At a Glance
- Tasks: Lead negotiations and manage relationships with global market data vendors.
- Company: Dynamic financial firm based in London, focused on innovation.
- Benefits: Competitive salary, career advancement, and a collaborative work environment.
- Other info: Opportunity to shape the future of market data operations.
- Why this job: Make a significant impact in the financial sector while leading a talented team.
- Qualifications: 10+ years in market data management and proven negotiation skills.
The predicted salary is between 100000 - 150000 £ per year.
A financial firm is looking for a Director of Market Data Commercial Management to join their team in London.
Responsibilities
- Lead high-stakes negotiations for enterprise-wide market data contracts, maximizing commercial value while ensuring flexible and compliant usage rights.
- Manage strategic relationships with major global market data vendors, serving as the senior escalation point and driving vendor performance.
- Oversee the global market data budget, implement rigorous demand-management frameworks, and identify cost-saving opportunities across the bank.
- Ensure strict adherence to contractual terms, licensing policies, and regulatory requirements to mitigate compliance and audit risks.
- Continuously improve the market data operating model, inventory management processes, and internal entitlement tracking.
- Lead and develop a high-performing team of commercial specialists; provide executive-level reporting and strategic counsel to senior business leaders.
Qualifications
- 10+ years of experience in market data commercial management, vendor management, or procurement within a global financial institution.
- Proven track record of leading and closing complex, multi-million dollar enterprise agreements with major data providers (e.g., Bloomberg, LSEG/Refinitiv).
Director of Market Data Commercial Management employer: Open Systems Technologies
Join a leading financial firm in London that prioritises employee growth and development, offering a dynamic work culture where innovation and collaboration thrive. With competitive benefits and a commitment to fostering talent, this role as Director of Market Data Commercial Management provides the opportunity to make a significant impact while working alongside industry experts in a vibrant city known for its financial prowess.
We think you need these skills to ace Director of Market Data Commercial Management
Negotiation Skills
Vendor Management
Contract Management
Budget Management
Compliance Knowledge
Regulatory Awareness
Cost-Saving Identification
