Global Procurement Director: Strategic Sourcing & Negotiations

Morningstar

Illinois

On-site

USD 166,000 - 254,000

Full time

14 days+

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Benefits offered by this job

401k match
Stock ownership potential
Life insurance
Health benefits
Wellness incentives
Disability insurance
Sabbatical program
Family leave
Parental leave
Adoption assistance
Coaching & mentorship
Flex stipend
Tuition reimbursement
Volunteer program
Employee resource groups

Job summary

Morningstar in Illinois seeks a Director of Procurement to drive enterprise-wide strategy, lead strategic sourcing, and negotiate key supplier contracts.

Reporting to the Head of Global Procurement, you will build consensus across HR, Finance, and Legal, and guide a high-performing team to deliver measurable value.

This role requires data-driven insights, global spend leadership, and the ability to translate stakeholder objectives into category strategies.

Qualifications

  • Bachelor's degree required; MBA or JD preferred.
  • 10+ years of progressive strategic sourcing or commercial leadership experience managing Corporate Services / Professional Services spend.
  • 8+ years of team leadership experience.
  • Strong negotiation experience with Master Agreements, Statements of Work and Change Orders.
  • Experience leading global strategic sourcing initiatives in a fast-paced enterprise.

Responsibilities

  • Own category strategy and contract negotiations across Professional Services, Travel, Contingent Workforce, and Workplace Facilities/CapEx.
  • Design data-driven sourcing strategies balancing cost, speed, quality and innovation.
  • Lead supplier evaluations, negotiations, and end-to-end contract management.
  • Negotiate complex global agreements focused on total value, budgetary savings and favorable terms.
  • Use analytics and automation to improve visibility and decision speed.
  • Prepare RFQs, RFPs, bids and evaluate proposals.
  • Serve as trusted advisor to senior leaders across HR, Finance, and Legal.
  • Align sourcing strategies to enterprise goals for growth and margin.
  • Develop and mentor category management teams; improve processes and mitigate supplier risk.
  • Define improvements to increase engagement, reduce cycle time and drive efficiency.

Job description

Morningstar in Illinois seeks a Director of Procurement to drive enterprise-wide strategy, lead strategic sourcing, and negotiate key supplier contracts.

Reporting to the Head of Global Procurement, you will build consensus across HR, Finance, and Legal, and guide a high-performing team to deliver measurable value.

This role requires data-driven insights, global spend leadership, and the ability to translate stakeholder objectives into category strategies.

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