Morgan Stanley

Director - Global Market Data Sourcing (Corporate Services)

Posted On

March 21, 2025

Location

Bengaluru, Karnataka

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

April 23, 2025

Job Description

We're seeking someone to join our Global Supplier Services team within Corporate Services as a Sourcing Manager who will be responsible for managing a portfolio of Technology and/or Data supplier relationships across our global Technology and Operations organizations.

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. The Sourcing Manager is a Director position within Firmwide Sourcing. The Sourcing Manager is responsible for all elements of the Source to Contract process, including business demand management, supplier management, competitive bidding, sourcing project management, negotiations, and contracting.

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:

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

What you’ll bring to the role:

Bachelor's degree

At least 6 years relevant experience in Technology and/or Data sourcing positions. Able to demonstrate subject matter expertise in at least one or more commodity areas:

Experience in Technology Sourcing. Specific and demonstrated experience with Software, Cloud, Hardware and/or Infrastructure commodities:

Comprehensive knowledge of license delivery models, metrics, and complex As A Service Agreements.

Must demonstrate ability to negotiate complex technology agreements, craft and negotiate meaningful Service Level Agreements, OR

Experience in sourcing Market Data. Demonstrated knowledge of Market Data products, content, and functionality.

Specific experience with Stock Exchanges and/or Market Indices a plus.

Strong understanding of Market Data license models, compliance issues, and intellectual property rights to optimize data strategies and usage across the Firm.

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.

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 Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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