Job Description
Vendor Manager, VP
Deutsche Bank
Pune, Maharashtra
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20 hours agoFull–time
Position Overview
Within Global Procurement the Third-Party Management (TPM) 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 and maintaining the contracts database. The team consists of 22 people in total.
Within the IGCM team, there is now a vacancy for a Team Lead role responsible for the operational management of the contracting drafting team of 12 colleagues. 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. This includes the team working with the business to pull together Service Catalogues and Service Agreements that are unique to the regulatory requirements of the specific country / Regions to ensure 100% adherence. This will require a thorough understanding of different contractual frameworks within the bank - training will be provided for this.
• Closely collaborate with senior 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 large team of 12 multi-skilled 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.
• Drive cross-skilling across the team to develop a multi-skilled, flexible set of resources. Working closely with the other Team Leads and the Head of IGCM to drive a 'one team' approach which aligns to the team vision.
• Creating a high performance, divisionally focused team.
• 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 - which supports the IGCM transformation agenda.
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
💡 Quick Summary
Seeking a career-building opportunity? The Vendor Manager| VP position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
