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Director- Indirect Sourcing Manager

1 month ago


Montreal, Canada Parametricportfolio Full time

Indirect Sourcing Manager - Director - Human Capital Mgmt & Corp Svcs

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 a Director 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).

What you’ll do in the role:

  1. Facilitate new supplier engagements and service/product renewals with a focus on the assigned category and strategic suppliers.
  2. Serve as a trusted advisor to business stakeholders and work collaboratively with technology colleagues.
  3. Develop sound sourcing and commodity strategies that drive business value and mitigate risk.
  4. Maximize commercial impact through use of competitive bids and benchmarking/advisory.
  5. Analyze supplier proposals and negotiate best in class contract terms and value proposition.
  6. Work cross-functionally with Finance, Legal and Compliance to draft and execute contracts.
  7. Complete documentation and system requirements as required to enable the Source to Pay process.

What you’ll bring to the role:

  1. Bachelor's degree.
  2. 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.

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.

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