Procurement Manager at Morgan Stanley, Boston, Massachusetts
Job Description
Company Overview:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management, and investment management services. With offices in more than 41 countries and over 60,000 employees worldwide, we are dedicated to delivering the finest financial products and services to our clients.
Key Responsibilities for Procurement Manager:
- Develop and implement strategic sourcing strategies to optimize procurement processes and achieve cost savings
- Collaborate with internal stakeholders to understand their procurement needs and requirements
- Conduct supplier evaluations, negotiate contracts, and manage supplier relationships
- Monitor procurement performance metrics and drive continuous improvement initiatives
- Ensure compliance with company policies, procedures, and regulatory requirements
- Manage a team of procurement professionals and provide guidance and support as needed
Required Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field
- Minimum of 5 years of experience in procurement, strategic sourcing, or supply chain management
- Strong knowledge of procurement best practices, contract negotiation, and supplier relationship management
- Excellent analytical, problem-solving, and decision-making skills
- Ability to work effectively in a fast-paced, dynamic environment
- Strong communication and interpersonal skills
Desired Skills:
- Master's degree in Business Administration or related field
- Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM)
- Experience in the financial services industry or a similar regulated environment
- Proficiency in using procurement software and tools for data analysis and reporting
- Ability to lead cross-functional teams and drive complex procurement projects to completion
Compensation & Benefits:
The annual salary range for the Procurement Manager position at Morgan Stanley in Boston, Massachusetts is $110,000 to $140,000, commensurate with experience and qualifications. In addition to competitive compensation, we offer a comprehensive benefits package that includes medical, dental, vision, 401(k) retirement plan, paid time off, and professional development opportunities.
How to Apply:
To apply for the Procurement Manager position at Morgan Stanley, please visit our careers website and submit your resume along with a cover letter highlighting your relevant experience and qualifications. We look forward to reviewing your application and potentially welcoming you to our team.
Required Skills
- Data Analytics
- Excel/Power BI/Tableau
- Problem Solving
- Reporting
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