Morningstar Sustainalytics · 13 hours ago
Head of Global Procurement
Chicago
Full-time
Hybrid
Director/Executive
$216K/yr - $388K/yr
15+ years expMorningstar Sustainalytics is seeking a Head of Global Procurement to lead a central team overseeing key categories such as data, technology, professional services, and travel. The role involves developing sourcing strategies, negotiating contracts, and providing leadership to the procurement organization.
Financial Services
Responsibilities
Leads the development and execution of Morningstar’s sourcing and procurement strategies to create value for the organization
Serves as key partner to business and functional stakeholders and collaborates to meet business and company objectives
Provides leadership, guidance, and oversight to the procurement team across all procurement categories
Designs and implements processes and policies around contracting, sourcing and vendor management
Leads large RFI/RFP process, managing stakeholders through the evaluation, selection, and contract negotiations processes
Establishes and maintains meaningful strategic supplier relationships
Ensures procurement strategies are driving appropriate vendor pricing and cost reduction opportunities to increase business profitability
Serves as a senior subject matter expert, developing and presenting recommendations from procurement assessments and/or analysis
Builds and monitor KPI’s around savings performance of the department and ensures accountability over those metrics
Leads and guides strategies to impact our supplier diversity and sustainability programs
Ensures ongoing awareness of market trends for major categories and proactively adapts procurement strategies
Qualification
Required
Minimum of 15 years of procurement management experience in large, global organization growing at scale
Experience with or understanding of key categories of direct and indirect spend including data, technology, hardware and software, professional services, and travel
Experience with sourcing in international regions
Proven ability to evaluate, implement, and scale business systems for the function
Demonstrated understanding of procure to pay processes, including the process implementation and system requirements for purchase requisitions and purchase orders
Demonstrated ability to build consensus and foster positive relationships with team members and suppliers
Broad experience in operating in a complex, and diverse business environment
Ability to articulate and communicate thoughts clearly, plan initiatives, and execute with excellence and with appropriate urgency
Professional presence, credibility, and authority such that others listen/seek advice and guidance
Proven ability to coach, motivate and develop careers of others within a global team
Bachelor's degree required
Preferred
Knowledge and understanding of Coupa a plus
Advanced degree preferred
Benefits
75% 401k match up to 7%
Stock Ownership Potential
Company provided life insurance - 1x salary + commission
Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages
Additional medical Wellness Incentives - up to $300-$600 annual
Company-provided long- and short-term disability insurance
Trust-Based Time Off
6-week Paid Sabbatical Program
6-Week Paid Family Caregiving Leave
Competitive 8-24 Week Paid Parental Bonding Leave
Adoption Assistance
Leadership Coaching & Formal Mentorship Opportunities
Annual Education Stipend
Tuition Reimbursement
Charitable Matching Gifts program
Dollars for Doers volunteer program
Paid volunteering days
15+ Employee Resource & Affinity Groups
Company
Morningstar Sustainalytics
Morningstar Sustainalytics is a leading independent ESG and corporate governance research, ratings and analytics firm that supports investors around the world with the development and implementation of responsible investment strategies.
1001-5000 employees
Funding
Current Stage
Late StageRecent News
2024-04-25
2024-04-25
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