Morgan Stanley

Firmwide Sourcing Category Lead

Morgan Stanley • $110K — $130K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 6+ years of experience in Indirect sourcing
  • Proven experience in Category Management and managing complex RFPs
  • Subject matter expertise in Travel, Printing, and Distribution agreements
  • Strong commercial negotiation and influencing skills
  • Experience in contract interpretation and drafting
  • Proficient in procurement tools like Ariba or Coupa
  • Excellent interpersonal and presentation skills

Responsibilities

  • Serve as a trusted advisor to business stakeholders and collaborate with technology teams
  • Develop sourcing and commodity strategies to drive business value and mitigate risk
  • Maximize commercial impact through competitive bids and benchmarking
  • Facilitate new supplier engagements and renewals focusing on strategic suppliers
  • Analyze supplier proposals and negotiate favorable contract terms
  • Work cross-functionally with Finance, Legal, and Compliance to execute contracts
  • Complete documentation and system requirements for the Source to Pay process

Benefits

  • Opportunity to work in a collaborative Corporate Services division
  • Engagement in strategic sourcing activities that enhance business value
  • Potential for remote work until office location is available
  • In-person interviews to foster team connection
  • Access to professional development opportunities in sourcing and procurement
Full Job Description

We're seeking someone to join our team as a Firmwide Sourcing Lead to be responsible for managing Indirect sourcing activities. Commodities include Travel and Shareholder Materials Printing and Distribution.

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.

What you'll do in the role:
- 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
- Facilitate new supplier engagements and service/product renewals with a focus on the assigned category and strategic suppliers
- 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

What you'll bring to the role:
- Bachelor's degree with at least 6 years relevant experience in Indirect sourcing positions.
- Experience in Category Management and running complex RFPs
- Able to demonstrate subject matter expertise in at least one or more commodity areas:
* Experience in the execution of large and complex Travel, Printing and Distribution Agreements and/or Marketing and Business Development Sourcing, or
* Experience in the execution of large and complex travel agreements , 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.
- Have experience using procurement tools such as Ariba or Coupa
- Excellent interpersonal and presentation skills

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.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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