Morgan Stanley

Vice President- Market Data Senior Sourcing Specialist (Corporate Service)

Posted On

March 26, 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 team as a Market Data Senior Sourcing Specialist to drive strategic value for the firm by expertly managing vendor relationships, negotiating contracts, and synthesizing key data strategies, all while leading innovative projects to enhance business operations and collaboration across teams.

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. This is an Vice President level position within GSS, the Global Market Data group includes Market Data Sourcing, Analyst, Administration, and Inventory Management teams. The Market Data Sourcing team manages the Firm's global procurement relationships with providers of market data content and services while partnering with Analysts and business units to evaluate, and understand business market data requirements, to identify the data sources and vendor products needed to execute the business, and to influence and advise on best-fit solutions. Key functions of the Market Data Sourcing role include Strategic data provider relationship management, advisor to business units and Market Data Analysts, analysis of BU requirements and consumption drivers and development, negotiation and execution of data agreements

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:

Managing the relationship with data vendors and acting as their primary sourcing contact for the firm.
Negotiating all renewals and new agreements, as well as managing the full contractual lifecycle to standard firm guidelines
Working with data providers, technology colleagues and internal business clients, on all levels, to understand and synthesize key data strategies across those areas and drive value for the firm.
Developing and maintaining expertise in each managed vendor to formulate strategic recommendations.
Applying data, vendor and industry knowledge to enhance the way the firm does business with the providers.
Managing strategic direction for product demonstrations, pilots, competitive displacement opportunities
Collaborating with the Legal, Finance and Business Management functions to address all contractual, commercial, compliance and other relationship issues as they arise.
Leading efforts on various special projects often driven by organizational and/or strategic changes.
This role requires that all successful applicants be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccinations within 3 days of commencement of employment.
Job requires a minimum of 3 days a week in the office

What you'll bring to the role:

Candidate must have business level of English language skills in both verbal and written communication.
Candidate should have financial services work experience with a proven track record of managing key supplier engagements and a broad range of diverse consumer relationships. J.D. Degree with focus on contracts, intellectual property a plus
Experience in negotiating complex agreements with a strong understanding of data usage compliance issues and intellectual property rights.
Intellectually curious, articulate, detail oriented, proactive, assertive, and excellent communication (verbal and written) and interpersonal skills
Ability to communicate market data strategies and to influence/gain buy-in for the ideas
Strong project management, organizational and facilitation skills, with a detailed knowledge of Excel and Powerpoint. Some knowledge of Access is a plus..
Self-sufficient team player and flexible to changing priorities
Experience using Ariba (Sourcing Project) system and/or FITS-Market Data Inventory system desirable

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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