At a Glance
- Tasks: Lead negotiations and develop strategies for IT software sourcing in a dynamic investment bank.
- Company: Join a top-tier investment bank with a focus on innovation and collaboration.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Be part of a fast-paced environment with excellent career advancement potential.
- Why this job: Make an impact by shaping IT software strategies and driving successful vendor partnerships.
- Qualifications: Experience in sourcing, negotiation skills, and strong stakeholder management.
The predicted salary is between 70000 - 90000 £ per year.
Join a leading Investment Bank as a Category Sourcing Manager - IT Software!
Job Overview: We're looking for a highly motivated and skilled Category Sourcing Manager to join the Category Sourcing team, focusing on IT Software. This role involves delivering across all Category Scorecard dimensions, leading complex negotiations, and driving category strategy through insights and strong stakeholder collaboration.
Location: London
Work Pattern: Hybrid
Start Date: ASAP
Key Responsibilities
- Be responsible for delivery across all the Category Scorecard dimensions.
- Contribute to the development of the IT Software Category Strategy by providing insights and recommendations.
- Prepare and manage complex negotiations where a new vendor is being considered, or engagements with existing challenging vendors.
- Facilitate elements of complex deals such as RFx structure, Base Case, Business Case, Commercialization Model, Solution/Proposal Evaluation, Transition, Transformation, Termination Planning, deal structuring, and execution.
- Define commercial constructs to motivate vendor behaviours aligned to strategy and goals.
- Act as a trusted advisor for internal business partners, maintaining concise and accurate communication.
- Prepare reports on category performance and insights.
Category & Sourcing Manager - IT Software employer: Hays Specialist Recruitment Limited
As a leading Investment Bank, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to excel. With a strong focus on professional development, we offer numerous growth opportunities and support for continuous learning, all while enjoying the vibrant atmosphere of London. Join us to be part of a collaborative team that values innovation and strategic thinking in the fast-paced world of IT Software sourcing.
Contact Details:
Hays Specialist Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Category & Sourcing Manager - IT Software
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in investment banking or IT software. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to category sourcing and IT software. This will help us tailor our responses and show that we’re genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! Since this role involves complex negotiations, we should be ready to discuss how we’ve successfully navigated similar situations in the past. Role-playing with a friend can really help.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive roles listed there that you won’t find anywhere else.
We think you need these skills to ace Category & Sourcing Manager - IT Software
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Category Sourcing Manager role. Highlight your experience in IT software and any relevant negotiations you've led. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention specific examples that showcase your expertise in category strategy and stakeholder collaboration.
Showcase Your Negotiation Skills:Since this role involves complex negotiations, make sure to highlight your negotiation successes in your application. We love seeing how you've navigated challenging vendor relationships and achieved great outcomes!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Hays Specialist Recruitment Limited
✨Know Your Category Strategy
Before the interview, dive deep into the IT Software category strategy. Understand the current trends, challenges, and opportunities in the market. This will not only show your enthusiasm but also help you articulate how you can contribute to the team's goals.
✨Master Complex Negotiations
Brush up on your negotiation skills! Be prepared to discuss past experiences where you've successfully navigated complex vendor negotiations. Use specific examples to illustrate your approach and the outcomes, as this will demonstrate your capability in handling similar situations in the new role.
✨Engage with Stakeholders
Highlight your experience in stakeholder collaboration. Think of instances where you've worked closely with internal partners to drive a project forward. Be ready to discuss how you maintain clear communication and build trust, as this is crucial for the role.
✨Prepare for Technical Questions
Since this role involves IT software, expect some technical questions related to software procurement and vendor management. Brush up on relevant terminology and frameworks, and be ready to discuss how you would approach structuring deals or evaluating proposals.
