Sourcing Category Manager - Software

Job title:
Sourcing Category Manager – Software

Role type:
Permanent or Contract*

Corporate

Title:

Vice President

Department:
Group Sourcing, Group CIO

Location:
London, UK (Hybrid)

* This role can be considered on either a permanent basis or as a 12-month contract, based on headcounts available.

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions:
Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit

Nomura is currently in the process of establishing a new Group Sourcing function to operate across Nomura Group companies, regions and functions to deliver an ongoing contribution to cost efficiency and commercial/contract risk mitigation associated with vendor engagements, and drive efficiencies through spend category commercial support, vendor/contract consolidation and Group-wide economies of scale.

• Supporting the Global Sourcing Category Lead – Software in developing the overall spend category strategy in partnership with key stakeholders and managing the effective delivery of that strategy
• Managing and/or providing oversight to category-wide efficiency and governance initiatives
• Effective management and delivery of new deals and renewals, including:
• Influencing the adoption of appropriate sourcing strategies and activities
• Leading RFPs and renewals, including complex and high-profile commercial/contractual negotiations
• Significant interaction with senior internal clients and senior representatives from external vendors
• Creating and presenting impactful deal summaries/recommendations
• Working as part of cross-functional and cross-regional teams
• Providing a commercial advisory service to key stakeholders
• Meeting or exceeding a range of financial and non-financial performance targets
• Ability to build and maintain collaborative working relationships with stakeholders
• Build strong supplier relationships and supplier management programmes; driving initiatives with suppliers in co-ordination with the business and corporate functions
• Supporting the ongoing development of Nomura’s Group Sourcing function
• Where applicable, supporting the execution of Business Continuity plans and pro-active operational risk management

• Degree level qualification or equivalent
• CIPS or other professional Sourcing/Procurement qualification desirable
• Several years of experience of sourcing the relevant spend categories in a blue-chip environment, with a proven track record of successfully leading commercial and contract activities, including:
• Supporting in the development and maintenance of strategic Category-wide plans and initiatives in conjunction with stakeholders
• Portfolio opportunity analysis and subsequent benefit delivery
• Effectively influencing the sourcing strategy for individual projects
• Leading internal/market analysis, competitive bidding and negotiation activities for regional and global agreements, with a range of value and complexity
• Re-negotiation and value extraction from embedded legacy / incumbent suppliers
• Knowledge of the pricing and contracting mechanisms for global enterprise level suppliers
• Excellent understanding of commercial levers and legal terms and conditions relating to Software contracts
• Knowledge of supply market, supplier capabilities, and expected trends at a geographic and global level
• Experience of negotiating enterprise software licensing agreements with the likes of Microsoft, Oracle, Salesforce or similar
• Understanding of software license metrics and principles of software asset management
• Experience in a Banking environment may be an advantage, but is not essential
• Staff management experience essential and cross-regional team experience an…