At a Glance
- Tasks: Manage strategic sourcing and supplier relationships for Cloud services.
- Company: Join the London Stock Exchange Group, a leader in financial markets.
- Benefits: Enjoy healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team that values innovation and sustainability.
- Why this job: Make a significant impact in a dynamic global environment.
- Qualifications: Strong procurement background with experience in Cloud Service Providers.
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. We are proud to be an equal opportunities employer.
Category Manager - Cloud - London Stock Exchange Group employer: London Stock Exchange Group
LSEG is an exceptional employer that prioritises innovation, diversity, and employee growth within a collaborative culture. With a commitment to sustainability and a comprehensive benefits package, including healthcare and paid volunteering days, employees are empowered to thrive both personally and professionally in a dynamic global environment. Join us in London, where your contributions will directly impact financial stability and economic growth worldwide.
Contact Details:
London Stock Exchange Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Category Manager - Cloud - London Stock Exchange Group
✨Tip Number 1
Network like a pro! Reach out to current or former employees at LSEG on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching LSEG's recent projects and initiatives in the Cloud space. Show us that you're not just interested in the role but also in how you can contribute to our mission and values.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in procurement and technology align with what we do at LSEG. Tailor your examples to highlight your experience with Cloud Service Providers.
✨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 us you’re serious about joining our team.
We think you need these skills to ace Category Manager - Cloud - London Stock Exchange Group
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for 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 do at LSEG!
Showcase Your Achievements:Don’t just list your responsibilities; share your successes! Use specific examples of how you’ve driven value in previous roles, especially in technology procurement. This helps us understand the impact you can bring to our team.
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications.
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
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 risk mitigation, 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 suppliers.
✨Be Data-Driven
LSEG values data insights for decision-making, so come prepared with examples of how you've used data to guide sourcing decisions. Whether it's through market analysis or performance metrics, showing that you can leverage data effectively will set you apart.
