Software Procurement Lead - temp contract

Job title: Software Procurement Lead

Temporary contract: Until March 2027

Corporate Title: No Corporate Title

Department: Group Sourcing, Group CIO

Location: London, UK (Hybrid)

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our three business divisions: Wealth Management, Investment Management and Wholesale (Global Markets and Investment Banking).

Driven by the insights of some 26,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com

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 Decription

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
• 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
  • Knowledge of other IT spend categories and topics, including Software/Cloud, Staff Augmentation and Cyber / Information Security would be beneficial

• 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