Sourcing Category Manager - Software
Sourcing Category Manager - Software

Sourcing Category Manager - Software

Full-Time 36000 - 60000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead sourcing strategies and manage vendor relationships to drive cost efficiency.
  • Company: Join Nomura, a global financial services leader with a collaborative culture.
  • Benefits: Enjoy competitive salary, hybrid work options, and professional growth opportunities.
  • Why this job: Make a real impact in a dynamic environment while developing your career in sourcing.
  • Qualifications: Degree or professional sourcing qualification with proven sourcing experience.
  • Other info: Be part of a new Group Sourcing function with excellent career advancement potential.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Role type: Permanent or Contract

Corporate Title: Vice President

Department: Group Sourcing, Group CIO

Location: London, UK (Hybrid)

This role can be considered on either a permanent basis or as a 12-month contract, based on headcounts available.

Qualification: Graduate or postgraduate and/or professional sourcing diploma/qualification

Experience: Proven Sourcing experience in the relevant spend categories

Department Overview: Nomura is currently in the process of establishing a new Group Sourcing function to operate across Nomura Group companies, regions and functions to deliver an ongoing contribution to cost efficiency and commercial/contract risk mitigation associated with vendor engagements, and drive efficiencies through spend category commercial support, vendor/contract consolidation and Group-wide economies of scale.

Role Responsibilities:

  • Working as part of a Category team that operates as part of an overall Group Sourcing team.
  • Making an ongoing, tangible contribution to cost efficiency and commercial/contractual risk management, through:
  • Supporting the Global Sourcing Category Lead – Software in developing the overall spend category strategy in partnership with key stakeholders and managing the effective delivery of that strategy
  • Managing and/or providing oversight to category-wide efficiency and governance initiatives
  • Effective management and delivery of new deals and renewals, including:
  • Influencing the adoption of appropriate sourcing strategies and activities
  • Leading RFPs and renewals, including complex and high-profile commercial/contractual negotiations
  • Significant interaction with senior internal clients and senior representatives from external vendors
  • Creating and presenting impactful deal summaries/recommendations
  • Working as part of cross-functional and cross-regional teams
  • Maintaining deal pipelines
  • Providing a commercial advisory service to key stakeholders
  • Meeting or exceeding a range of financial and non‑financial performance targets
  • Ability to build and maintain collaborative working relationships with stakeholders
  • Build strong supplier relationships and supplier management programmes; driving initiatives with suppliers in co‑ordination with the business and corporate functions
  • Supporting the ongoing development of Nomura’s Group Sourcing function
  • Where applicable, supporting the execution of Business Continuity plans and pro‑active operational risk management

Skills, Experience, Qualifications and Knowledge Required:

  • Degree level qualification or equivalent
  • CIPS or other professional Sourcing/Procurement qualification desirable
  • Several years of experience of sourcing the relevant spend categories in a blue‑chip environment, with a proven track record of successfully leading commercial and contract activities, including:
  • Supporting in the development and maintenance of strategic Category‑wide plans and initiatives in conjunction with stakeholders
  • Portfolio opportunity analysis and subsequent benefit delivery
  • Effectively influencing the sourcing strategy for individual projects
  • Leading internal/market analysis, competitive bidding and negotiation activities for regional and global agreements, with a range of value and complexity
  • Re‑negotiation and value extraction from embedded legacy / incumbent suppliers
  • Knowledge of the pricing and contracting mechanisms for global enterprise level suppliers
  • Excellent understanding of commercial levers and legal terms and conditions relating to Software contracts
  • Knowledge of supply market, supplier capabilities, and expected trends at a geographic and global level
  • Experience of negotiating enterprise software licensing agreements with the likes of Microsoft, Oracle, Salesforce or similar
  • Understanding of software license metrics and principles of software asset management
  • Experience in a Banking environment may be an advantage, but is not essential
  • Staff management experience essential and cross‑regional team experience an advantage
  • Ability to motivate, organise and develop team members
  • Strong and experienced commercial and contract negotiator
  • Is highly credible, an effective communicator (written and verbal) and is able to influence senior external vendors and senior internal clients
  • Self‑starter who can work with minimal supervision and manage a large volume of projects
  • Can contribute effectively to and/or co‑ordinate cross‑functional teams
  • Can drive projects to a conclusion while maintaining a high quality of task delivery
  • Nomura Competencies:

    • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
    • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
    • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
    • Elevate Organizational Capability

    Sourcing Category Manager - Software employer: Nomura Holdings, Inc.

    Nomura is an exceptional employer, offering a dynamic work environment in the heart of London that fosters innovation and collaboration. With a strong commitment to employee growth, Nomura provides opportunities for professional development through its new Group Sourcing function, enabling team members to make significant contributions to cost efficiency and risk management while working alongside senior stakeholders. The hybrid work model and emphasis on creative solutions ensure a balanced and rewarding workplace culture, making it an ideal choice for those seeking meaningful careers in financial services.
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    Contact Detail:

    Nomura Holdings, Inc. Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Sourcing Category Manager - Software

    ✨Tip Number 1

    Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised.

    ✨Tip Number 2

    Prepare for interviews by researching the company and its culture. Knowing what they value can help you tailor your answers and show you’re a perfect fit.

    ✨Tip Number 3

    Practice makes perfect! Do mock interviews with friends or use online resources. The more comfortable you are, the better you’ll perform when it counts.

    ✨Tip Number 4

    Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s just good manners!

    We think you need these skills to ace Sourcing Category Manager - Software

    Sourcing Experience
    Category Management
    Contract Negotiation
    Stakeholder Management
    RFP Management
    Commercial Advisory
    Supplier Relationship Management
    Financial Performance Target Achievement
    Market Analysis
    Software Licensing Agreements
    Understanding of Software Asset Management
    Cross-Functional Team Collaboration
    Communication Skills
    Project Management
    Team Leadership

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Sourcing Category Manager role. Highlight your relevant sourcing experience and any specific software contracts you've managed. 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 your experience with vendor negotiations and category strategy.

    Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Use numbers and examples to demonstrate how you've contributed to cost efficiency or improved supplier relationships in previous roles.

    Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!

    How to prepare for a job interview at Nomura Holdings, Inc.

    ✨Know Your Stuff

    Make sure you brush up on your knowledge of software sourcing and procurement. Familiarise yourself with key players like Microsoft, Oracle, and Salesforce, and understand their licensing agreements. This will help you speak confidently about your experience and how it relates to the role.

    ✨Showcase Your Negotiation Skills

    Prepare examples of past negotiations you've led, especially those involving complex contracts. Be ready to discuss your strategies and the outcomes. This will demonstrate your ability to influence and manage high-profile deals effectively.

    ✨Understand the Company Culture

    Research Nomura’s values and mission. Understanding their approach to cost efficiency and risk management will allow you to align your answers with their goals. Show that you’re not just a fit for the role, but also for the company culture.

    ✨Ask Insightful Questions

    Prepare thoughtful questions about the Group Sourcing function and its future initiatives. This shows your genuine interest in the role and helps you gauge if the company is the right fit for you. Plus, it gives you a chance to engage with your interviewers on a deeper level.

    Sourcing Category Manager - Software
    Nomura Holdings, Inc.

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