Sr. Category Manager, Procurement

T. Rowe Price • Owings Mills, MD

10h • Remote

About The Position

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 (approximately $150 million spend). Partners with business stakeholders to develop category strategies that optimize cost, mitigate risk, enhance supplier performance, and support enterprise technology objectives.

Requirements

• Bachelor's degree or the equivalent combination of education and relevant experience AND 8+ years of total relevant work experience

Nice To Haves

• 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 is strongly preferred.
• 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.
• 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.

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.
• 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.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior