Software Asset Manager
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
We are seeking a compliance-driven Software Asset Manager to lead the transformation of our SAM function across EMEA, ensuring software usage is optimised, compliant, and audit-ready.
Essentials of the Role
- Lead software lifecycle governance, including procurement, deployment, tracking, and retirement.
- Ensure compliance with licensing agreements and regulatory standards (e.g., DORA and ECB).
- Collaborate with IT, procurement, and finance to optimise software spend and manage vendor relationships.
Candidate Requirements
- 5+ years’ experience in software asset management, ideally in financial services or regulated industries.
- Strong knowledge of ITIL, ISO 19770, and software licensing models (SaaS, perpetual, subscription).
- Proficiency in SAM tools (e.g., ServiceNow, Flexera, Snow) and audit preparation.
Position Description
The Software Asset Manager will establish and execute a structured, compliant, and cost-effective SAM framework across SMBC EMEA. This includes managing software inventories, ensuring audit readiness, and aligning software usage with licensing entitlements and regulatory requirements.
Key Responsibilities:
- Define and implement software lifecycle policies and compliance frameworks.
- Maintain accurate software inventories and entitlement repositories.
- Lead internal and external audits, ensuring regulatory compliance.
- Support vendor relationships, contract negotiations, and renewals.
- Analyse software usage to identify cost-saving opportunities and produce compliance reports.
- Collaborate with cross-functional teams to align SAM with budgeting and procurement strategies.
Skills & Qualifications:
- Bachelor’s degree in IT, Computer Science, or related field.
- Certifications such as CSAM, CITAM, or ITIL Foundation preferred.
- Strong analytical, organisational, and communication skills.
- Experience with regulatory compliance and financial management of software assets.
Challenges:
- Ensuring compliance and audit readiness in a complex regulatory environment.
- Driving cost optimisation through software rationalisation and reclaim processes.
- Maintaining accurate inventory and integrating with tools like ServiceNow and Coupa.
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.