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Job Description

Your Team

The Services Procurement team is responsible for the global category management of key spend areas including Professional Services, HR & Benefits, Marketing, Legal, Properties & Facilities.

Your Role

The position will provide category management, sourcing and procurement support across major categories of indirect spend at a global level as relates to Financial Services and the vendors/suppliers required to execute the Company’s strategic initiatives and day-to-day operations. The position will be responsible for optimizing spend with vendor base and delivering cost savings with a total cost of ownership view. The position will also support Invesco’s procure-to-pay process and shared service model as relates to the implementation of category strategies, vendor management and risk management techniques.

You Will Be Responsible For:

• Developing category strategies utilizing marketplace competition, user demand management, and vendor consolidation

• Identifying category and vendor cost savings opportunities with global view

• Managing competitive sourcing process with internal stakeholders (RFI/RFP) using an AI enabled intake and sourcing/contract management tool

• Negotiating vendor agreements and contracts in partnership with stakeholders and Legal

• Drafting, reviewing and revising contract documents in accordance with Legal guidance

• Proactively managing major contract renewals and renegotiations

• Monitoring major vendor performance with business unit relationship owners through quarterly business reviews

• Providing expenditure analysis and identification of spend outside preferred vendor contracts

• Developing, implementing and improving strategic sourcing processes, tools and buying channels

• Delivering and reporting sustainable hard cost savings and cost avoidance

• Developing expertise and benchmarking knowledge of assigned categories and major vendors

• Managing a robust flow of category transactions in parallel with broader strategic initiatives

• Ability to develop and maintain effective working relationships with senior management, key stakeholders and vendors

The Experience You Bring:

• Proven experience in the Professional Services category space with good working knowledge of the categories

• Experience of HR/benefits category will be advantageous to provide local support to global lead

• You will understand the cost levers in the Professional Services space and have the ability to talk confidently with the business on their requirements and challenge conventional thinking

• Excellent written and verbal communication skills with ability to deliver clear, well-structured presentations: Senior Executive Level presence is required.

• Excellent interpersonal skills with ability to influence others without authority.

• Deep experience with competitive bidding (RFI/RFP) and vendor selection.

• Strong negotiation skills with a working knowledge and good understanding of generally accepted commercial and basic legal terms.

• Self-driven, results oriented, and motivated to work effectively without direct supervision.

• Strong project management and team leadership skills.

• Strong analytical and financial skills.

• Strong knowledge and experience in assigned spend categories.

• Ability to concurrently manage and prioritize multiple projects and transactions.

• Good command of Microsoft Office Suite, especially Excel and PowerPoint

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

Yes

Workplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will wo