Director, Category Management - Enterprise Supply Management

Posted 20 Days Ago
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Jersey City, NJ, USA
In-Office
Expert/Leader
Financial Services
The Role
Leads the creation and development of DTCC’s enterprise Category Management function. Establishes operating models, governance, category strategies, supplier risk practices, analytics, and performance reporting. Builds and manages a high-performing procurement team while advising senior leaders, driving cost optimization, supplier innovation, resilience, and procurement transformation across enterprise spend categories.
Summary Generated by Built In
 

Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
 

Pay and Benefits:
 

  • Competitive compensation, including base pay and annual incentive

  • Comprehensive health and life insurance and well-being benefits, based on location

  • Pension / Retirement benefits

  • Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

  • DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

 

The Impact You Will Have In This Role:

 

The Director of Category Management is a newly established leadership role reporting directly to the Chief Procurement Officer and responsible for building and leading DTCC's Category Management function within Enterprise Supply Management (ESM). This role will establish the vision, operating model, governance framework, talent strategy, and category management disciplines required to transform procurement into a strategically aligned, data-driven enterprise capability.

As a member of the ESM leadership team, the Director will serve as a key advisor to the Chief Procurement Officer, partnering closely with senior business leaders across Technology, Finance, Human Resources, Corporate Security, Workplace Services, and Third-Party Risk Management to align supplier strategies with DTCC's enterprise objectives.

This position represents a unique opportunity to create and lead a new organization from the ground up, establish best-in-class category management practices, develop a high-performing team, and drive measurable business value through supplier strategy, market intelligence, cost optimization, innovation, and risk management.

 

Your Primary Responsibilities:

 

  • Design and implement DTCC's enterprise Category Management operating model, including governance, processes, methodologies, and performance measures.

  • Build and lead a high-performing team of Category Managers responsible for strategic sourcing, supplier strategies, and category planning.

  • Serve as a strategic advisor to the Chief Procurement Officer and member of the ESM leadership team, contributing to enterprise supply management strategy, organizational development, operating model evolution, and transformation initiatives.

  • Develop multi-year category strategies aligned to enterprise objectives, business demand, market dynamics, and financial goals.

  • Partner with Finance, Legal, Technology, Third-Party Risk, Human Resources, Facilities, and business leadership to identify value creation opportunities and strategic priorities.

  • Establish category segmentation methodologies and category playbooks across major spend areas.

  • Drive enterprise value through cost optimization, demand management, supplier innovation, contract leverage, and risk reduction initiatives.

  • Leverage spend analytics, market intelligence, benchmarking, and supplier data to identify opportunities and inform sourcing strategies.

  • Lead strategic supplier engagement activities, including supplier business reviews, executive governance forums, and innovation sessions.

  • Partner with Strategic Sourcing, Procurement Operations, Supplier Management, Third-Party Risk, and Contract Management teams to ensure end-to-end value realization.

  • Develop sourcing pipelines and opportunity portfolios that balance financial, operational, resilience, and regulatory objectives.

  • Establish supplier landscape assessments and category-specific risk management strategies.

  • Create executive-level reporting and dashboards that measure category performance, value delivery, savings, supplier risk, and strategic outcomes.

  • Champion procurement transformation initiatives, including automation, AI-enabled analytics, spend visibility, taxonomy development, and process modernization.

  • Promote a category-led culture across ESM and business stakeholders through education, stakeholder engagement, and change management activities.

  • Recruit, mentor, and develop procurement talent while establishing career paths and capability-building programs for the Category Management organization.

  • Maintain awareness of industry trends, emerging supplier markets, regulatory developments, and procurement leading practices.

  • Mitigate risk by following established procedures, identifying control gaps, and demonstrating strong ethical leadership and accountability.

 

Qualifications:

 

  • Minimum 15 years of experience in procurement, strategic sourcing, category management, supply management, consulting, or related disciplines.

  • Minimum 10 years of leadership experience managing teams and enterprise-wide initiatives.

  • Bachelor's degree required; MBA, Master's degree, CPSM, CPSD, CSP, or equivalent professional certification preferred.

  • Experience designing or leading Category Management organizations, procurement transformations, or large-scale sourcing programs preferred.

  • Financial services industry experience preferred.

 

Talents Needed For Success:

 

  • Deep expertise in Category Management, strategic sourcing, supplier relationship management and procurement transformation.

  • Experience developing category strategies and leading complex cross-functional initiatives.

  • Strong commercial acumen with demonstrated success delivering measurable business value.

  • Ability to influence executive stakeholders and build partnerships across diverse business functions.

  • Strong analytical capabilities with experience utilizing spend analytics, market intelligence, and performance metrics.

  • Experience establishing governance frameworks, operating models, and organizational capabilities.

  • Strong negotiation and executive communication skills.

  • Ability to simplify complex procurement concepts into actionable business recommendations.

  • Proven leadership capability with a demonstrated ability to build teams, develop talent, and lead organizational change.

  • Strategic mindset with the ability to balance long-term vision and near-term execution.

  • Strong understanding of supplier risk, regulatory expectations, and operational resiliency considerations.
     

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Skills Required

  • Minimum 15 years of experience in procurement, strategic sourcing, category management, supply management, consulting, or related disciplines
  • Minimum 10 years of leadership experience managing teams and enterprise-wide initiatives
  • Bachelor's degree
  • MBA, Master's degree, CPSM, CPSD, CSP, or equivalent professional certification
  • Experience designing or leading Category Management organizations, procurement transformations, or large-scale sourcing programs
  • Financial services industry experience
  • Deep expertise in category management, strategic sourcing, supplier relationship management, and procurement transformation
  • Experience developing category strategies and leading complex cross-functional initiatives
  • Strong commercial acumen with demonstrated success delivering measurable business value
  • Ability to influence executive stakeholders and build partnerships across diverse business functions
  • Strong analytical capabilities using spend analytics, market intelligence, and performance metrics
  • Experience establishing governance frameworks, operating models, and organizational capabilities
  • Strong negotiation and executive communication skills
  • Proven ability to build teams, develop talent, and lead organizational change
  • Understanding of supplier risk, regulatory expectations, and operational resilience

The Depository Trust & Clearing Corporation (DTCC) Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Depository Trust & Clearing Corporation (DTCC) and has not been reviewed or approved by The Depository Trust & Clearing Corporation (DTCC).

  • Healthcare Strength — Medical, dental, and vision coverage are comprehensive and include mental health support, in-network preventive care, and company-supported HSA/FSA options. Company HSA contributions plus life, AD&D, and disability coverage further reinforce depth of protection.
  • Retirement Support — A 401(k) with company matching and references to pension-related benefits provide meaningful long-term savings support. Charitable contribution matching and financial-planning resources complement the core retirement offerings.
  • Parental & Family Support — Generous parental leave, adoption assistance, childcare benefits, and dependent care FSAs indicate strong support for families. Back-up care and specialized family health programs are highlighted as part of the package.

The Depository Trust & Clearing Corporation (DTCC) Insights

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The Company
HQ: Jersey City, NJ
5,075 Employees
Year Founded: 1973

What We Do

With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 21 locations around the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2021, DTCC’s subsidiaries processed securities transactions valued at nearly U.S. $2.4 quadrillion. Its depository provides custody and asset servicing for securities issues from 177 countries and territories valued at U.S. $87.1 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes 16 billion messages annually. To learn more, please visit us at www.dtcc.com.

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