Vice President, Procurement Operations

Morgan-Stanley; Dallas (TX); Hybrid; USD 180,000 - 320,000; Full time

Job summary

Morgan Stanley seeks a Vice President of Procurement Operations to lead the firmwide Purchase-to-Order function responsible for over $5B in annual procurement and to shape the operating model for 70k+ colleagues. You will own end-to-end procurement execution, governance, and risk, partnering with Technology, Finance, Risk, Legal, and Compliance to deliver secure and scalable procurement at scale.

You'll define the catalog, drive standardization, and manage supplier engagements while building a

Qualifications

• 10+ years of leadership in procurement or operations within large, regulated firms.
• Enterprise-scale Purchase-to-Order ownership with responsibility for execution and risk.
• Experience with GEP, SAP Ariba, or Coupa including catalog management and compliance.
• Governance and control expertise with SOX, OCC, FRB, or equivalent.
• Executive stakeholder leadership and cross-functional collaboration.

Responsibilities

• Own firmwide Purchase-to-Order operations with end-to-end accountability.
• Translate technology strategy into scalable procurement execution aligned with standards and regulation.
• Define and govern the procurement catalog to drive standardization and compliant purchasing.
• Own procurement governance, risk, and controls, including audits and regulatory engagements.
• Partner with Technology, Finance, Risk, Legal, and Compliance leaders to shape the operating model.
• Lead, develop, and scale procurement teams, including oversight of offshore/BPO resources.

Skills

Procurement leadership

Stakeholder influence

Regulatory compliance

Risk management

Strategic thinking

Tools

GEP

SAP Ariba

Coupa

Job description

We're seeking someone to join our team as a Vice President of Procurement Operations and lead the firmwide Purchase-to-Order operation which powers $5B+ in annual procurement and shape the operating model that determines how 70K+ colleagues access the goods and services they need to serve our clients.The individual will exercise real decision authority, shape procurement strategy, and be the final escalation point for high-visibility transactions across the firm. You will act as the firmwide owner of Purchase-to-Order operations, driving end-to-end execution, governance, and risk outcomes across Morgan Stanley, partnering with Technology, Finance, Risk, Legal, and Compliance to deliver secure, compliant, and scalable procurement at scale.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.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:- Serve as the firmwide owner of Purchase-to-Order operations, with end-to-end accountability for procurement execution, demand intake governance, prioritization, and escalation.- Translate firmwide Technology strategy into scalable procurement execution, aligning demand, sourcing frameworks, and supplier engagement with architecture standards, financial discipline, and regulatory expectations.- Define and govern the procurement catalog as a strategic control point, driving standardization, preferred-supplier adoption, negotiated pricing, and compliant purchasing behavior at scale.- Own procurement governance, risk, and controls - proactively identifying and mitigating operational, supplier, and compliance risks while leading audit, risk assessment, and regulatory engagements.- Act as a senior partner to Technology, Finance, Risk, Legal, and Compliance leaders, influencing firmwide decisions on procurement strategy, vendor engagement, and operating model design.- Lead, develop, and scale high-performing procurement teams, setting a culture of accountability, operational excellence, and continuous improvement - and serving as the final escalation authority.What you'll bring to the role:- 10+ years of progressive leadership experience in procurement, supply chain, or operational roles within large, complex, and highly regulated organizations (financial services strongly preferred).- Demonstrated ownership of enterprise-scale Purchase-to-Order or procurement operations supporting $500M+ in annual spend, with clear accountability for execution, outcomes, and risk.- Strong experience with enterprise procurement platforms (GEP strongly preferred; SAP Ariba, or Coupa also valued), including catalog management, contract compliance, and workflow configuration.- Deep experience managing technology-related spend, including software, SaaS, cloud, hardware, telecom, and professional services - with a strong understanding of licensing models, renewal cycles, and vendor dynamics.- Strong governance, risk, and control expertise, with hands-on experience operating under regulatory, audit, and financial control frameworks (SOX, OCC, FRB, or equivalent).- Executive-level stakeholder leadership skills, with a proven ability to influence senior Technology and business leaders, make independent risk-balanced decisions, and earn credibility across the enterprise.- A track record of translating strategy into operational results - leveraging demand management, standardization, and metrics to drive efficiency, compliance, and adoption at scale.- Experience leading and developing teams of 20+ professionals, including oversight of offshore and/or BPO resources, with a demonstrated ability to build accountability culture and develop talent.The position’s work location will be 1445 Ross Ave, Dallas, TX 75202 at a future date. The role may begin remotely until the office location becomes available. In-Person interviews will be required for the role.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 .