Director, Senior Category Manager - Financial Services Operations job opportunity at Prudential Financial.

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DatePosted 15 Days Ago bot
Prudential Financial Director, Senior Category Manager - Financial Services Operations
Experience: 10-years
Pattern: full-time
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Senior Category Manager - Financial Services Operations

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loacation Newark, NJ, USA, United States Of America
loacation Newark, NJ, US..........United States Of America

Job Classification: Corporate - People Team Prudential’s Global Sourcing and Procurement (GSP) organization drives enterprise‑wide value by cultivating strategic supplier partnerships and elevating commercial decision‑making across the business. GSP provides global stakeholders with streamlined access to best‑in‑class products and services, informed by robust business intelligence, deep supply‑market knowledge, and a clear grasp of micro‑ and macroeconomic dynamics. Through efficient, disciplined processes and proactive commercial coaching, GSP empowers stakeholders to make informed, value‑driven decisions that strengthen Prudential’s competitive advantage. Your Team & Role The Director, Senior Category Manager role plays a pivotal role in advancing this mission by leading category initiative teams, shaping value pipelines, coaching business partners, and converting market intelligence into actionable sourcing and negotiation strategies. Operating across a global stakeholder and supplier landscape, this role ensures consistent execution of the Category Management framework, adoption of preferred buying channels, and delivery of measurable, Finance-validated value. Categories of spend in scope include but are not limited to Asset Management Operations (e.g., Custody, Transfer Agencies), Investment Fees, Banking Services, Insurances, Data (e.g., Market and Alternative Data), Trading Platforms. Key Responsibilities Lead a category initiative teams to deliver year‑over‑year value and set savings targets (cost reductions, cost avoidance, and/or revenue opportunities) in alignment with Finance‑validated baselines and auditable governance. Curate and maintain Category Cards, preferred supplier routes, and Buying Channel rules by partnering with Systems & Analytics teams for updates, guided‑buying configurations, dashboards, and global adoption mechanisms. Prioritize initiatives within the category pipeline, ensuring accuracy of baselines, milestone tracking, and variance commentary, ensuring clarity for dashboards and reviews. Guide team members through opportunity assessment, RFx preparation, negotiation support, and supplier evaluation. Serve as a trusted advisor to business partners, providing guidance on channel selection, specification choices, negotiation preparation, and savings definitions. Translate complex market dynamics, internal requirements, and supplier insights into clear, value‑focused recommendations. Conceive new and pursue supplier‑led innovation opportunities (e.g., process redesign and automation, alternative specifications, sustainability solutions) to improve cost, quality, resilience, and speed. Synthesize market data and benchmarks (e.g. indices, should-cost models, vendor peer comparisons, external insights, total cost of ownership (TCO) insights) to support robust business cases and sourcing strategies. Leverage AI tools to enhance category execution, and promote the adoption of AI‑enabled workflows within the category squad and cross‑functional partners. Coordinate sourcing, negotiation, contracting, and initiative execution activities with regional teams in the US, Japan, Ireland, India, and other markets. Align category initiatives with organizational priorities, stakeholder needs, procurement policy, and risk/compliance requirements. Qualifications Bachelor’s degree in business, supply chain, finance, operations, economics, or a related field.  7-10 years of experience in procurement, category management, sourcing, or supplier management. Demonstrated experience influencing stakeholders, guiding sourcing decisions, and delivering measurable value. Experience synthesizing benchmarks, supplier data, and market intelligence into sourcing strategies. Exposure to or familiarity with procurement technologies (e.g., sourcing platforms, CLM systems) and AI‑enabled sourcing tools. Professional certifications preferred (e.g. MCIPS, CPSM, CPM). Skills and Competencies Stakeholder Partnership: Builds trust with business partners and guides them toward value‑focused, compliant sourcing decisions. Clear Communication: Translates procurement, market, and financial insights into straightforward, actionable guidance. Analytical Rigor: Interprets benchmarks, spend data, and category metrics to inform sound commercial decisions. Relationship-Building : Forges strong internal and supplier partnerships. Cross‑Regional Collaboration: Works effectively with teams across multiple geographies to ensure consistent category execution. Commercial & Market Awareness: Applies understanding of supplier markets, cost drivers, and negotiation levers to strengthen outcomes. Change Agility: Adapts quickly to evolving tools, processes, and priorities, encouraging others to adopt improved ways of working. You’ll Love Working Here Because You Can Join a team and culture where your voice matters; where every day, your work transforms our experiences to make lives better. As you put your skills to use, we’ll help you make an even bigger impact with learning experiences that can grow your technical AND leadership capabilities. You’ll be surprised by what this rock-solid organization has in store for you. What we offer you: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $147,100.00 to $220,700.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Market competitive base salaries, with a yearly bonus potential at every level .   Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave .   401(k) plan with company match (up to 4%).   Company-funded pension plan.   Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.   Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.    Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.    Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.   Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.    Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.   Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.   If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com .     If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance .

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