Indirect Sourcing Manager (Hybrid)

Morgan Stanley
Montreal
CAD 80,000 - 100,000
Job description

Indirect Sourcing Manager (Hybrid)

Job Number: 3258823

Posting Date: Sep 19, 2024

Primary Location: Americas-Canada-Quebec-Montreal

Education Level: Bachelor's Degree

Job: Other

Employment Type: Full Time

Job Level: Director

Description

We're seeking candidates to join our Global Supplier Services team within Corporate Services as an Indirect Sourcing Manager who will be responsible for managing Indirect sourcing activities. Commodities include Professional Services, Benefits, Marketing, Construction & Facilities Management.

This is a Director 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).

What you’ll do in the role:

  1. Facilitate new supplier engagements and service/product renewals with a focus on the assigned category and strategic suppliers
  2. Serve as a trusted advisor to business stakeholders and work collaboratively with technology colleagues
  3. Develop sound sourcing and commodity strategies that drive business value and mitigate risk
  4. Maximize commercial impact through the use of competitive bids and benchmarking/advisory
  5. Analyze supplier proposals and negotiate best-in-class contract terms and value proposition
  6. Work cross-functionally with Finance, Legal, and Compliance to draft and execute contracts
  7. Complete documentation and system requirements as required to enable the Source to Pay process

Qualifications

What you’ll bring to the role:

  1. Bachelor's degree
  2. At least 6 years relevant experience in Indirect sourcing positions. Able to demonstrate subject matter expertise in at least one or more commodity areas:
    1. Experience in Professional Services Commodity, including drafting complex Statements of Work, OR
    2. Experience in the execution of large and complex Benefits Agreements, Learning and Development Commodity, and/or Marketing and Business Development Sourcing, OR
    3. Experience in Security Services, Design and Construction, Amenities and Move Management, with demonstrated thought leadership in designated categories.
  3. Commercial negotiation and influencing skills to drive savings and deliver value to stakeholders
  4. Experience in contract interpretation, analysis, and drafting across Master and Sub-Agreements
  5. Strong Sourcing skills and the ability to execute across all elements of the Source to Manage lifecycle.
  6. Outstanding interpersonal skills, including the ability to develop and nurture both business and supplier relationships

Additionally, the successful candidate must:

  • Be highly motivated, proactive, and take ownership of tasks and projects
  • Have strong written and verbal communications skills
  • Demonstrate proficiency in the Microsoft Office suite of products
  • Have experience using procurement tools such as Ariba

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 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect, and cross-collaboration.

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. Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. 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.

Build a career with impact. Visit morganstanley.com for more information.

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