
Senior Category Sourcing Manager Vice President
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Job overview
The Senior Category Sourcing Manager will support Deutsche Bank’s Banking Services category management team across banking and infrastructure divisions. The role engages stakeholders to understand business requirements, develops sourcing strategies, and executes sourcing events to create value. It leads strategic planning, category-based sourcing processes, complex deals, supplier selection, and negotiations, while working with senior clients and cross-functional teams.
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Full job description
Job Description:Job Title Senior Category Sourcing ManagerCorporate Title Vice PresidentLocation New YorkOverviewGlobal 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 brokerageThe 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.What We Offer You * A diverse and inclusive environment that embraces change, innovation, and collaboration * 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 programsWhat You'll Do * 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 eventsHow You'll Lead * 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 solutionSkills You'll Need * Extensive experience in Procurement or similar function * Banking experience is highly regarded * 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 outputsSkills That Will Help You Excel * 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 presentatio
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