About the Role
The IT Category Lead & Sr. Sourcing Manager is responsible for developing and executing sourcing strategies across key technology spend categories such as software, cloud services, networking, cybersecurity, SaaS platforms, telecom/data center and hardware and will own the end-to-end acquisition lifecycle. This role drives commercial optimization, risk reduction, supplier performance, and alignment of IT investments with business objectives. The manager partners closely with leadership, Finance, Legal, Security, Architecture, and Vendor Management to deliver technology solutions efficiently and costeffectively.
The role requires strong category knowledge, negotiation expertise, analytical skills, and the ability to influence senior stakeholders and executives. A key focus of the role is also ensuring responsible acquisition of AI technologies and adherence to regulatory, data protection, and thirdparty risk requirements.
Responsibilities of the Role
Category Strategy & Planning
Develop multiyear category strategies across software, cloud, infrastructure, security, telecom, and services spend.
Analyze market trends, pricing models, supplier consolidation opportunities, licensing changes, and emerging technologies (e.g., AI/ML tools, observability platforms, cloud-native architectures).
Define category segmentation, sourcing levers, competitive landscape analysis, and long-term value creation opportunities.
Build strategic roadmaps that align with enterprise architecture, IT operating models, and budget cycles.
Sourcing & Negotiation
Lead complex RFPs/RFQs, competitive bids, direct negotiations, and supplier evaluations for high-value technology agreements.
Negotiate commercial terms, service-level agreements (SLAs), data protection, usage rights, subscription models, cloud consumption frameworks, and costoptimization structures.
Drive savings outcomes and achieve continuous yearoveryear cost optimization across the IT portfolio.
Manage renewals and renegotiations for major platforms such as SaaS suites, hyperscale cloud, cybersecurity tools, observability/monitoring, and infrastructure technologies.
Contract & Commercial Management
Own the endtoend commercial lifecycle: drafting, redlining, coordinating with Legal, and ensuring compliance with corporate policies.
Evaluate contract risks related to data privacy, cybersecurity, regulatory frameworks, SLAs, termination rights, and vendor lockin.
CrossFunctional Collaboration & Stakeholder Engagement
Act as a trusted advisor to IT leadership teams across Security, Infrastructure, Engineering, Architecture, Product, and Operations.
Translate business/technical requirements into sourcing strategies that balance cost, performance, security, and scalability.
Facilitate business alignment sessions, and executive briefings on procurement strategy and sourcing initiatives.
Requirements of the Role
7 612 years of IT procurement, technology sourcing, category management, or IT vendor management experience.
Bachelors degree in Business, Supply Chain, IT Management, Finance, or related field. MBA or Masters degree preferred.
Certifications such as CIPS, CPSM, ITIL, or FinOps Practitioner are advantageous.
Track record of delivering cost savings, supplier consolidation, and improved supplier performance.
Experience managing global or enterprise-scale supplier portfolios.
Strong understanding of technology domains: cloud (AWS, Azure, GCP), cybersecurity, networking, SaaS, enterprise software, observability, data platforms, AI/ML tools.
Familiarity with usagebased pricing, subscription licensing, cloud consumption economics, and enterprise architecture considerations.
Expertise in sourcing methodologies, category management frameworks, and competitive bidding processes.
Strong commercial negotiation skillsable to deliver material cost reductions and mitigate contractual risks.
Experience negotiating highvalue enterprise agreements (> $500K+ annual spend).
Strong stakeholder management and executivelevel communication.
Ability to lead crossfunctional teams and influence without direct authority.
Comfortable managing multiple workstreams simultaneously in a fast-paced environment.
Proficiency with sourcing, CLM, spend, and procurement platforms (e.g., Zip, Oracle, Globality, SpendHQ and IronClad.
Full Time / Part TimeFull time
Worker TypeEmployee
Job Exempt (Yes / No)Yes
Workplace ModelPursuant to Invescos Workplace Policy, employees are expected to comply with the firms most current workplace model, which as of October 1, 2025, includes spending at least four full days each week working in an Invesco office. This reflects our belief that spending time together in the office helps us build stronger relationships, collaborate more easily, and support each others growth and development.
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.
