Banking and Corporate Functions Portfolio Lead, Strategic Procurement

Deutsche Bank; Greater London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading global bank is seeking a Portfolio Lead in Strategic Procurement in London. This role involves managing category managers, developing supplier relationships, and ensuring effective contract management. The ideal candidate will have experience in Financial Services and strong negotiation skills. The bank offers a competitive salary, hybrid working options, and a range of benefits, including 30 days of holiday, private healthcare, and a pension scheme. Join us to drive innovation and maximize value in procurement.

Benefits

Competitive salary

Non-contributory pension

30 days’ holiday plus bank holidays

Life Assurance

Private Healthcare

Flexible benefits like Retail Discounts

Qualifications

• In-depth understanding of management/service delivery from third parties.
• Ability to engage and influence senior stakeholders.
• Good knowledge of contract law (UK, Germany, US and/or international).

Responsibilities

• Engage with business areas and suppliers to develop strategic account plans.
• Manage a team of Category Managers and Contract Managers.
• Lead the development of supplier strategies.
• Oversee contract management ensuring risk is managed.

Skills

Experience in Financial Services

Interpersonal and management skills

Strategic agility

Sourcing and contract management focus

Negotiation skills

Education

Professional certification (e.g., MCIPS)

Job description

Description

Job Title Banking and Corporate Functions Portfolio Lead, Strategic Procurement

Location London

Corporate Title Director

Strategic Procurement in the Global Procurement and Vendor Management team (GPVM) is responsible for the ongoing Sourcing, Category Management, Supplier Relationship and Contract Management of circa €5bn 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 risk of commercial loss, through negating commercial disputes.

As Portfolio Lead you will be a high‑performing manager 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

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 centre.

You can expect:

• 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 wider business areas, functions 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 Managers, Supplier Relationship Managers and Contract Managers
• Lead development of supplier strategies with a view to communicating a clear and collective vision
• Oversee contract management for suppliers within your portfolio, ensuring risk is managed, commercial value is delivered and protected with continuous improvement opportunities implemented throughout the contract lifecycle

Your skills and experience

• Experience in Financial Services is preferable. 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, contract management and governance focus with excellent negotiation skills. Professional certification beneficial (Association for Contract Management (ACCMI), 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

e.g. 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

is the leading German bank with strong European roots and a global network. Click to see what we do.

Deutsche Bank in the UK is proud to have been named for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their 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 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 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.