Sourcing Manager, Director, Sourcing / Procurement at Morgan Stanley

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

17 Mar, 26

Salary

0.0

Posted On

17 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing, Procurement, Negotiation, Vendor Management, Stakeholder Engagement, Financial Analysis, Analytical Skills, Contract Management, Risk Mitigation, Market Assessment, Leadership, Collaboration, Compliance, Multimedia Services, Mobility Services, Microsoft Office

Industry

Financial Services

Description

We're seeking an experienced Director-level Sourcing Manager to support global telecommunications (Telco) sourcing initiatives within the IT Sourcing organization. This role is both tactical and strategic and will be responsible for developing and executing sourcing strategies for Multimedia and Mobility services, ensuring cost optimization, risk mitigation, and alignment with corporate objectives. Strong leadership, stakeholder engagement, and a good level of expertise in Telco procurement within a complex, global environment are essential. 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: Support Multimedia and Mobility sourcing initiatives, including strategy development, RFP management, and contract negotiations for high-value, multi-year agreements Support renewals, leveraging deep market insight and advanced negotiation skills to secure optimal outcomes for the firm. Serve as a trusted advisor to stakeholders, collaborating across geographies and functions to shape sourcing strategies that drive cost efficiencies, risk mitigation, and long-term value creation. Harness analytical tools and benchmarking resources to inform competitive bidding processes and maximize commercial impact. Deliver robust financial analysis and articulate recommendations to executive leadership, supporting data-driven decision-making. Orchestrate cross-functional collaboration with Legal & Compliance, Third Party Program Management, and Finance to ensure seamless deal execution and contract governance. Uphold rigorous compliance standards, overseeing documentation, due diligence, and system requirements to support enterprise sourcing policies. Champion innovation and transformation within the sourcing function, proactively identifying opportunities to enhance processes and elevate service delivery What you'll bring to the role: Minimum 5 years' sourcing experience, with proven expertise across technology commodities such as Multimedia and Mobility services. Bachelor's degree or equivalent advanced degree Comprehensive knowledge of and experience with interpreting, analyzing and drafting multiple types of agreements (e.g. NDAs, trials, masters, schedules) across different delivery models (e.g. on-premise, cloud) Strong negotiation and influencing skills that drive savings and deliver value to stakeholders Strategic thinking and ability to execute in a complex global environment. Strong analytical and financial acumen. Outstanding interpersonal skills, including the ability to develop and nurture both business and supplier relationships and interface at multiple levels Written and spoken proficiency in English. 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 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

The role involves developing and executing sourcing strategies for Multimedia and Mobility services, including RFP management and contract negotiations. The Sourcing Manager will also collaborate with various stakeholders to drive cost efficiencies and ensure compliance with sourcing policies.