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Market Data Category Manager - London

Market Data Category Manager - London

  • Location

    London, England

  • Sector:

    Procurement

  • Job type:

    Permanent

  • Salary:

    £75000 - £85000 per annum + excellent benefits

  • Contact:

    Jack Williams

  • Contact email:

    jack.williams@1st-executive.com

  • Job ref:

    11818_1535527068

  • Published:

    25 days ago

  • Expiry date:

    2018-09-28

Our client, a leading Financial Services organisation, with a track-record of embracing innovation and creativity, seeks to recruit a Category Manager (Market Data) - London (£75-85K) with extensive Market Data procurement experience. This is a fantastic opportunity for you to lead the development of Market Data procurement strategy in a Global Procurement function.

Role:

As the Category Manager (Market Data) - London, you will lead the development of Market Data procurement strategy across all business units within a complex Financial Services Global business model. In turn, you will manage all associated commercial procurement activity to drive value creation and minimise total cost of ownership. Furthermore, you will be responsible for the full procurement life cycle from initial strategy, tendering, and contract award through to transition, contract management and termination.

Accountabilities:

  • You'll be responsible for translating innovation and ideas into comprehensive procurement proposals, formulating presentations and reports to influence senior stakeholders
  • Responsible in working across the full end-to-end 7 step procurement process (business requirements to contract execution & performance management).
  • You will lead the strategic procurement process, providing direction and oversight to leverage the size and scale of the Group's procurement power through robust contract negotiations, supplier selection and management of the commercial aspects of the 3rd party supplier relationships
  • Ensure that the above delivers end-to-end commercial, contractual and relationship lifecycle value, in the eyes of key stakeholders and from the bottom line.
  • You'll report and track financial benefits versus pipeline and targets, identifying potential risks
  • Compliance to all procurement policies, procedures and systems providing an efficient and auditable sourcing trail that will ensure robust risk management

Experience:

As the successful candidate, you will ideally present a Procurement background first, with Market Data or Front-Office Technology Procurement experience:

  • Experience of managing and developing Market Data or Front-Office Technology Procurement strategies (such as Clearing, Brokerage etc).
  • Excellent contract management experience (incl. contract drafting skills).
  • Excellent track record of challenging and influencing IT stakeholders
  • Experience of developing supplier management strategy
  • Expert negotiation and influencing skills
  • Excellent analytical and organisational skills
  • Excellent academic pedigree