Sourcing Manager - Software
NomuraAbout the role
Job Title: Sourcing Manager – Software
Corporate Title: Vice President
Department: Global Sourcing, Group CIO
Location: US, Remote
The pay range for this position at commencement of employment is expected to be between $140,000 and $180,000 annually.
* (see below footnote for additional compensation and benefits information).
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. For further information about Nomura, visit www.nomura.com.
Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors
Department Overview:
Nomura is currently in the process of establishing a new Global 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 Description:
Working as part of a Category team that operates as part of an overall Global Sourcing team. Making an ongoing, tangible contribution to cost efficiency and commercial/contractual risk management, through:
- Supporting the Global Sourcing Category Leads across Software in the effective delivery of the applicable 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
- Supporting the ongoing development of Nomura’s Global Sourcing function
- Where applicable, support the execution of Business Continuity plans and proactive operational risk management
Skills, experience, qualifications and knowledge required:
- Degree level qualification or equivalent
- CIPS or other professional Sourcing/Procurement qualification desirable
- Minimum 7 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:
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- Supporting the Global Sourcing Category Leads – Software and Services 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 agreement
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