Job Title:  Sourcing Manager-IT Vendor Services

Corporate Title: Vice President

Department: IT Sourcing

Location: New York 

The base pay range for this position at commencement of employment is expected to be between $145,000 and $175,000/year*

Company Overview

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

Role Responsibilities

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 IT Vendor Services Category Lead with 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
• Developing collaborative working relationships with internal and external stakeholders
• Supporting the ongoing development of Nomura's Global Sourcing function

Skills, Experience, Qualifications and Knowledge Required

• Degree level qualification or equivalent
• CIPS or other professional Sourcing/Procurement qualification desirable
• Previous 10 + years of experience of IT Vendor Services sourcing in a blue-chip environment, with a proven track record of successfully leading commercial and contract activities

• • Supporting the Global IT Vendor Services Category Lead in the development and maintenance of strategic Category-wide plans and initiatives in conjunction with stakeholders
  • Management of selection processes and complex commercial and contractual negotiations for Outsourcing Services, Managed Services and IT Staff Augmentation
  • 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
  • Knowledge of the pricing and contracting mechanisms for global enterprise level suppliers
  • Excellent understanding of commercial levers and legal terms and conditions relating to IT Vendor Services contracts, including Outsourcing, Managed Services and Staff Augmentation
  • Knowledge of supply market, supplier capabilities and trends at a local and global level

• Experience in a Banking environment may be an advantage, but is not essential
• Cross-regional team experience an advantage
• 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

*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, and discretionary awards 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, 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