Category Lead and Senior Sourcing Manager

About the role

Develop and implement sourcing and category strategies aligned with Invesco’s strategy and objectives.
Collaborate with internal stakeholders across Functions and Business Lines to understand their requirements and develop category strategies aligned to requirements, growth and cost profile.
Drive supplier relationship management initiatives, fostering strong partnerships and continuous improvement for key supplier relationships in the category.
Monitor and evaluate supplier performance, implementing corrective actions when necessary to ensure compliance with quality, delivery, and service level agreements.
Drive the key, material sourcing events in the category (RFx, Renewals, sole source negotiations) along with contract negotiations.
Conduct market research and analysis to identify trends, opportunities, and risks in the sourcing and category landscape (i.e. Porter’s Five Forces, Gartner, Hackett, etc).

Responsibilities

• Develop and implement sourcing and category strategies aligned with Invesco’s strategy and objectives.
• Collaborate with internal stakeholders across Functions and Business Lines to understand their requirements and develop category strategies aligned to requirements, growth and cost profile.
• Drive supplier relationship management initiatives, fostering strong partnerships and continuous improvement for key supplier relationships in the category.
• Monitor and evaluate supplier performance, implementing corrective actions when necessary to ensure compliance with quality, delivery, and service level agreements.
• Drive the key, material sourcing events in the category (RFx, Renewals, sole source negotiations) along with contract negotiations.
• Conduct market research and analysis to identify trends, opportunities, and risks in the sourcing and category landscape (i.e. Porter’s Five Forces, Gartner, Hackett, etc).

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, Computer Science or a related field. Master's degree desirable.
• Minimum 5 years experience in procurement, strategic sourcing, and category management, and technology preferably in financial services. Will consider 10 years relevant business experience in the Investment Services category area.
• Strong knowledge of procurement best practices, market trends, and supplier management.
• Excellent negotiation, contract management, and supplier relationship management skills.
• Strong project management skills, with the ability to prioritize and manage multiple projects simultaneously with proficiency in procurement software and tools.
• Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) are a plus.

Benefits

The salary range for this position in New York is $195,000 - $213,000 base/year. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location.

Pay

The salary range for this position in New York is $195,000 - $213,000 base/year.

Schedule

This position is Full Time.