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About the Role

As a Portfolio Manager, you will be a high-performing Director using your expertise to focus on business and supplier engagement, people development, delivery against objectives and projects, and process improvements within Strategic Procurement.

Responsibilities

• Engage with the Corporate Bank, Investment Bank, Private Bank, wider business areas, 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 (direct or matrix) a team of professional Sourcing Managers.
• Lead the development of Category strategies with business stakeholders with a view to communicating a clear and collective vision to generate value.

Requirements

• Experience in Financial Services, specifically Investment, Corporate or Private Banking including procurement of Banking Software and Operations.
• 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 and governance focus with excellent negotiation skills.
• Professional certification beneficial, 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).
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Skills

• AI tools
• Negotiation
• Contract law
• Supplier management
• Interpersonal skills
• Management skills

Location

• London

Work Type

• Hybrid Working

Experience Level

• Director

Education Level

• Member of the Chartered Institute of Procurement and Supply (MCIPS) or similar

Salary/Compensations

• Competitive salary

Benefits

• Non-contributory pension
• 30 days’ holiday plus bank holidays
• Option to purchase additional days
• Life Assurance
• Private Healthcare for you and your family
• Retail Discounts
• Bike4Work scheme
• Gym benefits
• Opportunity to support a wide ranging CSR programme
• 2 days’ volunteering leave per year
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression

About the Company

• Deutsche Bank is the leading German bank with strong European roots and a global network.
• Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years.
• Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.
• We strive for a culture 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.

Equal Opportunity

• 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).
• If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com 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 welcome applications from all people and promote a positive, fair and inclusive work environment.