Vendor Clause Assessment Team (VCAT) Reviewer (f/m/x) job opportunity at Deutsche Bank.

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Deutsche Bank Vendor Clause Assessment Team (VCAT) Reviewer (f/m/x)
Experience: General
Pattern: full-time
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degreeBachelor's (B.Sc.)
loacation Bucharest, 6A Dimitrie Pompeiu Blvd, Romania
loacation Bucharest, 6A ..........Romania

Job Description: DB Global Technology is Deutsche Bank’s technology centre 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 Vendor Clause Assessment Team (VCAT) Reviewer role sits within the Third Party Contracting (TPC) Centre of Excellence (CoE) team which is part of DB Global Procurement. The TPC CoE is accountable for driving contracting excellence across the Bank through robust governance, continuous system, process and framework improvements, and comprehensive training programs. As a Reviewer in the Vendor Clause Assessment Team (VCAT), you will play a crucial role in ensuring the efficiency and effectiveness of the Bank's Global Procurement contract negotiations process. You will review modifications to risk-type and legal clauses made by Suppliers and operate to defined playbooks and guidance in line with defined negotiation mandates. Where clause deviations are outside the remit of playbooks or guidance documentation, you will be the bridge between SMEs in the risk and legal control functions at the second-line of defense and live contract negotiations between Contract Authors and Suppliers. Responsibilities Review Supplier modifications to risk-type and legal clauses during contract negotiations. Operate to defined playbooks and guidance, adhering to negotiation mandates defined by stakeholders in the Risk Type Controller (RTC) and Legal functions. Evaluate and approve/reject standard clause deviations on behalf of the RTC and Legal functions, in line with defined playbooks/guidance. Conduct initial reviews of non-standard risk-type provisions, resolving issues where possible using playbooks or escalating to relevant RTC or Legal teams when deviations fall outside playbook remit. Provide appropriate risk-type language to Contract Authors via DB’s Contract Lifecycle Management system, using the defined playbook or guidance document. Liaise and coordinate between Service Owner , relevant RTCs and Legal SMEs for complex clause deviations during contract negotiations. Consult the Contract Advisory Team (CAT), who operate as the first point of contact for user-related service requests, on assigned contract-related queries. Participate in User Acceptance Testing (UAT), for updates to clauses in digitalized templates and playbooks/guidance and assist in identifying system issues. Support the updates to playbooks/guidance documents, following updates to clauses as agreed through the Contract Quality Council (CQC). Skills Strong understanding of contract negotiation principles and legal/risk clauses. Experience in reviewing and interpreting contractual language. Familiarity with contract lifecycle management software (e.g., Sirion, Icertis, Docusign). Excellent attention to detail and accuracy in clause assessment. Ability to follow defined processes and operate within established guidelines. Strong communication and escalation skills. Problem-solving capabilities for identifying and addressing clause deviations. Ability to work effectively in a collaborative environment. 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. 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)

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