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As one of the worlds leading asset managers Invesco is dedicated to helping investors worldwide achieve their financial objectives. 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 youre looking for challenging work smart colleagues and a global employer with a social conscience come explore your potential at Invesco. Make a difference every day!
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 Companys strategic initiatives and daytoday 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 Invescos procuretopay 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 wellstructured 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.
Selfdriven 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
At Invesco our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a fulltime employee compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week with two days working outside an Invesco office.
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
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.
Invescos culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race creed color religion sex gender gender identity sexual orientation marital status national origin citizenship status disability age or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing nondiscrimination in employment.
Required Experience:
Manager
Full-Time