T. Rowe Price

T. Rowe Price

Sr. Category Manager, Procurement

Owings Mills, MD · Senior · Full-time

Sponsorship not specified$122k-$209kDetected 6 hours ago
Cloud PlatformsProcess ImprovementProcurementLeadership

About the role

  • Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world.
  • We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.
  • We believe doing the right thing for our clients and our associates is good business.

Responsibilities

  • 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 including cloud, data center, network, telecommunications, hardware, storage, compute, managed services, and workplace technology solutions.
  • Leads complex sourcing events, supplier negotiations, contract renewals, benchmarking activities, and competitive bid processes to drive value and manage risk.
  • 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, including Master Services Agreements, Statements of Work, cloud agreements, maintenance agreements, support contracts, and managed services engagements.
  • Identifies and delivers cost optimization, vendor consolidation, process improvement, and value creation opportunities across the infrastructure supplier portfolio.
  • Provides category expertise, guidance, and strategic recommendations to leadership and business partners regarding infrastructure investments and supplier strategies.
  • The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes.

Requirements

  • 8+ years of total relevant work experience
  • 8+ years of strategic sourcing, procurement, or category management supporting enterprise technology organizations.
  • Proven success leading complex supplier negotiations and contract renewals with major technology providers such as cloud, infrastructure, telecom, hardware, and managed service vendors.
  • Strong understanding of infrastructure technology environments and commercial models, including cloud consumption, managed services, maintenance/support agreements, software licensing, and hardware procurement.
  • FINRA licenses are not required and will not be supported for this role.
  • Required:
  • Bachelor's degree or the equivalent combination of education and relevant experience AND
  • Preferred:
  • Demonstrated experience managing Infrastructure sourcing categories, including cloud services, data center services, networking, telecommunications, servers, storage, managed services, and end-user computing.
  • 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 such as Infrastructure Engineering, Network Services, Cloud Operations, Information Security, and Enterprise Architecture teams.
  • FINRA Requirements
  • Work Flexibility

Nice to have

  • Experience within a large enterprise financial services, regulated industry, or highly complex technology environment is strongly preferred.

Compensation

  • $122,000.00 - $209,000.00 for the location of: Maryland, Colorado, Washington and remote workers
  • $135,000.00 - $230,000.00 for the location of: Washington, D.C.
  • $153,000.00 - $261,000.00 for the location of: New York, California
  • Base salary is only one component of our total compensation package.

Benefits

  • As an associate, you'll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
  • Featured employee benefits to enrich your life:
  • Annual bonus eligibility
  • A generous retirement plan
  • 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
  • Learn more about our benefits.

Equal opportunity

  • Here, you can expect equal opportunity and fair and consistent treatment for all.
  • equal opportunity employer and values diversity of thought, gender, and race.

Visa & Work Authorization

  • in, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by
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