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- Tasks: Lead strategic procurement and drive innovation in banking services.
- 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 personal development.
- Why this job: Make a real impact in a dynamic environment while developing your career.
- Qualifications: Experience in financial services and strong negotiation skills required.
The predicted salary is between 80000 - 100000 £ per year.
Strategic Procurement in the Global Procurement and Vendor Management team (GPVM) is responsible for the 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 the 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 on adjustmentsconcierge@db.com 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 in London employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking Services Director, 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 those interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you articulate why you're the perfect fit for the Banking Services Director role.
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience in financial services and strategic procurement. Highlight your achievements and how you've driven value in previous roles. Confidence is key!
✨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!
We think you need these skills to ace Banking Services Director, Strategic Procurement in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in financial services and procurement. We want to see how your skills align with the role of Banking Services Director, so don’t hold back on showcasing your relevant achievements!
Showcase Your Strategic Thinking: In your application, emphasise your ability to develop strategic account plans and drive innovation. We’re looking for someone who can engage with stakeholders and suppliers effectively, so share examples that demonstrate your strategic agility and negotiation skills.
Highlight Team Leadership Experience: As a Portfolio Lead, you’ll be managing a team of Category Directors. Make sure to mention any previous leadership roles and how you’ve developed teams in the past. We love seeing candidates who can inspire and guide others towards achieving objectives.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do – just follow the prompts and you’ll be set!
How to prepare for a job interview at Deutsche Bank
✨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 of how you've developed and implemented successful category strategies in the past. Highlight your ability to engage with senior stakeholders and influence decisions that lead to innovation and improved performance.
✨Demonstrate Team Leadership Skills
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 led projects that resulted in process improvements.
✨Understand the Market Landscape
Familiarise yourself with current trends in financial services, especially in procurement and supplier management. Being able to discuss how these trends impact the bank's strategy will show your depth of knowledge and strategic agility.