Indirect Sourcing Manager - Director - Human Capital Mgmt & Corp Svcs
Profile Description
We're seeking candidates to join our Global Supplier Services team within Corporate Services as an Indirect Sourcing Manager who will be responsible for managing Indirect sourcing activities. Commodities include Professional Services, Benefits, Marketing, Construction & Facilities Management
Corporate & Enterprise Services
In the Corporate & Enterprise Services division, we provide solutions that enable Morgan Stanley's workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients
Sourcing / Procurement
This is aDirector position within Sourcing / Procurement, which is responsible for procurement (e.g., purchasing and supply chain activities), as well as vendor management (e.g., business requirements gathering, sourcing strategy, competitive and market assessments, negotiation, contracting, and relationships associated with outsourced services).
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 for those who show passion and grit in their work.
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 Indirect sourcing positions. Able to demonstrate subject matter expertise in at least one or more commodity areas:
- Experience in Professional Services Commodity, including drafting complex Statements of Work, or
- Experience in the execution of large and complex Benefits Agreements, Learning and Development Commodity, and/or Marketing and Business Development Sourcing, or
- Experience in Security Services, Design and Construction, Amenities and Move Management, with demonstrated thought leadership in designated categories.
•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
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. Our 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.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.