- Full Time
- Mumbai, Maharashtra, India
Morgan Stanley
Associate Sourcing / Procurement
Location : Mumbai, Maharashtra, India
Job Description
Job Number:
3263442
DESCRIPTION
At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses for those who show passion and grit in their work.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
- Facilitate new supplier engagements and service/product renewals with a focus on the assigned category and strategic suppliers
- Serve as a trusted advisor to business stakeholders and work collaboratively with technology colleagues
- Develop sound sourcing and commodity strategies that drive business value and mitigate risk
- Maximize commercial impact through use of competitive bids and benchmarking/advisory
- Analyze supplier proposals and negotiate best in class contract terms and value proposition
- Work cross-functionally Finance, Legal and Compliance to draft and execute contracts
- Complete documentation and system requirements as required to enable the Source to Pay process
QUALIFICATIONS
- Bachelor’s degree
- At least 6 years relevant experience in Indirect sourcing positions. Able to demonstrate subject matter expertise in at least one or more commodity areas:
– Experience in Professional Services Commodity, including drafting complex Statements of Work, or
– Experience in the execution of large and complex Benefits Agreements, Learning and Development Commodity, and/or Marketing and Business Development Sourcing, or
– Experience in Security Services, Design and Construction, Amenities and Move Management, with demonstrated thought leadership in designated categories.
- Commercial negotiation and influencing skills to drive savings and deliver value to stakeholders
- Experience in contract interpretation, analysis and drafting across Master and Sub-Agreements
- Strong Sourcing skills and the ability to execute across all elements of the Source to Manage lifecycle.
- Outstanding interpersonal skills, including the ability to develop and nurture both business and supplier relationships
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