Sourcing Manager, Director, Sourcing/Procurement at Morgan Stanley

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

05 Apr, 26

Salary

0.0

Posted On

06 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing, Vendor Management, Negotiation, Contract Management, Financial Analysis, Communication, RFP Management, Stakeholder Liaison, Excel Proficiency, Procurement, Market Assessments, Competitive Analysis, HR Categories, Learning & Development, Recruitment, Benefits

Industry

Financial Services

Description

We're seeking someone to join our team as a Sourcing Manager, Non-IT (HR Category to lead HR-related sourcing initiatives, ensuring best-in-class vendor management and cost efficiency for Morgan Stanley's global operations. In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business. This is a Director level position within the 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). Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you'll do in the role: Lead sourcing activities for Non-IT HR categories (Learning & Development, Recruitment, Benefits) Manage the full RFP lifecycle: documentation, evaluation, bidder reviews, negotiations Develop and execute sourcing strategies and commercial negotiations with vendors Oversee contract preparation, award, administration, and vendor management Liaise with internal stakeholders (Legal, Compliance, Finance, Tax) to ensure contract Produce regular activity and savings reports for management and maintain project documentation What you'll bring to the role: Bachelor’s degree with 5+ years of relevant experience in business, Finance, or related field Proven success in sourcing for North America and EMEA regions Excellent verbal, written, and interpersonal communication skills Strong negotiation and financial analysis skills (including Excel proficiency) Experience with Ariba (Procurement and Sourcing) and ability to work in a fast-paced environment At least 4 years' relevant experience would generally be expected to find the skills required for this role 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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. 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.

Responsibilities

Lead sourcing activities for Non-IT HR categories and manage the full RFP lifecycle. Develop sourcing strategies and oversee vendor management and contract administration.