We're seeking someone to join our Global Supplier Services team within Corporate Services as a Sourcing Manager who will be responsible for managing a portfolio of Technology and/or Data supplier relationships across our global Technology and Operations organizations.
In the Corporate Services division, we provide solutions that enable Morgan Stanley's workforce, across our global workplace locations, to effectively support and deliver value to our business clients. The Sourcing Manager is a Director position within Firmwide Sourcing. The Sourcing Manager is responsible for all elements of the Source to Contract process, including business demand management, supplier management, competitive bidding, sourcing project management, negotiations, and contracting.
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Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.
At Morgan Stanley India, we support the Firm's global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm's infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there's ample opportunity to move across the businesses.
Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...
What you'll do in the role:
- Facilitate new supplier engagements and service/product renewals with a focus on the assigned category and strategic suppliers
Serve as a trusted advisor to business stakeholders and work collaboratively with technology colleagues
- Develop sound sourcing and commodity strategies that drive business value and mitigate risk
Maximize commercial impact through use of competitive bids and benchmarking/advisory
Analyze supplier proposals and negotiate best in class contract terms and value proposition
Work cross-functionally Finance, Legal and Compliance to draft and execute contracts
- Complete documentation and system requirements as required to enable the Source to Pay process
What you'll bring to the role:
- Bachelor's degree
- At least 6 years relevant experience in Technology and/or Data sourcing positions. Able to demonstrate subject matter expertise in at least one or more commodity areas:
- Experience in Technology Sourcing. Specific and demonstrated experience with Software, Cloud, Hardware and/or Infrastructure commodities:
- Comprehensive knowledge of license delivery models, metrics, and complex As A Service Agreements.
- Must demonstrate ability to negotiate complex technology agreements, craft and negotiate meaningful Service Level Agreements, OR
- Experience in sourcing Market Data. Demonstrated knowledge of Market Data products, content, and functionality.
- Specific experience with Stock Exchanges and/or Market Indices a plus.
- Strong understanding of Market Data license models, compliance issues, and intellectual property rights to optimize data strategies and usage across the Firm.
- Commercial negotiation and influencing skills to drive savings and deliver value to stakeholders
Experience in contract interpretation, analysis and drafting across Master and Sub-Agreements
- Strong Sourcing skills and the ability to execute across all elements of the Source to Manage lifecycle.
- Outstanding interpersonal skills, including the ability to develop and nurture both business and supplier relationships.
- Additionally, the successful candidate must:
- Be highly motivated, proactive, and take ownership of tasks and projects
- Have strong written and verbal communications skills
- Demonstrate proficiency in the Microsoft Office suite of products
- Have experience using procurement tools such as Ariba
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
We're committed to bringing passion and customer focus to the business.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.