If the container is standing in water, you'll have just moved the problem upwards. The pot won't drain, and the rose will be greatly handicapped.
If you HAVE to do it this way, I'd recommend some large concrete blocks stacked to raise the bottom of the pot above water level.
Two other considerations, though . . .
1. How "large" is the "large" container you're thinking of?
and
2. How many drainage holes will the pot have? (Clue: The more, the better.)
I have several roses (and other things) growing in truly large pots. For the most part, they're doing OK -- but they will probably never reach their full potential in that sort of situation. (But, of course, you do what you have to do.)Th
This pot is about 2.5 ft. tall. The rose in it is "De la Vina Mystery", which can be considerably larger than shown here, were it's feet not pinched: