Associate Strategic Sourcing

About the role

The Associate Strategic Sourcing role sits within Deutsche Bank’s Global Procurement function, which delivers end-to-end strategic sourcing, category management, and Source-to-Pay operations across the bank’s third-party spend. Based in Mumbai, India, the position supports the rapidly growing procurement coverage in India and APAC by managing sourcing deals, running tenders and market analysis, executing local cost-saving strategies, and collaborating with global procurement, service delivery, contract, and supplier relationship teams. The role also involves highlighting operational, regulatory, and sourcing risks to category and country leadership while negotiating with matrixed internal stakeholders.

What you’ll do

• Support negotiations while managing matrixed internal stakeholders
• Manage sourcing deals, driving supplier selection and the negotiation process for products across all categories, including IT and non-IT
• Carry out market analysis and tenders to select suppliers for products, services, and strategic projects
• Identify specific sourcing projects throughout the year, including expected savings and associated completion timescales
• Execute local strategies to extract supply-side savings and manage demand-side consumption to lower the Bank’s Total Cost of Ownership for external spend within the specified category
• Highlight operational, regulatory, and other risks to the Category lead and Country Head, taking ownership of sourcing issues and actively participating in their resolution
• Collaborate with the wider Global Procurement team, including Service Delivery Management, Contract managers, and supplier relationship teams, to review the performance of strategic partners and local

What you’ll bring

• Bachelor’s degree (or equivalent) from an accredited college or university
• 5 to 7 years of relevant procurement experience, including managing complex sourcing projects across multiple categories
• Experience in complex commercial and contractual negotiations
• Strong interpersonal skills and ability to work in virtual, global teams within a dual reporting matrix organization
• Excellent communication skills with fluency in English (written and verbal)
• Proven ability to leverage AI tools to enhance productivity and optimize workflows to solve business problems
• Ability to apply critical judgment to ensure responsible and ethical use of data and AI outputs

Skills

Benefits

• 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

Education

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