Optiver Logo

Optiver

Category Manager, Software

Posted 26 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
107K-140K Annually
Senior level
In-Office
Chicago, IL, USA
107K-140K Annually
Senior level
Own global software procurement and category management, including sourcing events, commercial analysis, negotiations, contracts, renewals, licensing, supplier performance, and risk management. Partner with technology, business, finance, legal, and procurement stakeholders to optimize software spend, consumption, total cost of ownership, and supplier outcomes. Develop category strategies, manage global processes, maintain procurement records, and contribute to sourcing playbooks and should-cost models.
The summary above was generated by AI

We are building a dedicated Software category within Global Procurement's Tech Sourcing organization. The Category Manager - Software is a hands-on sourcing position who can manage and execute sourcing and category strategies for specific software categories.

In this role you will own day-to-day sourcing and supplier management across enterprise software deals. The portfolio includes enterprise operations, productivity, and collaboration tools, alongside the wider software estate. You will translate category plans into sourcing events, commercial analysis, contract execution, and measurable outcomes.

You will partner closely with business and technology stakeholders and Procurement colleagues to ensure we are extracting maximum value from supplier and reseller relationships, managing renewals, licensing, and consumption, and driving measurable business impact across a complex and fast-moving spend category.

This is an individual-contributor role where the impact will span globally across multiple regions, partnering with other software category managers to ensure one of our fastest-growing and most visible categories is managed optimally.

What you'll do

  • Category Planning and Execution: work with the business stakeholders to support development of category planning and implementation of the software category strategy.
  • Sourcing delivery: Plan and run end-to-end sourcing events (RFI, RFQ, and RFP) for enterprise software, prepare commercial evaluation models, negotiation strategies (commercial and contract), and award recommendations.
  • Commercial management: Support negotiations on agreements; structure pricing, licensing, renewal mechanics, SLAs, and commercial terms in line with Procurement and Legal standards.
  • Supplier performance: Monitor supplier delivery, service levels, support quality, and renewal risk; manage supplier escalation paths
  • Stakeholder partnership: Act as a trusted Procurement partner to business operations, enterprise technology, and other stakeholder teams on software requirements, licensing, timelines, and total cost of ownership (TCO).
  • Market and risk intelligence: Track licensing models, price inflation, vendor consolidation, and consumption trends; surface risks and opportunities to stakeholder teams.
  • Process and compliance: Ensure software purchases follow Optiver Procurement policy and controls; maintain accurate records in sourcing and contract systems.
  • Cross-regional coordination: Collaborate with Procurement colleagues to align global frameworks, regional exceptions, and consistent ways of working across geographies.
  • Knowledge sharing: Contribute to category playbooks, should-cost models, and lessons learned from sourcing events to uplift team capability.

What you’ll get

You’ll join a culture of collaboration and excellence, surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you’ll thrive in a supportive, high-performing environment alongside talented colleagues, collectively tackling some of the toughest challenges in the financial markets.

In addition, you’ll receive:

  • The opportunity to work alongside best-in-class professionals from over 40 different countries
  • Highly competitive compensation package including performance-based bonus structure
  • 401(k) match up to 50%
  • Comprehensive health, mental, dental, vision, disability, and life coverage
  • 25 paid vacation days alongside market holidays
  • Extensive office perks, including breakfast, lunch and snacks, regular social events, clubs, sports leagues and more

Who you are

  • 5+ years of technology procurement or strategic sourcing experience, with substantive exposure to software categories (SaaS, enterprise applications, business operations systems, and productivity and collaboration tools).
  • Demonstrated delivery of complex sourcing projects from intake through contract signature, including multi-supplier evaluations and executive-ready business cases.
  • Experience supporting or leading software provider and/or reseller negotiations with measurable commercial outcomes.
  • Working knowledge of software commercial dynamics (subscriptions, enterprise agreements, true-ups, consumption commitments, renewals, and license optimization).
  • Proven ability to partner with business and technology stakeholders and finance on requirements and commercial decisions.
  • Experience operating in a matrixed, global environment with multiple regions and stakeholders.
  • Strong negotiation, analytical, and financial skills; ability to build and interpret TCO and should-cost analyses for software solutions.
  • Proficiency in sourcing methodologies, contract structures, and commercial terms common in enterprise software.
  • Clear communication - able to distil complex technical and commercial trade-offs for business and leadership audiences.
  • Organization and prioritization in a fast-paced environment with competing demands and time-sensitive renewal and project needs.
  • Familiarity with procurement systems and tooling and disciplined contract and spend data management.
  • Collaborative mindset with integrity, attention to detail, and a continuous-improvement approach.
  • Experience in trading, or other technology-intensive industries with demanding uptime, security, and data-protection requirements.
  • Exposure to enterprise productivity suites, collaboration platforms, or business-operations application estates.
  • Experience supporting software asset management, license optimization, or SaaS lifecycle programs in partnership with IT and business operations.

Who we are

At Optiver, our mission is to improve the market by injecting liquidity, providing accurate pricing, increasing transparency and stabilizing the market no matter the conditions. With a focus on continuous improvement, we prioritize safeguarding the health and efficiency of the markets for all participants. As one of the largest market making institutions, we are a respected partner on 100+ exchanges across the globe.

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics.



Below is the expected base salary for this position. This is a good-faith estimate of the base pay scale for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. This position will also be eligible for a discretionary bonus (if determined by Optiver) and Optiver’s benefits package with the benefits listed above. 


Base Salary Range
$107,000—$140,000 USD

Optiver Chicago, Illinois, USA Office

130 E. Randolph Street, Chicago, IL, United States, 60601

Similar Jobs

7 Days Ago
In-Office
Chicago, IL, USA
130K-140K Annually
Senior level
130K-140K Annually
Senior level
Real Estate • Financial Services
Manages global procurement strategies for enterprise software, SaaS, data subscriptions, and licensing. Leads sourcing events, contract negotiations, supplier relationship management, vendor consolidation, renewal optimization, software asset management, third-party risk activities, and savings tracking. Partners with technology and business stakeholders across regions to deliver cost savings, improve license utilization, ensure governance, and align procurement with business and technology strategies.
Top Skills: AIEnterprise SoftwareSaaSSoftware Asset Management (Sam)
19 Days Ago
Hybrid
Chicago metropolitan area, Chicago, IL, USA
100K-140K Annually
Mid level
100K-140K Annually
Mid level
Hardware • Security • Software • Cybersecurity
Leads strategic sourcing and category management for software procurement. Responsibilities include RFx processes, spend analysis, supplier negotiations, contract renewals, supplier relationship management, cost reduction, risk mitigation, and stakeholder advising. The role requires expertise in software and SaaS sourcing, complex contracts, supplier performance, and procurement strategy, with interaction up to director and vice president levels.
Top Skills: ItRfxSaaSSbomSoftware
3 Months Ago
Hybrid
3 Locations
105K-150K Annually
Junior
105K-150K Annually
Junior
Hardware • Security • Software • Cybersecurity
The Procurement Category Manager - Software focuses on strategic sourcing, supplier relationship management, and contract negotiation for software procurement. Responsibilities include developing sourcing strategies, managing supplier performance, driving cost reduction initiatives, and collaborating with stakeholders to align procurement with business goals.
Top Skills: Procurement Tools And Technologies

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account