At a Glance
- Tasks: Manage strategic sourcing and supplier relationships for Cloud Service Providers.
- Company: Join LSEG, a global leader in financial markets infrastructure.
- Benefits: Enjoy tailored benefits, healthcare, and paid volunteering days.
- Other info: Collaborative culture that values diversity and encourages new ideas.
- Why this job: Make a significant impact in a dynamic, innovative environment.
- Qualifications: Strong procurement background with experience in technology and cloud services.
The predicted salary is between 60000 - 80000 £ per year.
LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs.
This role sits within LSEG’s Group Procurement function, supporting the Cloud Category team within the Technology spend tower. You’ll be responsible for managing strategic sourcing and supplier relationships across a significant annual spend, with a solid focus on Cloud Service Providers (CSP's). You’ll work globally across teams in London, Bangalore, New York, Tokyo and Beijing, partnering with Technology Leaders, Finance, Legal, FinOps and Vendor Management to deliver commercial value, innovation, and risk mitigation.
What You'll be doing
- Define, develop and implement cloud category strategies for the group.
- Partner with key stakeholders to deliver against strategic initiatives and maximise vendor value.
- Use data and market insights to guide sourcing decisions and cost optimisation activities.
- Anticipate procurement risks (e.g., licensing compliance, vendor lock-in) and develop mitigation strategies.
- Lead sourcing initiatives, RFPs, and contract negotiations with Cloud Service Providers (CSP's).
- Ensure that contracts protect LSEG’s interests and mitigate operational and licensing risks.
- Leverage tools like e-Procurement and e-Auctions to drive value.
- Support supplier performance improvement and risk management.
- Build strong relationships with technology and business leaders, especially in Infrastructure, Cloud, Data and Analytics.
- Act as a commercial advisor and escalation point for CSP vendor issues.
- Lead SRM for strategic CSP vendors, including regular reviews and governance.
- Oversee renewals and ensure focus on high-value opportunities (e.g. product acquisition, cost optimisation, lifetime support and licensing).
- Maintain procurement systems and track savings and compliance metrics.
- Support end-to-end sourcing processes and contract variations.
- Promote guidelines and support procurement transformation.
- Collaborate with colleagues across Group Procurement.
What You'll bring
- Strong procurement background in Technology, with a focus on Cloud Service Providers (CSP's).
- Strong understanding of CSP licensing, commercial and contractual models and discount programmes.
- Demonstrable experience in technology contract negotiation, support and maintenance, licensing models, and supplier management.
- Strong analytical, project management, and communication skills.
- Ability to influence internal partners up to Executive level.
- Degree or equivalent experience; experience in regulated or global environments preferred.
Desirable
- MCIPS or similar procurement qualification.
- Experience in negotiating and managing CSP contracts e.g. AWS, Google.
- Experience in Financial Services, FinTech, Technology, or global organisations.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law.
Category Manager - Cloud employer: London Stock Exchange Group
LSEG is an exceptional employer that prioritises the growth and development of its employees within a dynamic and inclusive culture. Located in London, the company offers a range of tailored benefits, including healthcare and wellbeing initiatives, while fostering collaboration and innovation across its global teams. With a commitment to diversity and sustainability, LSEG empowers its workforce to make meaningful contributions to the financial markets and their communities.
Contact Details:
London Stock Exchange Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Category Manager - Cloud
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those already working at LSEG. A friendly chat can open doors and give you insider info on the company culture and what they’re really looking for.
✨Tip Number 2
Prepare for interviews by researching LSEG’s recent projects and initiatives. Show us that you’re not just interested in the role but also in how you can contribute to our mission and values. Tailor your answers to reflect our commitment to innovation and excellence.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in procurement and cloud services can add value to our team. We love candidates who can clearly articulate their experience and how it aligns with our goals.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows us that you’re genuinely interested in the position and appreciate the opportunity to connect.
We think you need these skills to ace Category Manager - Cloud
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Category Manager role. Highlight your experience with Cloud Service Providers and any relevant procurement expertise. 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 your background makes you a perfect fit. Don’t forget to mention specific projects or achievements that relate to cloud procurement.
Showcase Your Analytical Skills:Since this role involves data-driven decision-making, be sure to highlight your analytical skills in your application. Share examples of how you've used data to guide sourcing decisions or optimise costs in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s quick and easy, and ensures your application gets to the right people. Plus, you’ll get to explore more about us while you’re at it!
How to prepare for a job interview at London Stock Exchange Group
✨Know Your Cloud Stuff
Make sure you brush up on your knowledge of Cloud Service Providers (CSPs) and their licensing models. Be ready to discuss specific examples of how you've managed CSP contracts in the past, as this will show your expertise and understanding of the role.
✨Showcase Your Strategic Thinking
Prepare to talk about how you've developed and implemented category strategies in previous roles. Think of concrete examples where your strategic planning led to cost optimisation or improved vendor relationships, as this aligns perfectly with what they’re looking for.
✨Build Relationships
Since this role involves partnering with various stakeholders, be ready to discuss how you've built strong relationships in the past. Share stories that highlight your communication skills and ability to influence others, especially at senior levels.
✨Anticipate Risks
Demonstrate your ability to foresee procurement risks and how you've mitigated them before. Prepare examples of challenges you've faced in contract negotiations or supplier management, and how you successfully navigated those situations.