Key Responsibilities:
- Market Data
- Manage the end-to-end lifecycle of market data services, including sourcing, licensing, entitlements, renewals and decommissioning.
- Perform Vendor Contract analysis and support cost reduction initiatives through usage optimization, contract consolidation, and service rationalization.
- Provide oversight and administration of third party market data including contract management, invoicing and audit/legal compliance.
- Data Collection and Analysis:
- Understand and assist in analysis related to purchasing, supplier performance etc. to identify trends and potential issues.
- Supplier Research and Identification:
- Assist in Researching and identifying potential suppliers under the guidance of the Category / Sourcing Manager
- Contract Support:
- Assist with contract management, including tracking deadlines, managing renewals, and ensuring compliance with terms and conditions.
- Sourcing Execution:
- Support the category manager in executing sourcing events and Supplier evaluation
- Reporting and Analysis:
- Assist in preparing reports on sourcing activities, supplier performance, and cost savings.
- Process Improvement:
- Assist with the development and implementation of process improvements in sourcing and procurement.
- P2P Support:
- Assist with any support needed on Procurement PO and other transactional processes as needed by Russell
Key Skills and Qualifications:
- Bachelors degree in Finance, Business, Information Technology or a related field.
- 4-6 years of relevant experience in market data management within capital markets or investment banking environments.
- Strong knowledge of market data vendors and services
- Ability to identify research objectives, develop appropriate methodologies, and solve complex problems related to market research.
- Strong analytical skills for cost tracking, usage analysis and reporting.
- Ability to collaborate effectively with team members and stakeholders from different departments.
