banking including procurement of Banking Software and Operations.
- In‑depth understanding of management/service delivery from third parties and experience leading global strategic supplier management relationships with organisations with high levels of complexity.
- Ability to engage and influence senior stakeholders.
- Demonstrable team player with strong interpersonal and management skills.
- Strategic agility necessary to create competitive and breakthrough strategies.
- Strong sourcing and governance focus with excellent negotiation skills.
- Professional certification beneficial, Member of the Chartered Institute of Procurement and Supply (MCIPS) or similar, good knowledge of contract law (United Kingdom, Germany, United States and/or international).
How we’ll support you:
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
- We value diversity and as an equal opportunities employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).
About us:
Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge to discuss how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Banking Services Director, Strategic Procurement employer: Deutsche Bank AG
Deutsche Bank is an exceptional employer, offering a dynamic work environment in London that fosters innovation and collaboration. With a strong commitment to employee development, competitive benefits including hybrid working, generous holiday allowances, and a focus on diversity and inclusion, employees are empowered to thrive both personally and professionally. The bank's dedication to corporate social responsibility and community engagement further enhances the rewarding experience of being part of a leading global financial institution.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Services Director, Strategic Procurement
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking and procurement sectors. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its culture, especially focusing on their approach to strategic procurement. Be ready to discuss how your experience aligns with their goals and how you can drive value in their sourcing processes.
✨Tip Number 3
Showcase your achievements! When you get the chance to chat with hiring managers, highlight specific examples of how you've successfully managed supplier relationships or led teams to achieve significant savings. Numbers speak volumes!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our team at Deutsche Bank. Let’s make it happen!
We think you need these skills to ace Banking Services Director, Strategic Procurement
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Banking Services Director. Highlight your experience in financial services and strategic procurement, focusing on how you've driven value and innovation in previous roles.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Mention specific achievements that align with the responsibilities outlined in the job description.
Showcase Your Skills:Don’t forget to highlight your negotiation skills and experience with supplier management. We want to see how you’ve engaged with senior stakeholders and led teams to success in complex environments.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Deutsche Bank AG
✨Know Your Numbers
As a Banking Services Director, you'll be dealing with significant figures. Brush up on the financial metrics relevant to the role, like the €6bn external expenditure. Be ready to discuss how you can drive value and savings in procurement.
✨Showcase Your Strategic Mindset
Prepare examples that highlight your strategic agility. Think about past experiences where you've developed successful category strategies or engaged senior stakeholders. This will demonstrate your ability to create competitive strategies.
✨Demonstrate Team Leadership
Since you'll be managing a team of Category Directors, come prepared to discuss your leadership style. Share specific instances where you've developed team members or improved processes, showcasing your interpersonal and management skills.
✨Understand Supplier Relationships
Familiarise yourself with best practices in supplier engagement and innovation. Be ready to discuss how you've previously collaborated with suppliers to drive value and mitigate risks, as this is crucial for the role.
