Market Data Sourcing Manager recruitment
HSBC are looking for a Market Data Sourcing Manager to undertake vendor management and contract negotiation to ensure that HSBC obtains the most cost effective market data services to meet business requirements globally. The successful candidate will act as a relationship Manager for a range of vendors in HSBC though coordinating and chairing quarterly strategy and update meetings, providing input to the vendors product roadmap on behalf of bank and ensuring that HSBC Business requirements are clearly communicated. You will be responsible for the proactive management of contracts, including ensuring that HSBC leverages it’s global purchasing power through global coordination, negotiation of new agreements and renewals in line with business requirements, ensuring that details of the global deals are communicated to all participating sites and defining and implementing allocation of costs of global agreements and gain approval from representatives – via market data analysts as appropriate.
Candidate must have the following skills / experience:
- Vendor Management with expert knowledge of market data purchasing practices and processes
- Strong administration and market data product knowledge gained from working in a major financial institution
- Good understanding of the commercial terms and conditions of the major market data vendors
- Capable of tracking compliance to vendor license and data usage policies
- Good communications skills, both verbal and written
- Experience in using Market Data tools such as MDM