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For Companies At a Glance
- Tasks: Manage vendor relationships, negotiate contracts, and ensure operational efficiency.
- Company: Join FactSet, a leading financial data and analytics provider.
- Benefits: Competitive salary, career growth, and recognition as a top workplace.
- Why this job: Make an impact in finance while working with innovative technology.
- Qualifications: 7+ years in finance or vendor management; strong analytical skills required.
- Other info: Dynamic work environment with opportunities for professional development.
The predicted salary is between 36000 - 60000 £ per year.
Responsibilities
- Vendor Management
- Vendor Relationship Management: Establish and maintain strong relationships with key vendors, including market data providers, trading platforms, and technology service providers.
- Contract Negotiation: Negotiate contracts and service level agreements (SLAs) to ensure the best terms and conditions for the firm.
- Performance Monitoring: Monitor vendor performance against SLAs and KPIs, ensuring compliance and addressing any issues or discrepancies.
- Cost Management: Partner with Operations and Finance teams to manage vendor-related expenses, seeking opportunities for cost savings and efficiency improvements.
- Risk Management: Identify and mitigate risks associated with vendor relationships, ensuring business continuity and compliance with regulatory requirements.
- Data Governance: Develop and implement data governance policies and procedures to ensure data quality, consistency, and security.
- Data Integration: Oversee the integration of data from various sources, ensuring seamless flow and availability of data across the organization.
- Data Quality Assurance: Implement data quality assurance processes to monitor and improve data accuracy and completeness.
- Data Analytics: Collaborate with the analytics team to ensure the availability of high-quality data for analysis and decision-making associated with data vendors.
- Operational Efficiency: Streamline operations processes to enhance efficiency and reduce operational risk.
- Workflow Management: Oversee daily vendor operational workflows, ensuring smooth execution and timely resolution of any issues.
- Compliance: Ensure all vendor-related operational activities comply with regulatory requirements and internal policies.
- Product Knowledge: Utilize in-depth knowledge of industry products (e.g., equities, fixed income, commodities, quant services) to support operational processes and decision-making.
- Budgeting and Forecasting: Assist in budgeting and financial forecasting for vendor-related expenses.
- Financial Reporting: Collaborate with the finance team to provide accurate and timely financial reports related to associated vendor expenses.
- Cost Analysis: Conduct cost-benefit analyses to evaluate vendor services and operational initiatives with business lines across the firm (Equities, Fixed Income, Commodities, etc.).
- Cost Allocations: Work closely with finance to ensure vendor services have proper allocation methodologies, inventory/users.
Qualifications
- Education: Bachelor’s degree in Finance, Business Administration, Accounting, or a related field. A Master’s degree in Business, Analytics or relevant certifications (e.g., CFA, CAIA, FRM) is a plus.
- Experience: Minimum of 7+ years of experience in finance, vendor management, data management, and client relationship management.
Skills
- Proven experience in managing vendor relationships and negotiating contracts.
- Expertise in data governance, data integration, and data quality assurance.
- Proficiency in data management tools and technologies.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- Ability to manage multiple projects and priorities in a fast-paced environment.
Network Supplier Manager employer: FactSet
Contact Detail:
FactSet Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Network Supplier Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more connections we make, the better our chances of landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its vendors. Understand their products and services inside out. This way, we can show off our knowledge and impress them with how well we fit into their operations.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more we practice, the more confident we’ll feel when it’s time to shine in front of the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have exclusive opportunities listed there that you won’t find anywhere else.
We think you need these skills to ace Network Supplier Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your vendor management experience and any relevant financial expertise to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Network Supplier Manager role. Share specific examples of your past successes in vendor relationships and data management.
Showcase Your Analytical Skills: Since this role involves a lot of data management and analysis, be sure to mention any tools or methodologies you’ve used in the past. We love seeing how you’ve tackled challenges with data-driven solutions!
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. We can’t wait to see what you bring to the table!
How to prepare for a job interview at FactSet
✨Know Your Vendors
Before the interview, research the key vendors relevant to the role. Understand their services, strengths, and any recent news. This will help you demonstrate your knowledge of vendor management and show that you're proactive.
✨Master Contract Negotiation
Brush up on your negotiation skills and be ready to discuss your past experiences. Prepare examples where you successfully negotiated contracts or SLAs, highlighting the outcomes and how they benefited your previous employers.
✨Showcase Data Management Skills
Be prepared to talk about your experience with data governance and quality assurance. Have specific examples ready that illustrate how you've implemented policies or improved data processes in your previous roles.
✨Demonstrate Financial Acumen
Since budgeting and financial forecasting are key parts of the role, come equipped with examples of how you've managed vendor-related expenses. Discuss any cost-saving initiatives you've led and the impact they had on your organisation.
