Sourcing Specialist - Software

Sourcing Specialist - Software

Corporate Title: Associate

Department: Global Sourcing, Group CIO

Location: US, Remote

The pay range for this position at commencement of employment is expected to be between $110,000 and $140,000 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

Providing input and support 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 internal clients and 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 2 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 the Global Sourcing Category Lead - Software 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 software licensing agreements is desirable, but a level of experience in IT Sourcing is essential

Understanding of software license metrics and principles of software asset management

Experience in a Banking environment may be an advantage, but is not essential

Experience negotiating commercial and contract terms

Is highly credible, an effective communicator (written and verbal) and is able to influence external vendors and 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 / cross-regional 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

Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, discretionary awards and eligibility for commissions for applicable sales roles in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

Nomura is an Equal Opportunity Employer