Technology/Data Sourcing Manager (Hybrid)

at  Morgan Stanley

Technology/Data Sourcing Manager (Hybrid)
Job Number:

3258825
POSTING DATE: Sep 19, 2024
PRIMARY LOCATION: Americas-Canada-Quebec-Montreal
EDUCATION LEVEL: Bachelor’s Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Director

DESCRIPTION

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 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 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 Montreal, we support the Firm’s global businesses and infrastructure with cutting edge technology and innovation. The multi-faceted and highly technical Montreal team plays a critical role in building and maintaining our leading technology platform, including electronic trading, algorithm trading, cloud engineering, infrastructure, cybersecurity and AI/ML. Morgan Stanley has been rooted in the Montreal community since 2008 and is considered a leading employer among the area’s highly skilled technology talent. 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

QUALIFICATIONS

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:

o Comprehensive knowledge of license delivery models, metrics, and complex As A Service Agreements.

o 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.

o Specific experience with Stock Exchanges and/or Market Indices a plus.

o 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. 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 maximize their full potential.
All our positions are located in Montreal, Quebec. We offer a hybrid work environment, combining remote work and attendance in the office.
Knowledge of French and English is required.
Build a career with impact. Visit morganstanley.com for more information

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 proces

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