Firmwide Sourcing Lead (Hybrid)
Job Description
Description
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We’re seeking someone to join our team as a Firmwide Sourcing Lead to be responsible for managing Indirect sourcing activities. Commodities include Travel, Professional Services, Benefits, Marketing, Construction & Facilities Management.
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 Vice President level 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.
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
- 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 the execution of large and complex travel agreements , 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.
- Have experience using procurement tools such as Ariba or Coupa
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.
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.
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.
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Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.
Seniority level
-
Seniority level
Executive
Employment type
-
Employment type
Full-time
Job function
-
Job function
Purchasing and Supply Chain
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Company
Morgan Stanley
Location
Montreal
Country
Canada
Salary
100.000
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