Director, Global Procurement Corporate Services
About the role
The Procurement role of Corporate Services, Director who will drive high-impact strategies enterprise-wide for stakeholders — delivering measurable enterprise value by leading strategic sourcing and contract negotiations with key suppliers. Reporting to the Head of Global Procurement, a successful candidate will have experience in best-practice procurement methods and business processes; deep data-driven analytical skills; and demonstrated success at building consensus, navigating through ambiguity, and developing deep relationships across disparate stakeholder groups.
Responsibilities
- Own category strategy and contract negotiations across several categories of spend: Professional Services, Travel, Contingent Workforce, and Workplace Facilities and CapEx related projects.
- Design data-driven sourcing strategies that effectively address stakeholder objectives while balancing cost, speed, quality, and innovation.
- Lead supplier evaluations, negotiations, and contract management (end to end) ensuring best-in-class procurement practices.
- Negotiate complex, global agreements focused on total value, negotiated savings (budgetary and avoidance), and market-reasonable terms.
- Use analytics and automation to enhance visibility and decision speed.
- Prepare RFQs, RFPs, bid documents, analyze and evaluate proposals, and administer the evaluation process.
- Serve as trusted commercial advisor to senior leaders across HR, Finance, and Legal.
- Align sourcing strategies to enterprise goals for growth and margin.
- Manage and develop organizational and team member capabilities, particularly in category management and strategic sourcing processes.
- Troubleshoot and resolve process issues impacting internal stakeholders.
- Define and implement process improvements that increase engagement, reduce cycle time and deliver efficiency gains, while ensuring compliance with policies and mitigating supplier risk.
- Manage and optimize strategic supplier relationships to drive innovation and accountability.
- Lead a high-performing team recognized for innovation and commercial excellence.
- Provide thought leadership from a procurement/sourcing perspective and work with business partners to develop new and creative strategies.
Qualifications
- Bachelor’s Degree required.
- MBA or JD preferred.
- 10+ years of progressive strategic sourcing or commercial leadership experience leading Corporate Services / Professional Services spend categories.; 8+ years of team leadership experience.
- Strong negotiation experience (Master Agreements, Statements of Work, Change Orders, etc.) and demonstrated organizational and project management skills.
- Success in large-scale enterprise initiatives and demonstrated expertise in strategic sourcing at a global scale and within a fast paced, and dynamic organization is required.
- Outstanding ability to collaborate with business partners and teams in defining and implementing category strategies at scale.
- Solid leadership skills and demonstrated ability to recruit, mentor, develop and retain outstanding strategic sourcing teams.
- Strong financial acumen and complex negotiation experience.
- Excellent executive communication and stakeholder influencing skills.
- Other duties as necessary and assigned.
Benefits
At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:
- 100% 401k match up to 6% of salary
- Stock Ownership Potential