Associate Strategic Sourcing – Global Procurement

Job Title: Associate Strategic Sourcing – Global Procurement

Location: Mumbai, India

Role Description

• Global Procurement is a global function, providing end-to-end strategic sourcing with robust category management and best-in-class Source-to-Pay operations. Together, we oversee all of Deutsche Bank’s third-party spend. We are united by a commitment to uncompromising quality through innovative solutions, the development of talented people and a willingness to challenge ourselves and others.

• A rare opportunity to join a diverse and visible Strategic Sourcing team managing multiple categories, based in Mumbai, India. Currently, we are recruiting for a self-driven and innovative individual to support the rapidly growing coverage of procurement in India and APAC.

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)

• 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 key responsibilities

• Supports negotiations whilst managing matrixed internal stakeholders

• Manage sourcing deals, driving the supplier selection and the negotiation process for products across all categories, i.e., IT & non-IT categories.

• Carrying out market analysis and tenders to select suppliers for products, services, and strategic projects.

• Identifies specific sourcing projects throughout the year including expected savings, and associated timescales for completion.

• Execute local strategies to extract supply-side savings and manage demand-side consumption in order to lower the Bank’s Total Cost of Ownership for external spend as it relates to the specified category.

• Highlights operational, regulatory, and other risks to the Category lead and Country Head. Takes ownership for sourcing issues and actively participates in their resolution.

• Collaborate with the wider Global Procurement team including, Service Delivery Management and Contract managers and supplier relationship teams to review the performance of strategic partners and local vendors against service, price, quality and innovation dimensions.

Your skills and experience

• Bachelor’s degree (or equivalent) from an accredited college or university (or equivalent)

• 5 to 7 yrs relevant experience in procurement, including managing complex sourcing projects across multiple categories.

• Experience in complex commercial and contractual negotiations

• Strong interpersonal skills, able to work in virtual, global teams in a dual reporting matrix organization.

• Excellent communication skills, fluent in English (written and verbal).

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.

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.

• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.

We welcome applications from all people and promote a positive, fair and inclusive work environment.