As a Category Manager covering cloud service providers, big data and artificial intelligence (AI), you will play a key role in the firm’s continued modernization and journey to the cloud and deployment of new technologies. You will identify best-in-class suppliers, source products, and negotiate pricing and terms. You will find and unlock value through optimizing commercial relationships, and protect the firm by managing third party risk.
Job responsibilities:
- Lead the development and execution of multi-year category and supplier spend management strategies
- Conduct in-depth cost and spend analysis to develop target savings & cost reduction initiatives
- Drive sourcing events: work with stakeholders to define requirements, identify qualified suppliers, execute competitive selection processes, and negotiate contracts
- Partner and collaborate with internal business & technology stakeholders, in-house Legal, Risk and Finance teams, and your colleagues in Sourcing.
- Develop subject matter & market expertise; provide thought leadership
- Proactively engage with clients to identify and develop value added opportunities and comprehensive sourcing strategies
- Drive cost reduction and savings, supplier optimization, risk mitigation, order & payment compliance, and preferred supplier identification
Required qualifications, capabilities, and skills:
- 7+ years of experience in managing technology categories and spend, with exceptional delivered results
- Commercial mindset and negotiation ability, especially relating to software (both on-premise and SaaS), cloud and artificial intelligence
- Communication skills: ability to communicate effectively with stakeholders and senior management. Explain commercial and contractual concepts, and how value is being delivered
- Market Research: ability to conduct market/industry/supplier analysis and synthesize data into a consumable format
- Risk Management: knowledge of business risk factors and business savvy to minimize risk appropriately and communicate acceptance of risk factors when required.
- Sourcing Methodology: strong knowledge of the key aspects of the RFI/RFP/RFQ and five step sourcing process
- Bachelor’s Degree
Preferred qualifications, capabilities, and skills:
- Financial services industry experience
- Legal acumen; strong understanding of complex master-level agreements