Coordinate supplier communications and ensure timely completion of sourcing initiatives.
Contract & Commercial Management
Support the contract lifecycle process , including drafting, redlining, and approvals in partnership with Legal.
Ensure contracts meet internal compliance, data privacy, and security requirements.
Track key contract terms such as renewal dates, pricing adjustments, and usage commitments.
Identify and escalate risk areas such as auto-renewals, price increases, and unfavorable terms.
Stakeholder Engagement & Collaboration
Partner with IT stakeholders (Infrastructure, Security, Engineering, Architecture) to understand business requirements.
Translate technical requirements into sourcing specifications and evaluation criteria.
Provide regular updates on sourcing activities, timelines, and savings outcomes.
Support stakeholder alignment and facilitate decision-making throughout the sourcing process.
Required Skills & Qualifications
Technical & Domain Knowledge
Working knowledge of key IT domains such as cloud (AWS/Azure), SaaS, cybersecurity, networking, and enterprise software .
Basic understanding of subscription models, licensing structures, and cloud consumption pricing.
Ability to interpret technical requirements and align them with commercial solutions.
Procurement & Negotiation Skills
Experience with standard sourcing methodologies and procurement processes.
Strong analytical skills, including spend analysis and supplier comparison.
Developing negotiation skills with the ability to achieve cost savings and favorable terms.
Experience supporting contracts in the $100K-$1M range (or similar).
Collaboration & Execution
Strong organizational and project management skills; able to manage multiple sourcing events concurrently.
Effective communication and stakeholder engagement skills.
Ability to work cross-functionally and influence outcomes at the working-team level.
Tools & Systems
Experience with procurement and sourcing tools such as: Zip Oracle Procurement Globality SpendHQ Ironclad (or other CLM systems)
Experience Requirements
3-7 years of experience in IT sourcing, procurement, vendor management, or category support.
Experience running sourcing events and managing supplier interactions.
Track record of delivering measurable cost savings or process improvements.
Exposure to enterprise or global procurement environments
Benefits
Health insurance401(k)Flexible scheduleEquity / stock optionsParental leave
Additional Information
About Invesco
As one of the world's leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.
What's in it for you?
Our people are at the ver y core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
Flexible paid time off
Hybrid work schedule
401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
Health & wellbeing benefits
Parental Leave benefits
Employee stock purchase plan
Job Description
Job Description: IT Sourcing Manager / Category Manager
Position Overview
The IT Sourcing Manager / Category Manager supports the development and execution of sourcing strategies across key technology spend categories, including software, cloud services, cybersecurity, SaaS platforms, telecom, and hardware.
This role focuses on driving cost efficiency, supporting supplier selection, managing sourcing events, and ensuring contract compliance , while partnering with cross-functional stakeholders across IT, Finance, Legal, and Vendor Management.
The position requires strong analytical skills, foundational negotiation capability, and the ability to manage sourcing initiatives end-to-end under the guidance of senior leaders.