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 very 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

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 cost‑effectively.

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 third‑party risk requirements.

Responsibilities of the Role

Category Strategy & Planning

• Develop multi‑year 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 cost‑optimization structures.

• Drive savings outcomes and achieve continuous year‑over‑year 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 end‑to‑end 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 lock‑in.

Cross‑Functional 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

• 7–12 years of IT procurement, technology sourcing, category management, or IT vendor management experience.

• Bachelor’s degree in Business, Supply Chain, IT Management, Finance, or related field.  MBA or Master’s degree preferred.

• Certifications such as CIPS, CPSM, ITIL, or FinOps Practitioner are advantage