Job Description A major Bank Holding Company located in New York City is looking for a Market Data Vendor. The person will be responsible For proactively managing a specified group of vendors on behalf of Market Data Management ensuring that the Firm obtain The most cost effective market data services to meet business requirements.
Responsibilities:
Manage commercial negotiations with relevant Market Data vendors and liaise with legal to ensure favourable commercial Terms which meet business requirements and yet mitigate business risk.
Ensuring that the firm leverage 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 the firm's to any vendor terms and conditions.
Ensuring heat practice is put in place for negotiation for all market date purchases.
Skills Required Higher economic, business or finance education degree
Regional/global market data inventory management and cost allocation
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 and cost allocation processes
MS office
Team Player,work under own initiative, good communication skills both written and spoken
MBA for Business or Finance or equivalent
Investment Banking or Financial Markets industry experience specifically within a Market Data BA or Vendor Manager role.
Global multi million dollar value contract negotiations.
Salary Range This is a temporary position which will pay up to $650 Corp to Corp and $550 for W-2.
How to Apply Contact Tony Savoca at Momentum Resource Solutions at asavoca@mometnumrs.com and then call him at 732-738-0929.
Tony Savoca |
Friday, December 9, 2011
[itroundtable] LEAD: Mkt Data Vendor - NYC - to 650/day C2C - Fin Svcs
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