Senior Category Sourcing Manager - Vice President

Deutsche Bank • New York, NY

1d • $125,000 - $198,000 • Hybrid

About The Position

Global Procurement provides support to Deutsche Bank’s business and infrastructure divisions globally. You will engage with stakeholders to understand business requirements, develop sourcing strategies and plans, and execute sourcing events (e.g. RFPs) to create value for the Bank. You will be a member of the Banking Services category management team supporting Investment Bank, Corporate Bank, Private Bank, and Infrastructure divisions. Main Product areas that we actively engaged include Front Office Sales and Trading, Clearing, Settlement and Execution Services, Digital Custody Services, Payments – Cards, Payment Gateways, Online Banking, Loan servicing, shareholder servicing, HW, SW and Maintenance supporting banking and brokerage functions and Wealth Management banking, custody and brokerage. The Senior Category Sourcing Manager will need to have the aptitude to operate in this varied and often complex environment, with an ability to develop solutions to problems, with a self-led approach and strong communications skills.

Requirements

• Extensive experience in Procurement or similar function
• Strong negotiations skills and experience
• Experience with demand / consumption management, understanding of modeling techniques to monitor and adjust strategies dynamically
• Experience with providing aggressive reductions in the non-comp expense base through procurement and process reengineering by identifying and driving cost reductions, supplier consolidation, service delivery improvements, process efficiencies and risk mitigation
• Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

Nice To Haves

• Banking experience is highly regarded
• Self-organized, strategic thinker as well as an “executer” with emphasis on getting things done in right quality and on time
• Strong team player, able to work in virtual, global teams in a dual reporting matrix organization
• Strong communication, influencing and presentation skills (written/verbal for contract negotiations)
• High energy, flexible and with the ability to work in a fast-paced and global business environment

Responsibilities

• Lead the development of annual and medium-term strategic plans. Identifies specific sourcing projects/initiatives for the year including expected savings, resource requirements and associated timescales for completion
• Lead the execution and support the development of Category-based sourcing processes for assessing and fulfilling current and future sourcing needs
• Actively support knowledge management. Continually scan the category and industry environment to gather insights
• Manage complex sourcing deals, driving the supplier selection and negotiation process for key sourcing events
• Develop strong, productive working relationships with clients at a senior level
• Manage programs, people, and change; as commercial lead and / or commercial advisor on sourcing deals, lead and influence programs and people to produce desired changes and transformation
• Lead cross-functional teams spanning the Business line, legal, finance, and other Deutsche Bank functional areas. Depending on the size, scope, and timeline of the deal, lead and / or support peers in global procurement in delivering the solution

Benefits

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed