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- Tasks: Lead strategic procurement initiatives and drive innovation across banking services.
- Company: Join Deutsche Bank, a leading global financial institution with a commitment to diversity.
- Benefits: Enjoy hybrid working, competitive salary, generous holiday, and health benefits.
- Why this job: Make a real impact in a dynamic environment while developing your career.
- Qualifications: Experience in financial services and strong stakeholder engagement skills required.
- Other info: Embrace a culture of continuous learning and support for personal development.
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 Sourcing & Category Management of circa €6bn of external third-party expenditure.
Role Purpose: The team collaborates across the Bank to drive innovation, maximise value opportunities, improve performance and risk management, and manages all commercial aspects of contracts to protect value by minimising risk of commercial loss. As Portfolio Lead you will be a high-performing Director focusing on business and supplier engagement, people development, delivery against objectives and projects, and process improvements.
What We Offer:
- Hybrid Working – flexible remote options
- Competitive salary and non-contributory pension
- 30 days’ holiday plus bank holidays; option to purchase additional days
- Life Assurance and Private Healthcare for you and family
- Flexible benefits: Retail discounts, Bike4Work scheme, Gym benefits
- CSR programme support + 2 days volunteering leave per year
Key Responsibilities:
- Engage with Corporate Bank, Investment Bank, Private Bank, wider business areas and suppliers to develop value-led joint strategic account plans, product and service roadmaps ensuring maximum value from the sourcing process and driving innovation.
- Manage a team of professional Category Directors.
- Lead development of Category strategies with business stakeholders and communicate a clear, collective vision to generate savings.
Skills and Experience:
- Experience in Financial Services, specifically Investment, Corporate or Private Banking including procurement of Banking Software and Operations.
- In-depth understanding of third-party management/service delivery and leading global strategic supplier relationships with complex organisations.
- Ability to engage and influence senior stakeholders.
- Strong team player with interpersonal and management skills.
- Strategic agility to create competitive and breakthrough strategies.
- Strong sourcing and governance focus with excellent negotiation skills.
- Professional certification beneficial; MCIPS or similar.
- Good knowledge of contract law (UK, Germany, US and/or international).
Support and Development: Coaching and support from experts; culture of continuous learning; diversity and inclusion commitment.
Equal Opportunity Statement: We value diversity and, as an equal opportunities employer, we make reasonable adjustments for those with a disability such as assistive equipment if required. If you have a disability, health condition, or require adjustments during the application process, contact our Adjustments Concierge.
About Deutsche Bank: Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK has been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years, awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for LGBTQ+ inclusion. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Banking and Corporate Functions Portfolio Lead, Strategic Procurement in London employer: Deutsche Bank AG
Contact Detail:
Deutsche Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking and Corporate Functions Portfolio Lead, Strategic Procurement in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and procurement sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your skills in strategic procurement. This will help you tailor your responses and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! As a Portfolio Lead, you'll need to demonstrate strong negotiation abilities. Role-play with a friend or mentor to get comfortable discussing value-driven strategies and managing supplier relationships.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. So, get your application in and let’s make it happen!
We think you need these skills to ace Banking and Corporate Functions Portfolio Lead, Strategic Procurement in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Banking Services Portfolio Lead. Highlight your experience in financial services and procurement, focusing on relevant achievements that demonstrate your strategic agility and negotiation skills.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to showcase your understanding of third-party management and how you can drive innovation and value in our sourcing process.
Showcase Your Team Leadership Skills: As a Portfolio Lead, you'll be managing a team. Make sure to highlight your interpersonal and management skills in your application. Share examples of how you've developed teams and delivered against objectives in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. This way, you can ensure all your details are captured correctly and we can get back to you as soon as possible!
How to prepare for a job interview at Deutsche Bank AG
✨Know Your Numbers
Make sure you’re familiar with the financial metrics and figures relevant to the role. Understand the €6bn external expenditure and be ready to discuss how you can drive value from it. This shows you’re not just a fit for the role, but that you’ve done your homework.
✨Engage with Stakeholders
Prepare to talk about your experience in engaging and influencing senior stakeholders. Think of specific examples where you’ve successfully managed relationships or led strategic initiatives. This will demonstrate your ability to navigate complex organisational structures.
✨Showcase Your Strategic Agility
Be ready to discuss how you’ve developed competitive strategies in the past. Bring examples of how you’ve driven innovation and maximised value opportunities. This is key for a Portfolio Lead, so make sure you highlight your strategic thinking.
✨Brush Up on Contract Law
Since the role involves managing commercial aspects of contracts, having a solid understanding of contract law is crucial. Be prepared to discuss any relevant experiences you have, especially in relation to UK, German, or US laws. This will show you’re well-equipped to handle the complexities of the role.