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Market Data Sourcing Lead - £100K

Market Data Sourcing Lead - £100K

  • Location

    London, England

  • Sector:

    Procurement

  • Job type:

    Permanent

  • Salary:

    £80000 - £100000 per annum + Excellent Corporate Benefits

  • Contact:

    Samir Zargar

  • Contact email:

    samir.zargar@1st-executive.com

  • Salary high:

    100000

  • Salary low:

    80000

  • Job ref:

    SZJ11362_1524207252

  • Published:

    5 months ago

  • Expiry date:

    2018-05-20

Market Data Sourcing Lead - £100K

Our client, a leading Financial Services organisation, with a track-record of embracing innovation and creativity, seeks to recruit a Market Data Sourcing Lead with extensive Market Data procurement experience. This is a fantastic opportunity for you to lead the development of Market Data procurement strategy in a relatively 'greenfield' procurement organisation, embracing the value proposition of a newly created Procurement function.

Role:

As a Market Data Sourcing Lead , 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 Market Data or Front-Office Technology Procurement background:

  • Experience of managing and developing Market Data or Front-Office Technology Procurement strategies.
  • 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