At a Glance
- Tasks: Drive high-impact negotiations and manage vendor relationships in global financial markets.
- Company: Join Randstad Sourceright, a leader in RPO & MSP Recruitment Services.
- Benefits: Hybrid working, competitive pay, and the chance to make a real impact.
- Other info: 6-month contract with opportunities for growth in a dynamic environment.
- Why this job: Shape the future of market data while collaborating with top industry professionals.
- Qualifications: Experience in market data management and strong negotiation skills required.
The predicted salary is between 59400 - 72600 £ per year.
Location: London (Hybrid working)
Contract length: 6 months
Are you an experienced Market Data & Procurement professional looking to drive high-impact commercial negotiations across global financial markets? Randstad Sourceright, a leading provider of RPO & MSP Recruitment Services is currently seeking a strategic and results-driven Market Data Commercial Manager to join their Market Data Strategy team in London on a 6-month contract. In this key position, you will govern, optimise and strategically manage major vendor relationships across market data, reference data, indices and benchmark providers.
Key Responsibilities
- Supplier Governance & Negotiation: Drive high-stakes vendor negotiations and commercial evaluations alongside major index and market data suppliers
- Cost Optimisation & Budget Management: Implement cost-reduction initiatives, oversee multi-million-pound spending and secure sustainable commercial savings
- Contract & Licensing Management: Oversee licensing audits, contractual terms and supplier delivery to maintain compliance and strategic alignment
- Cross-Functional Stakeholder Engagement: Serve as a trusted advisor to senior leaders across Trading, Investments, Technology, Legal, Finance and Compliance
- Regulatory Compliance: Guarantee that vendor arrangements align with benchmark regulation and UK/EU legal frameworks
What We Are Looking For:
- A background managing market data, procurement or commercial vendor relationships within investment banking, asset management or major data providers
- Demonstrated background delivering large-scale licensing deals covering reference data, indices and financial market products
- Strong capability in financial forecasting, budget administration and delivering systematic cost savings
- Outstanding interpersonal capabilities, analytical mindset and a highly collaborative approach to negotiation
Market Data Commercial Manager in London employer: Randstad Sourceright
Randstad Sourceright is an exceptional employer, offering a dynamic work culture that prioritises safety and collaboration in the renewable energy sector. Employees benefit from comprehensive training and development opportunities, fostering personal and professional growth while contributing to impactful projects in Lowestoft. With a commitment to sustainability and innovation, working here means being part of a forward-thinking team dedicated to making a difference.
StudySmarter Expert Advice🤫
We think this is how you could land Market Data Commercial Manager in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Randstad Sourceright.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Randstad Sourceright might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Market Data Commercial Manager in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Randstad Sourceright will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Randstad Sourceright. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Randstad Sourceright confidence in your short-term commitment to the role.
How to prepare for a job interview at Randstad Sourceright
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Randstad Sourceright.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Randstad Sourceright that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
