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 storage and asset disposal supplier relationships within our global technology infrastructure organization.

In the Corporate Services division, we provide solutions that enable Morgan Stanley’s workforce, across our global workplace locations, to work in the service of our clients effectively and efficiently. This is a Director 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).Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Morgan Stanley Budapest is an integral part of the Firm’s global critical business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area’s highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firm’s capabilities in quantitative analysis, data analysis, and risk management. We are relentless collaborators and creative thinkers, fueled by our diverse backgrounds and experiences. We believe in empowering individuals to advance their careers through exposure to innovation, hands-on collaboration and enriching learning and development opportunities.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you’ll do in the role:

• Act as a “quarterback” to facilitate both new supplier onboards and renewals with a primary focus on the storage and asset disposal categories including suppliers such as NetApp, Dell, Pure, TES-AMM, and Iron Mountain.
• Serve as a trusted advisor to technology stakeholders and work collaboratively across multiple levels and geographies to develop sound sourcing strategies that drive baseline reductions and cost avoidance as well as mitigate risk
• Leverage all tools and resources available, including but not limited to developing and conducting competitive bids and leveraging benchmarking/advisory companies, to create value and impact
• Create, present, and defend sound financial analysis and interpretation of supplier proposals to stakeholders as well as Sourcing Leadership
• Work cross-functionally with Legal and Compliance; Third Party Program Management; and Finance on deal analysis and preparation, contract drafting and execution, funding and budgets #LI-MB1
• Fulfill a variety of administrative requirements including but not limited to preparing supporting documentation for sourcing projects, conducting various due diligence tasks to enable contract execution, preparing purchase order requests and facilitating resolution of payment disputes

What you’ll bring to the role:

• Bachelor’s degree, preferably in Business or Technology
• Minimum of 5-8 years relevant experience in hardware sourcing positions of increasing responsibility
• Knowledge of storage platform, technology, and metrics
• Experience in execution of complex storage transactions such as enterprise license and maintenance and support agreements in support of storage hardware. Example – NetApp Enterprise License and Support Services framework.
• Commercial negotiation and influencing skills to drive savings and deliver value to stakeholders
• Experience in contract interpretation, analysis and drafting across Master Agreements, Schedules, Trial Agreements, and Non-Disclosure Agreements
• Experience working collaboratively and cross-functionally on RFx, deal negotiation, and contract execution processes
• Experience in vendor management

Additionally, the successful candidate must:

• Be highly motivated, proactive, and take ownership of tasks and projects
• Have strong written and verbal communications skills so that information and data are presented clearly, objectively, and concisely to multiple levels at the Firm
• Demonstrate proficiency in the Microsoft Office suite of products to facilitate deal preparation and communication to stakeholders and Sourcing leadership
• Have experience using procurement tools such as Ariba #LI-MB1

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.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.

Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest:

Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.