Job Information
T. Rowe Price IT Category Manager in Owings Mills, Maryland
There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.
Role Summary
Responsible for technology categories to support Facilities Technology, the Total Cost of Ownership and Software Asset Management teams, and technology infrastructure for Technology Services supporting a Sr. Category Manager with accountability for all infrastructure at T. Rowe Price (approximately $50 million spend). Owns global spend and relationships across the categories.
Responsibilities:
• Works with technology and facilities business units to understand and document requirements needed to make business decisions regarding sourcing. Generates consensus between internal stakeholders with differing perspectives.
• Owns spend and supplier relationships for assigned categories. Recommends sourcing strategies to develop annual savings for assigned categories.
• Researches and tracks potential and existing suppliers. Conducts quality assessments and vendor scorecards.
• Applies in-depth understanding of the marketplace and suppliers, as well as market trends and best practices for assigned category.
• Oversees contracts for assigned categories that may have a number of nonstandard elements or terms.
Typical Qualifications:
• Bachelor's degree or the equivalent combination of education and relevant experience AND
• 5+ years of total relevant work experience
Preferred Qualifications:
• Experience in the Financial Services Industry Technology Sourcing space is preferred.
• Past experience working closely with a Software Asset Management and Total Cost of Ownership functional organization is preferred.
• Expertise in ideating and delivering on hard-dollar cost reductions in the Technology Contracting space is preferred.
• Familiarity with Sourcing / Contracting Facilities Technology is preferred.
• Global Procurement experience is preferred, but not required.
FINRA Requirements: FINRA licenses are not required and will not be supported for this role.
Work Flexibility: This role is eligible for remote work up to two days a week OR as a fully remote role (subject to the firm’s Telework policy).
REGIONAL REQUIREMENTS
Wage Transparency Disclosure* -
Minimum salary (USD) starts at $91,500.
The salary range for this role, based on experience, is $91,500- $156,500 Annually.
*Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance. Salary range disclosure as required by sb19-085 when hiring in Colorado, S9427A when hiring in New York, SB 1162 when hiring in California, and SB 5761 when hiring in the State of Washington.
Commitment to Diversity, Equity, and Inclusion:
We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.
Benefits: We invest in our people through a wide range of programs and benefits, including:
Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
Flexible and remote work opportunities
Health care benefits (medical, dental, vision)
Tuition assistance
Wellness programs (fitness reimbursement, Employee Assistance Program)
Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.
T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term.
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