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Senior Category Manager, Procurement

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T. Rowe Price

5001 - 10000 employees

T. Rowe Price is a premiere global asset management organization, actively investing in opportunities to help people thrive in an evolving world.

đź“‹ Description

• Responsible for strategic sourcing, category management, and contract oversight across T. Rowe Price's Infrastructure category • Manages a complex portfolio of infrastructure spend, including data center services, cloud infrastructure, network and telecommunications services, hardware, end-user computing, storage, compute, managed services, and related technology operations suppliers • Partners with business stakeholders to develop category strategies that optimize cost, mitigate risk, enhance supplier performance, and support enterprise technology objectives • Develops and executes category strategies for Infrastructure-related spend, aligning sourcing initiatives with business priorities, technology roadmaps, and future-state operating models • Owns supplier spend management across infrastructure categories • Leads complex sourcing events, supplier negotiations, contract renewals, benchmarking activities, and competitive bid processes • Partners with Infrastructure, Architecture, Engineering, Security, Operations, Finance, Legal, and Risk stakeholders to identify sourcing opportunities and support strategic technology initiatives • Conducts market analysis and maintains deep knowledge of infrastructure technology trends, supplier landscapes, pricing models, licensing structures, and emerging industry practices • Negotiates and manages complex commercial agreements • Identifies and delivers cost optimization, vendor consolidation, process improvement, and value creation opportunities across the infrastructure supplier portfolio • Ensures supplier compliance with internal governance, information security, regulatory, operational, and third-party risk management requirements • Provides category expertise, guidance, and strategic recommendations to leadership and business partners regarding infrastructure investments and supplier strategies

🎯 Requirements

• Bachelor's degree or the equivalent combination of education and relevant experience • 8+ years of total relevant work experience • Demonstrated experience managing Infrastructure sourcing categories, including cloud services, data center services, networking, telecommunications, servers, storage, managed services, and end-user computing • 8+ years of strategic sourcing, procurement, or category management supporting enterprise technology organizations • Experience within a large enterprise financial services, regulated industry, or highly complex technology environment • Proven success leading complex supplier negotiations and contract renewals with major technology providers • Strong understanding of infrastructure technology environments and commercial models • Experience developing and executing category strategies that deliver measurable savings, cost optimization, supplier performance improvements, and risk mitigation outcomes • Ability to partner effectively with technical stakeholders

🏖️ Benefits

• Competitive compensation • Annual bonus eligibility • A generous retirement plan • Hybrid work schedule • Health and wellness benefits, including online therapy • Paid time off for vacation, illness, medical appointments, and volunteering days • Family care resources, including fertility and adoption benefits

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