At a Glance
- Tasks: Lead strategic procurement and supplier engagement in a dynamic banking environment.
- Company: Join a leading financial services firm with a commitment to innovation and collaboration.
- Benefits: Enjoy hybrid working, competitive salary, generous holiday, and health benefits.
- Other info: Embrace a culture of continuous learning and diversity.
- 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.
The Global Procurement and Vendor Management (GPVM) team is responsible for sourcing and category management of approximately €6bn of external third‑party expenditure. As Portfolio Lead, you will act as a high‑performing Director who focuses on business and supplier engagement, people development, delivery against objectives and projects, and process improvements. You will protect value by minimizing the risk of commercial loss and negotiating contracts to mitigate commercial disputes.
Benefits
- Hybrid working model – eligible employees can work remotely for part of their working time.
- 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.
- Flexible benefits including retail discounts, a Bike4Work scheme and gym benefits.
- Opportunity to support a wide‑ranging CSR programme plus 2 days’ volunteering leave per year.
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 maximum value is being driven from the sourcing process.
- Develop supplier relationships and collaborate with suppliers to identify and drive innovation.
- Manage a team of professional Category Directors.
- Lead the development of category strategies with business stakeholders, communicating a clear and collective vision to generate savings.
Essential Skills & 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 experience leading global strategic supplier‑management relationships with complex organisations.
- Ability to engage and influence senior stakeholders.
- Demonstrated team player with strong interpersonal and management skills.
- Strategic agility 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, and good knowledge of contract law in the United Kingdom, Germany, United States and/or internationally.
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 are an equal‑opportunity employer, making reasonable adjustments for those with a disability (e.g., assistive equipment, adapted keyboards).
- We welcome applications from all people and promote a positive, fair and inclusive work environment.
- If you have a disability, health condition, or require adjustments during the application process, we encourage you to contact our Adjustments Concierge.
- We strive for a culture in which we are empowered to excel together every day, acting responsibly, thinking commercially, taking initiative and working collaboratively.
Banking Services Director, Strategic Procurement in London employer: Deutsche Bank AG
As a leading employer in the financial services sector, we offer a dynamic work environment in London that fosters professional growth and innovation. Our commitment to employee well-being is reflected in our hybrid working model, competitive salary, generous holiday allowance, and comprehensive benefits package, including private healthcare and life assurance. Join us to be part of a diverse team that values collaboration and continuous learning, while making a meaningful impact through our CSR initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Services Director, Strategic Procurement in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Banking Services Director, Strategic Procurement in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank AG.
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Research and Reflect:Before hitting that 'apply' button on Deutsche Bank AG's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Deutsche Bank AG
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank AG.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Deutsche Bank AG employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
