Commercial Contract Manager

2 weeks ago


Bucharest, Bucureşti, Romania Deutsche Bank Full time €80,000 - €120,000 per year
Job Description:

DB Global Technology is Deutsche Bank's technology center in Central and Eastern Europe. Since its set-up in 2013, Bucharest Technology Centre (BEX) has constantly proven its capacity to deliver global technology products and services, playing a dynamic role in the Bank's technology transformation.

We have a robust, hands-on engineering culture dedicated to continuous learning, knowledge-sharing, technical skill development and networking. We are an essential part of the Bank's technology platform and develop applications for many important business areas.

The Commercial Contract Manager (CCM) performs a key role within the Global Procurement function and is primarily responsible for managing the contracts and relationships with several of DB's suppliers. The role includes building positive, collaborative relationships with suppliers and internal DB stakeholders, managing supplier-related risk, and ensuring maximum value is extracted from supplier engagements.  

Global Procurement enables Deutsche Bank to optimize supplier relationships to meet its strategic objectives

The Commercial Contract Manager (CCM) is accountable for the commercial and contract management activities for several of the bank's key suppliers. They will manage the contracts for the suppliers assigned to them, manage and resolve disputes and execute contract change requests together with the bank's Legal function. The CCM is a key interface between the bank and a supplier and provides a focal point for the management of that supplier. The CCM works closely together with Service Owners (SOs), Division Vendor Management Offices (DVMOs) and other DB stakeholders to enable end to-end management of the contract lifecycle. They are responsible for implementing an appropriate governance structure to manage all aspects of the contract, the supplier's performance and the contractual relationship. They will work with the business stakeholders to minimize risks, promote sustainable outcomes, reduce costs and protect the value of the contract.

Responsibilities

  • Build collaboration relationships with suppliers to extract maximum value from the relationship and identify opportunities for innovation and continuous improvement. Identify opportunities to reduce supplier related costs and/or risks.
  • Manage, negotiate and document contact renewals, amendments and change requests in line with Procurement Policy. Manage and resolve supplier-related disputes, settlements and escalations.
  • Develop close relationships with key internal stakeholders to understand their requirements. Provide insights and support to the wider business on the suppliers within your portfolio.
  • Ensure that the contract deliverables and contractual obligations are tracked, actively managed and delivered through the appropriate supplier governance activities.
  • Perform annual contract reviews to establish that supplier agreements are fit for purpose and are compliant with regulatory, audit and policy requirements. Maintain DB systems to ensure supplier related data is up to date and accurate.

Skills

  • Procurement/Category Management experience with supplier relationship management skills preferred.
  • Have an excellent understanding of contractual structures, legal terms and conditions and commercial risk management. Drafting and authoring contracts.
  • Strong team player and effective communicator with good interpersonal skills and the ability to work in a virtual, global team in a matrix organization. Stakeholder Management skills with the ability to navigate complex discussions to remediate contracts in line with regulator expectations.
  • Negotiating and influencing skills. Effective Communicator.
  • Fluent in English, both spoken and written.

Well-being & Benefits

Emotionally and mentally balanced: We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health.

  • Empowering managers who value your ideas and decisions. Show your positive attitude, determination, and open-mindedness.
  • A professional, passionate, and fun workplace.
  • A modern office with fun and relaxing areas to boost creativity.
  • Continuous learning culture with coaching and support from team experts.
  • A culture where you can openly speak about mental health.

Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing a workplace that helps you thrive. For example, Private healthcare and life insurance with premium benefits for you and discounts for your loved ones, healthier ways of working and check-up's.

Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self-confidence and well-being.

  • - support for unexpected events requiring you to care for your kids during work hours.
  • 24 days holiday, loyalty days, and bank holidays (including weekdays for weekend bank holidays).
  • Hybrid working model with flexible working options
  • Enjoy retailer discounts, cultural and CSR activities, workshops, and more.

Financially secure: We support you to meet personal financial goals during your active career and for the future.

  • Competitive income, performance-based promotions, and a sense of purpose.
  • Meal vouchers, bonuses for referrals

Interested in more: discover what our employees value in the Well-being & Benefits hub

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.



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