Job Description

Details of the Division and Team: Sound financial principles are at the core of everything we offer. That’s why Global Procurement is vital to the way we run our business. In a global marketplace that’s constantly evolving, being adaptable, decisive and precise is critical - and this is exactly the culture of our Global Procurement team. We are a global function providing e2e strategic sourcing with robust category management and best-in-class S2P procurement operations. Together, we oversee all of Deutsche Bank’s third-party spend, globally. We’re united by a commitment to uncompromising quality, the development of talented people and a willingness to challenge ourselves and others. Join us and you’ll be able to add real value as a business partner. We provide high-quality sourcing guidance and analytics to our businesses and infrastructure functions, measuring and analysing performance and identifying areas to drive innovative change. This is a strategic group, where we look to control costs, optimize the selection and contracting of our vendor base, limit risk and strengthen our decision-making process. What we will offer you: A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities: In this role you will be accountable for delivering the sourcing vision and strategy across the APAC and MEA regions. You will also be accountable for supporting business goals and client needs, for a specified portfolio of complex sourcing interactions across the Professional Services category for the APAC and MEA region. Specific subcategories include Strategic Consulting, Advisory, Human Resources, Tax, Audit, etc. You will also translate the strategy into objectives and plans for implementation to deliver best-in-class strategic sourcing and category management in APAC & MEA. The focus is on developing deeper commercial and cost discipline capability within the Bank, determining future opportunities to drive new behaviours in the business. Key Responsibilities:

• Leading the execution and supporting the development of category, regional and divisional based sourcing processes for assessing and fulfilling current and future sourcing needs.
• Acting as process owner and champion for the strategic sourcing and consumption management processes in your area of spend.
• Managing complex sourcing deals, driving the supplier selection and negotiation process for key sourcing events.
• Agreeing priorities and performance goals for junior Sourcing Managers, guiding the execution of strategy for all category spend.
• Leading the development of annual and medium-term strategic plans, in collaboration with clients and colleagues, for all new sourcing projects, ensuring savings are built into budgets and the annual operating plan.
• Identifying specific sourcing projects / initiatives for the year including expected savings, resource requirements and associated timescales for completion.
• Ensuring clear alignment between sourcing objectives and the client’s short and long-term interests.
• Focusing on rationalising the vendor base for a specified category and / or region whilst fostering supplier development through supporting the building of a world class internal vendor management capability, including driving common and shared standards of vendor management across the Bank.
• Executing strategies to extract supply-side savings and managing demand-side consumption in order to lower the Bank’s Total Cost of Ownership (TCO) for external spend as it relates to the specified category.
• Developing strong and productive working relationships with clients at a senior level.
• Building and maintaining a robust understanding of the client’s business strategy, key drivers and current issues to inform the development of product / service implementation strategies that will meet client needs and reflect external market trends, competition considerations, macro-economic factors and Deutsche Bank strategic direction.
• Supporting the completion of due diligence and integration activities related to merger and acquisition deals. Assessing potential supply management opportunities in acquisition candidates and working with integration teams to rapidly integrate acquired companies into Deutsche Bank sourcing strategies.
• Highlighting operational, regulatory and other risks and taking ownership for sourcing issues and actively participating in their resolution.
• Leading the implementation of innovative business change solutions including Deutsche Bank wide initiatives. Playing an active role in new product / service development, process and performance improvement initiatives, in order to deliver industrialised solutions and client optionality.
• Reinforcing the ‘Voice of the Customer (VOC)’ within the Division, conveying the key drivers and issues that impact client groups and recommending solutions.
• Supporting Corporate Social Responsibility initiatives by promoting a culture of sustainability in the workplace.
• Actively managing sourcing performance, both self-delivered and through Sourcing Managers, against agreed financial and non-financial targets for assigned categories of spend / client groups.
• Driving implementation of sourcing strategies to secure TCO reductions in line with forecasts and ensuring sourcing-driven impacts are reflected in business unit operating budgets.
• Monitoring performance against agreed metrics (Service Level Agreements, Key Performance Indicator’s, Key Reporting Indicator’s).
• Providing clients with regular and ad-hoc Management Information (MI), analysis and insight to drive new thinking, developing and implementing interventions to address changing business needs and reflect market trends.
• Collaborating with Service Delivery Management and Vendor and Performance Management to review the performance of strategic partners and local vendors against service, price, quality and innovation dimensions.
• Working with the wider team to identify and execute continuous improvement initiatives that deliver both incremental and step change in performance targeting areas such as TCO reductions, process effectiveness, supplier management and performance measurement.
• Actively scanning the category and industry environment to gather insights and knowledge to be shared with key stakeholders and colleagues.
• Actively supporting the business strategy, plans and values at all levels.
• Driving high performance through the effective career management and development of direct reports.
• Acting as a management role model communicating Specific, Measurable, Attainable, Relevant, Time-bound (SMART) business driven objectives and ensuring regular performance reviews.
• Proactively managing tough people decisions and addressing individual performance issues where necessary in order to drive high performance.

Your skills and experience:

• Minimum of 10 years’ sourcing experience in the financial services sector.
• Experience in leading the end-to-end sourcing processes (request for proposals (RFP), contract negotiation and contract execution) across regional and global deals with strong alignment to Professional Services categories.
• Experience in facilitating and consulting with senior levels teams (C-Level Management) on best-in-class strategic sourcing and category management.
• Experience in a leadership role and in managing senior client relationships.
• Experience in managing complex sourcing projects in a specified category
• Senior level experience in commercial negotiations.
• Experience working in the Financial Services / Management industry.
• Excellent relationship management, analytical, problem solving, financial management, strategic agility, influencing and presentation skills.
• Strong business planning skills.
• The ability to work in a fast-paced business environment.
• Exposure to a broad range of client groups and business challenges.

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies How we’ll support you: Flexible working to assist you balance your personal priorities Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs Training and development to help you excel in your career About us and our teams: Deutsche Bank is the leading German bank with strong European roots and a global network click here to see what we do. Deutsche Bank & Diversity Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.