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For Companies At a Glance
- Tasks: Lead a team to deliver client-focused market data solutions and optimise operational efficiency.
- Company: Global professional services firm recognised for its leadership in the industry.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Shape the future of market data services while building strong client relationships.
- Qualifications: 10+ years in market data services with excellent communication and negotiation skills.
- Other info: Join a collaborative team and thrive in a fast-paced, innovative setting.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Company profile
We are a professional services and consulting company with a global footprint, and are establish as recognized leader in our area. As part of our ambitious value creation strategy, we are seeking a Senior Manager Market Data Services with leadership experience to join our team in London and take an active role in shaping the future of our company.
Role Purpose:
- Lead a team on client site, ensuring successful delivery against client targets.
- Establish and maintain strong client relationships, understanding their business practices and requirements.
- Shape and negotiate deals to achieve optimal commercial terms, tailored to client needs.
- Lead assigned MDS initiatives, including demand management and savings challenges, across varying scopes and scales.
- Understand the Market Data Operational tasks at a high level and understand KPIs
- Build and present tailored solutions for initiatives while ensuring alignment with client objectives.
- Review and negotiate vendor contracts, ensuring beneficial terms and conditions for the client.
- Provide advice on best practices for contract management, licensing issues, and compliance with usage rights.
- Maintain MDS industry awareness to contribute to the value chain and identify displacement opportunities.
- Develop and implement demand management strategies to optimize costs and operational efficiency.
- Generate accurate business and financial reports to aid decision-making and performance tracking.
- Drive cost efficiency exercises by leveraging spend analysis, RFPs, and savings opportunities.
- Maintain and manage a comprehensive global MDS inventory to support business operations.
- Oversee the ordering and cancellation of MDS services to ensure efficient service delivery.
- Manage financial processes, including invoice validation, internal cost allocations, and vendor balance accuracy.
- Facilitate third-party declarations to support compliance and smooth workflows.
- Adhere to corporate standards, tools, and processes to ensure consistency in sourcing initiatives and delivery.
- Adhering to the corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.
Your profile:
- University degree (Bachelor or Master)
- 10+ years’ experience working with MDS vendors and their services
- Excellent communication and interpersonal skills
- Excellent networking and relationship-building skills at all levels of an organization together with the ability to work effectively in a matrix environment.
- Strong negotiating skills
- Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
- Experience in working with MDS related sourcing tools, practices, and systems
- Desirable – understanding of UK contract law
- Professional team player, motivated and highly flexible
Senior Manager Market Data Services employer: Confidential
Contact Detail:
Confidential Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager Market Data Services
✨Tip Number 1
Networking is key! Get out there and connect with industry professionals on LinkedIn or at events. We can’t stress enough how a personal connection can open doors that a CV just can’t.
✨Tip Number 2
Prepare for interviews like it’s game day! Research the company, understand their market data services, and think about how your experience aligns with their needs. We want you to walk in feeling confident and ready to impress.
✨Tip Number 3
Showcase your leadership skills! When discussing your past roles, highlight how you’ve led teams and managed client relationships. We’re looking for someone who can drive results and inspire others.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows you’re genuinely interested and keeps you fresh in their minds. And remember, apply through our website for the best chance!
We think you need these skills to ace Senior Manager Market Data Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Senior Manager Market Data Services. Highlight your leadership experience and any relevant achievements in managing client relationships and negotiating deals. We want to see how you can shape the future of our company!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've led teams, managed MDS initiatives, and built strong client relationships. Let us know what excites you about joining StudySmarter!
Showcase Your Industry Knowledge: We’re looking for someone who understands the Market Data landscape. In your application, mention any relevant industry awareness or insights you have. This will show us that you’re not just qualified, but also passionate about the field!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved!
How to prepare for a job interview at Confidential
✨Know Your Market Data Inside Out
Before the interview, make sure you brush up on your knowledge of market data services and the latest trends in the industry. Familiarise yourself with key performance indicators (KPIs) relevant to the role, as well as any recent developments that could impact client needs. This will show your potential employer that you're not just a candidate, but a knowledgeable partner.
✨Showcase Your Leadership Skills
As a Senior Manager, you'll need to demonstrate your leadership experience. Prepare examples of how you've successfully led teams in the past, particularly in high-pressure situations. Think about specific challenges you've faced and how you navigated them to achieve results. This will help the interviewers envision you in a leadership role within their company.
✨Master the Art of Negotiation
Negotiation is key in this role, so be ready to discuss your approach to shaping and negotiating deals. Bring examples of successful negotiations you've conducted, focusing on how you tailored solutions to meet client needs. This will highlight your ability to create beneficial terms and conditions, which is crucial for the position.
✨Build Rapport with Interviewers
Strong interpersonal skills are essential for this role, so use the interview to build rapport with your interviewers. Be personable and engage them in conversation, showing genuine interest in their experiences and insights. This will not only make you memorable but also demonstrate your networking abilities, which are vital for maintaining strong client relationships.
