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- Tasks: Lead sourcing strategies and manage vendor relationships in a dynamic financial environment.
- Company: Join Nomura, a global leader in financial services with a collaborative culture.
- Benefits: Enjoy competitive salary, hybrid work options, and opportunities for professional growth.
- Why this job: Make an impact by driving efficiencies and shaping sourcing strategies in a prestigious firm.
- Qualifications: Degree level qualification and experience in sourcing within a blue-chip environment.
- Other info: Be part of a diverse team committed to equal opportunities and innovative solutions.
The predicted salary is between 43200 - 72000 £ 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.
Company overview:
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.
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:
- 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.
- Providing a commercial advisory service to key stakeholders.
- Meeting or exceeding a range of financial and non-financial performance targets.
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.
Sourcing Category Manager - Software employer: Nomura
Contact Detail:
Nomura 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 your connections in the industry, especially those who work at Nomura or similar firms. A friendly chat can lead to insider info about the role and even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its sourcing strategies. Understand their approach to vendor management and be ready to discuss how you can contribute to their goals.
✨Tip Number 3
Showcase your negotiation skills! Be prepared to share examples of successful deals you've led, especially in software procurement. This will demonstrate your expertise and fit for the role.
✨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 team at Nomura.
We think you need these skills to ace Sourcing Category Manager - Software
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Sourcing Category Manager role. Highlight your experience in sourcing and procurement, especially in software, and showcase any relevant achievements that align with the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at Nomura. Mention specific projects or experiences that demonstrate your skills in negotiation and stakeholder management.
Showcase Your Soft Skills: Don’t forget to highlight your soft skills! The ability to build relationships and communicate effectively is key in this role. Share examples of how you've successfully influenced stakeholders or led cross-functional teams.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Nomura
✨Know Your Software Sourcing Inside Out
Make sure you brush up on your knowledge of software sourcing strategies and the latest trends in the market. Be prepared to discuss your experience with enterprise software licensing agreements, especially with big names like Microsoft or Oracle. This will show that you’re not just familiar with the role but also passionate about it.
✨Prepare for Complex Negotiation Scenarios
Since this role involves leading RFPs and high-profile negotiations, think of examples from your past where you successfully navigated complex deals. Be ready to explain your approach and the outcomes. This will demonstrate your capability to handle the responsibilities of the position.
✨Showcase Your Stakeholder Management Skills
You’ll need to build strong relationships with both internal clients and external vendors. Prepare to share specific instances where you’ve effectively influenced stakeholders or managed supplier relationships. Highlighting your communication skills will be key here!
✨Demonstrate Your Team Leadership Experience
As a Sourcing Category Manager, you’ll likely be leading cross-functional teams. Be ready to discuss your experience in motivating and developing team members. Share how you’ve successfully organised projects and driven them to completion while maintaining quality.
