Vendor Management Specialist, AVP

Within Global Procurement the Third Party Management (TPM) and Intra-Group Management (IGM) 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, maintaining the contracts database and providing reports to the divisions on any breaches. The team consists of 21 people in total.
Within the IGCM team, there is now a vacancy for a Team Lead role responsible for the operational management of one of the divisional contracts teams. 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. These include several documents including service schedules and service level agreements that are unique to the regulatory requirements of the specific country / Regions to ensure 100% adherence. This requires a thorough understanding of different contractual frameworks within the bank.
• Closely collaborate with stakeholders across the business and advising on IGO