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 healthcare, retirement planning, paid volunteering days, and wellbeing initiatives.
- 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 in technology, especially with Cloud Service Providers.
The predicted salary is between 60000 - 80000 £ per year.
About Us
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 licencing).
- 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.
Category Manager - Cloud in London 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. With a commitment to innovation and excellence, we offer tailored benefits, including healthcare and wellbeing initiatives, while fostering collaboration across our global teams. Join us in London, where you can make a meaningful impact in the financial markets and contribute to our mission of driving financial stability and empowering economies.
Contact Details:
London Stock Exchange Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Category Manager - Cloud in London
✨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 insights that might just land you an interview.
✨Tip Number 2
Prepare for those interviews! Research LSEG’s values and recent projects, especially in the Cloud space. Tailor your answers to show how your experience aligns with their mission and how you can contribute to their goals.
✨Tip Number 3
Showcase your expertise! Bring examples of your past successes in procurement and cloud services to the table. Use data and metrics to back up your claims – numbers speak volumes!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the LSEG team.
We think you need these skills to ace Category Manager - Cloud in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with Cloud Service Providers. We want to see how your skills align with our needs, so don’t hold back on showcasing your procurement expertise!
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your impact in procurement. Use numbers and examples to illustrate how you’ve driven value and managed supplier relationships effectively.
Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key points stand out. This will help us quickly see why you’re a great fit for the role!
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team at LSEG!
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 LSEG is 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. Highlight your communication skills and give examples of how you've influenced senior partners or resolved conflicts with vendors.
✨Anticipate Risks
LSEG values risk mitigation, so come prepared with examples of how you've identified procurement risks and developed strategies to address them. This could include anything from compliance issues to vendor lock-in scenarios, showing that you're proactive and thorough.
