Vendor Management Specialist, AVP

Vendor Management Specialist, AVP

Deutsche Bank
Not Specified
Not Specified

Job Description

Position Overview

Within Global Procurement the Third Party Management (TPM) and Intra-Group Management (IGM) function is responsible for ensuring Deutsche Bank (DB) meets the increasingly high standards of third party risk management as determined by the Regulators and the risk appetite of the Bank, outlined in the Third Party Risk Management (TPRM) Framework.
More specifically, one of the responsibilities of the TPM function is for ensuring that all intra-group outsourcing (IGO) services, which are services performed by one DB legal entity for another, are risk assessed and captured within the contractual framework requirements of DB entities. In addition to the ongoing IGO operational requirements, due to the emerging challenges presented by regulators to the Third-Party management and intra-group population, DB has embarked on ambitious plans to transform the overall approach to TPRM. Building on the significant improvements delivered in the last few years, the Future State TPRM initiative is a Key Deliverable for DB and priority for Global Procurement aimed at designing, building, and implementing an improved policy and framework simpler risk processes re-aligned roles and responsibilities in 1st and 2nd line a new operating model new systems and tooling.
The Intra-Group Contract Management (IGCM) Team is part of the TPM funtion which provides global support with the primary objective of supporting the contractual framework requirements of DB entities and its branches by drafting intra group agreements, uploading in central repository, maintaining the contracts database and providing reports to the divisions on any breaches. The team consists of 21 people in total.
Within the IGCM team, there is now a vacancy for a Team Lead role responsible for the operational management of one of the divisional contracts teams. The team manages the contract drafting process and gives clear direction to the business on what contractual requirements are needed which meets standards set by DB Legal and the Regulators. The candidate will report to the Head of IGCM.
Your key responsibilities
  • The implementation and execution of the Intra Group Contractual Framework and adherence to minimum control requirements set out in the IGCM Key Operating Document. These include several documents including service schedules and service level agreements that are unique to the regulatory requirements of the specific country / Regions to ensure 100% adherence. This requires a thorough understanding of different contractual frameworks within the bank.
  • Closely collaborate with stakeholders across the business and advising on IGO contractual requirements. Updating stakeholders on the project status through various forums and ensure timely response and resolution of their requests. Also engages with Risk Type Control functions of bank including Legal, Finance (billing), Tax, TP etc. for ensuring appropriate contractual clauses in the Contracts to mitigate any related risks.
  • Accurate and timely reporting as per the defined SLAs and monitoring of the contract roll-out tracker and pending signatures.
  • Lead a small team of colleagues with a global footprint and manage team performance, including resource allocation, utilization, objective setting, performance reviews, regular 1-2-1's and team motivation.
  • Support the Head of IGCM to implement various strategic initiatives within the team, suggest and drive ideas for process improvements, redesign of key operating documents and address Risk/Audit engagement, ensuring value is delivered, and opportunities for improvement are realized.

What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
  • Best in class leave policy
  • Gender neutral parental leaves
  • 100% reimbursement under childcare assistance benefit (gender neutral)
  • Flexible working arrangements
  • Sponsorship for Industry relevant certifications and education
  • Employee Assistance Program for you and your family members
  • Comprehensive Hospitalization Insurance for you and your dependents
  • Accident and Term life Insurance
  • Complementary Health screening for 35 yrs. and above

Your skills and experience
  • Minimum 5+ years of industry experience in Contract Management/ Operations Management or similar areas. Candidates with exposure to Procurement, Legal, Risk, and/or Finance background(s) would be ideal for this profile.
  • 1-2 years of prior team management experience in a global environment would be advantageous or the management of a cross functional project where you have influenced others.
  • Excellent verbal and written communication skills with strong attention to detail. Having the ability communicate complex contractual structures in a simplified way to stakeholders is essential.
  • Relationship management orientation to establish connects with key internal stakeholders (e.g. COO-Delegates, SRO's, Business Approvers, etc.). Working exposure with senior management would be advantageous.
  • Results driven, highly motivated individual who can take ownership, work autonomously, as well as part of a team spread across time zones and under time restraints. Must have a strong knowledge of MS Word, MS Excel and MS PowerPoint

How we'll support you
  • Training and development to help you excel in your career
  • Coaching and support from experts in your team
  • A culture of continuous learning to aid progression
  • Exposure to a wide range of stakeholders in a controlled environment during the training phase

About us and our teams
Please visit our company website for further information:
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.

Click to find out more about diversity and inclusion at Deutsche Bank.

Job Details

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At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential.
We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity.
Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve.
Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.

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