Vendor Management Lead (f/m/x) at Deutsche Bank

Job description

Job Description: The Global Procurement and Vendor Management function enables Deutsche Bank (DB) to optimize supplier relationships to meet its strategic objectives by: Partnering across DB to develop commercial strategies and create value from supplier relationships. Enabling the bank to manage Third-Party risks and purchase efficiently and compliantly. Managing sourcing demands and vendor performance on a divisional level. Implementing and upholding sustainable procurement practices. Driving transformation and ensuring future-proof procurement technology, data and processes. Within GPVM, the Infrastructure Vendor Management Office (IVMO) is responsible for the end-to-end management of vendors across all Infrastructure and TDI divisions to improve performance, mitigate risk, optimize costs and maximize commercial value. Within IVMO, the Vendor Management Lead acts as the single point of accountability, ensuring that contractual, commercial, and risk outcomes are effectively managed so that vendor relationships deliver sustained value, compliant service performance, and robust risk mitigation across the contract lifecycle. The Vendor Management Lead is the subject matter expert for the management of DB’s most strategic vendors and contracts post-signature, leading cross functional stakeholder engagement, managing business demand and proactively identifying and resolving contractual, vendor performance, and risk issues. The role may manage a portfolio of contracts and vendors relating to specific business programs within a larger divisional portfolio and may have people management responsibilities. Responsibilities: Business Partnering Lead contact for business engagement related to portfolio of contracts/vendors under management and act as interface to GPVM for queries from the business. Work with business to understand strategy and engage relevant stakeholder functions such as Strategic Procurement to support the build of required vendor eco-system. Build divisional third-party strategy and where applicable, supplier strategies, to support delivery of the business strategy. Manage and process sourcing requests in line with policy and the divisional third-party strategy. Provide reporting and insights across the vendor engagements and across the elements of vendor management. Vendor Governance & Performance Act as the primary point of accountability for vendor governance, coordinating structured engagements with vendors and internal stakeholders to ensure alignment, transparency, and timely decision making. Maintain end-to-end visibility of all contracts in scope, ensuring a holistic overview of vendor performance and delivery and identifying opportunities for continuous improvement/innovation. Lead regular vendor governance and performance reviews, leveraging defined KPIs, SLAs, and ESG scoring to assess delivery quality, risk exposure, and value realization. Commercial Contract Management Own and oversee contractual compliance by DB and third-party vendors, ensuring obligations are continuously monitored, documented, and enforced throughout the contract lifecycle. Draft, negotiate and manage contractual changes and terminations for in-scope agreements in a structured and timely manner, ensuring continuity of service and protection of DB’s commercial and legal interests. Manage contractual issues and contractual disputes, leading negotiations with counterparties and engaging with the relevant DB functions such as Legal and Strategic Procurement to resolve, minimizing financial, operational, and reputational risk for DB. Conduct periodic contract and commercial reviews to confirm that vendor delivery remains aligned with agreed commercial terms, business demand, and the approved sourcing strategy. Risk Management & Compliance Lead the remediation of in-scope supplier related audit findings and resolution of in-scope third-party risk issues where applicable. Ensure that applicable third-party risk, compliance, and ESG requirem