DescriptionOur client, a major global financial services provider engaged in retail and commercial banking, is seeking a Market Data Vendor Manager. Type of Position: Contract Location: New York, NY Job Description: Manage commercial negotiations with relevant Market Data vendors and liaise with legal to ensure favorable commercial terms which meet business requirements and yet mitigate business risk. Ensuring that Client leverages its global purchasing power with the vendors and undertaking proactive management of the global contracts on behalf of all relevant entities Working to simplify and streamline procedures for order management, cancellation, contract management and invoice payment Ensuring that all the terms of all global deals are communicated to the relevant entities who are entitled to participate in them, and managing the compliance of Client to any vendor terms and conditions Person Requirements Education: Higher economic, business or finance education degree Experience: Regional/global market data inventory management and cost allocation Investment Banking or Financial Markets industry experience, specifically within a Market Data BA or Vendor Manager role. Skills and Knowledge: Proven knowledge of Market Data Vendor Management and contract negotiations. Major market data vendor knowledge Strong administration and market data product knowledge Market data Investment Banking knowledge Good understanding of market data inventory systems, processes and procedures preferably MDM Finance & cost allocation process MS Office
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