Sourcing Manager, Director, Sourcing / Procurement

131 Morgan Stanley Advantage Svcs

India

On-site

INR 4,000,000 - 7,000,000

Full time

3 days ago
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Job summary

Morgan Stanley is seeking a Sourcing Manager at director level to lead Non-IT sourcing for global operations, driving cost efficiency and robust vendor management across HR, Travel, and Marketing categories.

The role requires 4-6 years in strategic sourcing within a global firm, a BA/BS in Business or Finance, strong negotiation and financial analysis, and experience with Ariba. You will collaborate with Legal, Compliance, Finance, and Tax to ensure contract and policy compliance.

Qualifications

  • 4-6 years' experience in strategic sourcing and contract negotiation within a global organization.
  • Bachelor's degree in Business, Finance, or related field.
  • Proven success in sourcing for North America, EMEA or Asia 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.

Responsibilities

  • Lead sourcing activities for Non-IT categories (HR, Travel, Marketing).
  • 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 contractual, regulatory, and policy compliance.
  • Produce regular activity and savings reports for management and maintain project documentation.

Skills

Strategic sourcing
Contract negotiation
Vendor management
Excel proficiency

Education

Bachelor's degree in Business/Finance

Tools

Ariba (Procurement and Sourcing)

Job description

We’re seeking someone to join our team as a Sourcing Manager to lead Non-IT 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 Morgan Stanley.

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 categories (HR, Travel, Marketing)
  • 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 contractual, regulatory, and policy compliance.
  • Produce regular activity and savings reports for management and maintain project documentation
What you bring to the role:
  • 4-6 years' experience in strategic sourcing and contract negotiation within a global organization
  • Bachelor's degree in Business, Finance, or related field
  • Proven success in sourcing for North America, EMEA or Asia 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
What You Can Expect From Morgan Stanley:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that's differentiated – and we've done that for 90 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.

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