We're seeking someone to join our team as a Third Party Inventory (TPI) Director to support the delivery of a complete and accurate TPI. This Director will be responsible for overseeing operations, including an outsourced team, which ensures third parties subject to due diligence underwent such due diligence via robust analytics and workflow management encompassing both preventative and detective controls. In the Corporate Services division, we provide solutions that enable Morgan Stanley's workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients. Sourcing / Procurement 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. What youll do in the role: > Oversee the TPI outsourced team to ensure the execution of detective and preventative controls is adhered to. This includes assisting with quality assurance, resolving escalations, monitoring and ensuring adherence to KPIs. > Partner across Third Party governance groups to provide transparency into any Third Party Program breaches found as result of detective/preventative controls monitoring. > Independently work with and influence stakeholders on TPI concepts as well as bringing workflow exceptions/data remediations to closure - or escalating where appropriate. > Determine/analyze underlying data, sources, associated trends and end to end workflows to recommend and implement areas where preventative and detective controls can be further automated and streamlined. > Remain up to date on and provide recommendations/implement solutions for driving Third Party controls aligned with best in class industry benchmarks. > Create and track practical and comprehensive implementation plans and partner with Technology to test and introduce system changes and enhancements to TPI. > Translate complex business processes and concepts into simplified presentations for various organizational levels to digest. > Collect, organize, and analyze information with attention to detail and accuracy; analyze root cause of why certain due diligence requirements were not adhered to and recommend /lead solutions.