At a Glance
- Tasks: Lead strategic sourcing and manage supplier relationships in the cloud category.
- Company: Join LSEG, a global leader in financial markets infrastructure.
- Benefits: Enjoy competitive pay, healthcare, and opportunities for personal growth.
- Other info: Collaborative culture that values diversity and encourages new ideas.
- Why this job: Make a real impact in a dynamic, innovative environment with global reach.
- Qualifications: Strong procurement background and experience with Cloud Service Providers required.
The predicted salary is between 70000 - 90000 £ 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 offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
Global Cloud Sourcing & Category Manager 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, you will have the opportunity to collaborate with diverse teams across the globe, driving innovation and excellence in the financial markets sector. With tailored benefits, a commitment to sustainability, and a focus on employee wellbeing, LSEG offers a rewarding environment for those looking to make a meaningful impact in their careers.
Contact Details:
London Stock Exchange Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Global Cloud Sourcing & Category Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at LSEG or similar companies. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for interviews by researching LSEG’s values and recent projects. Show how your skills align with their mission and be ready to discuss how you can contribute to their cloud category strategies.
✨Tip Number 3
Practice your negotiation skills! Since this role involves contract negotiations with Cloud Service Providers, being able to demonstrate your expertise in this area during interviews will set you apart.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the LSEG team.
We think you need these skills to ace Global Cloud Sourcing & Category Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Global Cloud Sourcing & 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 you can contribute to our team. Be sure to mention specific projects or achievements that demonstrate your capabilities.
Showcase Your Analytical Skills:Since this role involves data-driven decision-making, make 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 the best way for us to receive your application and ensure it gets the attention it deserves. Plus, you'll find all the details you need right there!
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.
