Lead IT Software Category & Sourcing

UBS; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading global wealth manager in London is seeking a Category & Sourcing Lead for IT Software. The role involves defining category strategies, managing vendor relationships, and ensuring compliance. Candidates should have over 10 years of experience in procurement with strong negotiation and analytical skills. This position offers an opportunity to lead a high-performing team, with a focus on cost optimization and data quality.

Qualifications

• 10+ years relevant experience in procurement or related fields.
• Proven contract management expertise.
• Excellent communication and negotiation skills.

Responsibilities

• Define and propose category strategy and targets.
• Lead team in executing sourcing strategies.
• Manage vendor relationships and ensure compliance.

Skills

Category Management

Vendor Relationship Management

Negotiation Skills

Contract Management

Analytical Skills

Tools

Contract Management Software

Job description

Your role

Are you a Category & Sourcing Lead with IT Software expertise? Can you lead a high-performing team in delivering Supply Chain functional targets across all dimensions, from cost optimization to cycle time? Are you adept at supplier relationships management, vendor sustainability & data quality?

Responsibilities

• Be accountable for category strategy definition and category targets proposal to be approved by our Head of Supply Chain and relevant SC MF member, including the definition of initiatives and their implementation. The definition of the category strategy includes the identification of value opportunities, the profiling and segmentation of spend, the analysis of cost structure (industry and internal), the analysis of supply & demand market dynamics, the assessment of market position, the definition of internal future requirements, the identification and quantification of procurement category risks, the definition of the go-to-market model and optimal commercial strategy to interact with suppliers, as well as the category strategy implementation plan
• Lead a team of Category Managers and Sourcing Specialists (internal and external) in building and executing category and sourcing strategies (incl. development of vendor plans and procurement strategies, building of partnerships) and ensuring the performance of all sourcing transactions
• Act as our most senior leader and experienced resource for IT Software with key stakeholders consuming the category services and products, and the respective CFO teams, Contract Managers, federated VRMs as well as the external outsourcing partner resources and senior Sourcing Specialists
• Be accountable for achieving the category performance delivery across all Category Scorecard dimensions, and KPIs and implementing remediating actions where needed
• Manage and drive the relationship with strategic vendors, ensuring compliance with the Vendor Risk Framework and foster a partnership approach
• Evaluate supplier proposals & commercial transactions, negotiate deals and manage escalations to ensure optimal commercial solutions are delivered, whilst adhering to category strategy and procurement framework

Function Category

Corporate services, infrastructure and facilities, Management and Business Support, Outsourcing / Offshoring, Process, project and program management

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.

We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

Your team

You will be working in our IT Category & Sourcing team, which is part of our Supply Chain organization within Group Real Estate and Supply Chain (GRESC). Supply Chain was created to enhance value identification and delivery within GRESC, supporting UBS with its third-party vendor management as well as its Real Estate and Outsourcing footprint.

As Category & Sourcing Lead for IT Software, you will be responsible for the front-to-back management of our IT Software category, ensuring that the category delivery supports the achievement of the Supply Chain functional targets across all dimensions, from cost optimization (savings and deal pipeline), efficiency and cycle time, ensuring the appropriate risk meta data for the contract and vendor portfolio in the category, supplier relationships management, vendor sustainability & data quality.

Your expertise

• 10+ years relevant experience as a Category Manager, Vendor Relationship Manager or other procurement role with commercial expertise
• Proven experience in contract management, procurement, or a related field
• Good understanding of contract law and legal terminology
• Excellent negotiation and communication skillsStrong analytical and problem-solving abilities
• Proficient in using contract management software and tools
• Proven track record in leveraging and deploying AI and AI tools to alleviate operations
• Detail-oriented with strong organizational skills

About us

UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..

We have a presence in all major financial centers in more than 50 countries.