About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Major Duties :
- The senior category manager leads complex, end-to-end sourcing initiatives for telecommunications, network, and infrastructure. This strategic role involves vendor negotiations, contract management, and cost optimization to drive savings. Collaborate with internal teams to align technology needs with vendor capabilities, ensuring high-quality performance.
- Develops, implements, and communicates an overall category strategy to meet both the Business Unit's and Corporation's strategic plan. Responsible for development of sourcing strategy and performing category analytics.
- Develops best-in-class procurement practices enterprise-wide, including effective category sourcing and overall procurement strategies; processes and infrastructure to effectively manage procurement activities across all assigned spending categories; sustainable purchasing methods; and programs to ensure a diverse supplier base including minority, small, women and disadvantaged businesses.
- Leads and manages RFx (e.g. Request for Proposal, Request for Information, Request for Quote) process, including project management, development of RFx, negotiations and award process.
- Responsible for contract review, drafting and creation of various agreements, including NDAs, Master Agreements, Statements of Work, etc. and leading all aspects of contract & price negotiations and ongoing contract administration.
- Responsible for end-to-end procurement processes and procedures.
- Supports and monitors supplier adherence to contracts, manage suppliers via supplier activity reporting, escalations, and business/performance reviews, support and conduct supplier scorecards, supplier rationalization, and demand management opportunities.
- Manages and supports regulatory and compliance requirements (e.g. OFAC, FCPA, DORA, Spend Analysis, Client Relationships).
- Manages reporting of Procurement performance metrics and provides ongoing support for internal and external audit requests.
- Management of supplier fitness, including analyzing overall business and financial performance of potential and existing suppliers.
- Establish and maintain relationship with key partners, education on policy/guidelines and resolving related purchasing issues.
- Utilize and maintain Contract Management System (Coupa) along with other supporting systems such as Zip, etc.
- Interacts with business and partners to formulate and implement strategy and solutions to enhance existing services, create new services or improve processes. Identifies impact of changes and processes; facilitates acceptance of change through training and communication. Provides ongoing support for the solution.
Knowledge :
- Must have Telecom, Network and Infrastructure knowledge and experience.
- Must be able to multi-task, work independently, and make decisions.
- Excellent verbal and written communication skills are required along with ability to be highly flexible and adaptable to change.
- Excellent understanding of procurement philosophies and strategies along with in-depth knowledge of supply chain management and procurement.
- Leadership and organizational skills are required to develop objectives and goals.
- Proficiency in MS Office Suites with advanced Excel skills. Experience with Coupa, ERP systems/PeopleSoft, Zip is a plus.
- Deep understanding/knowledge of contract terms and conditions and legal impact of different terms.
- Requires in-depth conceptual and practical knowledge in own job discipline and basic knowledge of related job disciplines.
- Applies best practices and how own area integrates with others.
- Explains difficult or sensitive information; works to build consensus.
Experience :
- Bachelor’s degree in business, Supply Chain Management or Finance is preferred.
- Eight or more years’ experience in Sourcing/Procurement and minimum five years in Telecom/Network or an equivalent combination of education and work experience.
- MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation, (e.g. CSCP, CPM) and Financial Industry experience are a strong plus.
- Preferred experience in presenting and communicating with C-Level/senior executives.
- Lead projects with manageable risks and resource requirements.
Salary Range:
$95,600 - 162,400 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected].
We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
Skills Required
- Telecom, network and infrastructure sourcing experience
- Eight or more years' experience in Sourcing/Procurement
- Minimum five years' experience in Telecom/Network
- Experience leading RFx processes and vendor negotiations
- Contract drafting, review and administration (NDAs, Master Agreements, SOWs) and contract negotiation
- Proficiency in MS Office with advanced Excel skills
- Experience with Coupa, ERP systems/PeopleSoft, Zip
- Deep understanding of contract terms and legal impacts
- Knowledge of procurement philosophies, supply chain management and regulatory compliance (e.g., OFAC, FCPA, DORA)
- Excellent verbal and written communication; ability to multi-task and make decisions
- Bachelor's degree in Business, Supply Chain Management, or Finance
- MBA or advanced degree and/or professional procurement designation (CSCP, CPM) and financial industry experience
- Preferred experience presenting to C-level/senior executives
- Experience with supplier performance management, scorecards, spend analysis and supplier rationalization
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
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Retirement Support — Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
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Leave & Time Off Breadth — Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
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Healthcare Strength — Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
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