IT Software Sourcing Manager (Hybrid)

Morgan Stanley; Montreal; Hybrid; CAD 85,000 - 125,000; Full time

Job summary

Morgan Stanley is seeking an IT Software Sourcing Manager to oversee software supplier relationships in a hybrid role. This position involves developing sourcing strategies and managing supplier contracts in a collaborative environment. Ideal candidates will have substantial experience in software sourcing, strong negotiation skills, and a background in technology or business. Join a global leader committed to innovation and excellence in financial services, with significant opportunities for career growth.

Benefits

Comprehensive employee benefits

Hybrid work environment

Supportive and inclusive workplace

Qualifications

• Minimum of 4 years in software sourcing roles.
• Strong commercial negotiation skills.
• Experience with complex software transactions.

Responsibilities

• Manage portfolio of software supplier relationships.
• Collaborate on sourcing strategies and cost savings.
• Facilitate new supplier onboards and renewals.

Skills

Negotiation

Supplier Management

Project Management

Financial Analysis

Cross-functional Collaboration

Education

Bachelor’s degree in Business or Technology

Job description

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We’re seeking someone to join our Global Supplier Services team within Corporate Services as an IT Software Sourcing Manager who will be responsible for managing a portfolio of software supplier relationships across our global technology infrastructure organization.

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 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).

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.

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

• Act as a “quarterback” to facilitate both new supplier onboards and renewals with a primary focus on the Cyber software category.
• Serve as a trusted advisor to technology stakeholders and work collaboratively across multiple levels and geographies to develop sound sourcing strategies that drive baseline reductions and cost avoidance as well as mitigate risk.
• Leverage all tools and resources available, including but not limited to developing and conducting competitive bids and leveraging benchmarking/advisory companies, to create value and impact.
• Create, present, and defend sound financial analysis and interpretation of supplier proposals to stakeholders as well as Sourcing Leadership
• Work cross-functionally with Software Asset Management; Legal and Compliance; Third Party Program Management; and Finance on deal analysis and preparation, contract drafting and execution, funding and budgets.
• Fulfill a variety of administrative requirements including but not limited to preparing supporting documentation for sourcing projects, conducting various due diligence tasks to enable contract execution, preparing purchase order requests and facilitating resolution of payment disputes
  
  

What You’ll Bring To The Role

• At least 4 years relevant experience in software sourcing positions of increasing responsibility with a Bachelor’s degree, preferably in Business or Technology
• Knowledge of software license delivery models and metrics across all platforms
• Experience in execution of complex software transactions.
• Commercial negotiation and influencing skills to drive savings and deliver value to stakeholders.
• Experience in contract interpretation, analysis and drafting across Master Agreements, Software Schedules, Trial Agreements, and Non-Disclosure Agreements
• Experience working collaboratively and cross-functionally on competitive bids, deal negotiation, and contract execution processes.
  
  

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.

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

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Purchasing and Supply Chain

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