Job Title:  Operations Suppport Lead

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

Job Description for GCM – Group Sourcing Operations Lead – Vice President

Nomura 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.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees, and to eliminating bias and discrimination in the workplace whether on grounds of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

Business 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.

Position Specifications:

Role & Responsibilities:

• Leading the Sourcing Operations team that operates as part of an overall Global Sourcing team. Making an ongoing, tangible contribution to the operational efficiency of the Global Sourcing function, through:
• Establishing a Centre of Excellence by leading and overseeing the development and delivery of initiatives that are critical to the Global Sourcing function’s daily activities related to data, systems, analytics, reporting and performance improvements
• Designing and implementing, including related user training, of robust reporting frameworks and dashboards to enhance sourcing visibility and drive business intelligence across the organization
• Building strong relationships with global category leads and hold regular reviews to understand their needs, anticipate their future requirements and identify opportunities for operational efficiency and sustainable solutions
• Maintaining independence from global category leads when monitoring ongoing compliance of policies, standards and procedures
• Oversight and development of regional team members
• Supporting category-wide efficiency and governance initiatives
• Making a material contribution to the ongoing development of Nomura’s Global Sourcing function, including:

Develop interactive dashboards using Power BI

• Overseeing and managing the development of a new Global Sourcing Policy and related standard operating procedures and controls, defining and monitoring ongoing compliance and breach consequences framework
• Integrating the Group ESG Policy and Procedures into the new Global Sourcing Policy, standard operating procedures and controls, defining and monitoring ongoing compliance and breach consequences framework
• Embedding and monitoring ongoing application of the approved Global Sourcing Saves Methodology
• Developing and delivering a Sourcing Academy including a new annual Learning Plan for firm-wide training
• Responsibility for standardization, consolidation and globalization of the cross-regional Business Continuity plans for Sourcing
• Accountability for standardizing and embedding Sourcing standards (e.g. PSLs, Supplier Financial Health) and ongoing monitoring and reporting
• Defining and implementing global access provisioning workflow for all Sourcing related systems and decommission defunct workflow
• Ensuring globally consistent platform, process and workflow for contracts management, promoting uniformity and efficiency
• Developing and implementing globally consistent e-Sourcing procedures, vendor training, Q&A, scoring criteria
• Responsibility to collate, monitor and distribute Sourcing KPIs, supplier performance and saves

Mind Set:

Mandatory Skill Set :

• Degree level qualification or equivalent
• Bachelor’s degree in business administration or other professional Sourcing/Procurement qualification desirable; a professional qualification in change management is highly advantageous
• Minimum [12+ years] of relevant experience in sourcing analytics with a strong foundation in business development and change management/process improvement to play a crucial role in developing advanced analytical tools and maintaining processes that support strategic sourcing and operational initiatives
• Other programming experience: Power BI an advantage

Desired Skill Set :

• Ability to influence others with a collaborative, inclusive and engaging style with a practical approach to delivering successful, collaborative outcomes to support evolving business needs
• 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
• 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 d

Nomura Leadership Behaviours:

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.