At a Glance
- Tasks: Manage market data services and optimise supplier relationships for strategic initiatives.
- Company: Join a leading financial services company with a commitment to diversity and inclusion.
- Benefits: Competitive salary, generous leave, private medical cover, and flexible working options.
- Other info: Embrace a culture that values your unique experiences and perspectives.
- Why this job: Make a real impact in a dynamic environment while driving continuous improvement.
- Qualifications: Strong commercial awareness and experience in managing market data suppliers.
The predicted salary is between 40000 - 50000 £ per year.
Job Type: Permanent
Location and flexible working: Edinburgh. All our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary and benefits: From £95,000 dependent upon experience plus an indicative bonus range of 16% to 32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, income protection, 3x volunteering days and much more.
Closing Date: 14th August
The role: The Strategic Supplier Management team is responsible for the management of c.£100m of spend across a varied supplier base, supporting Retirement Solutions and Asset Management and wider Group functions in delivering strategy and customer outcomes.
You will be responsible for the commercial management, governance and optimisation of market data services across the organisation, acting as the central point of expertise for market data suppliers, contracts, licensing and usage controls, ensuring that business areas have access to the data they need whilst delivering value for money, managing risk and maintaining compliance with contractual obligations.
You will lead the governance, commercial management and optimisation of market data services along with overseeing market data inventory, licensing, supplier relationships and usage controls, ensuring compliance and value for money. Working closely with Investment teams, Finance, Procurement, Change and key third-party suppliers, you will drive effective supplier relationships, challenge demand, identify optimisation opportunities and support strategic initiatives across the market data landscape. You will also drive continuous improvement by enhancing governance, identifying efficiencies, monitoring market developments and helping shape the future market data strategy and operating model.
What we’re looking for:
- A strong commercial awareness with excellent stakeholder management skills and a practical understanding of market data services.
- Be comfortable operating in a complex environment, balancing commercial, operational and regulatory considerations whilst building strong relationships across multiple business areas.
- Experience managing market data suppliers, vendor relationships, contracts and licensing agreements.
- Strong supplier and contract management expertise, including commercial negotiations and renewals.
- Budget management, spend analysis, financial reporting and cost optimisation experience.
- Advanced analytical and problem-solving skills, with the ability to interpret data and identify efficiencies.
We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. We’re reviewing applications as they come in, so apply early to avoid missing out.
Market Data Manager in Edinburgh employer: Phoenix Group
Phoenix Group is an excellent employer, offering a dynamic work environment in the heart of Edinburgh where you can thrive as an Investment Operations Analyst. With a strong emphasis on flexibility through a hybrid work model, employees benefit from a supportive culture that prioritises operational excellence and collaboration with diverse stakeholders. Additionally, the company provides comprehensive benefits, including a competitive salary, bonuses, and generous leave, ensuring that team members are well-rewarded for their contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Market Data Manager in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Phoenix Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Market Data Manager in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Phoenix Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Phoenix Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Phoenix Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Phoenix Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Phoenix Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Phoenix Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
