Data Acquisition Lead

Thatcham Research; Thatcham; Hybrid; GBP 62,000; Full time

Job summary

Join a forward-thinking organization as a Data Acquisition Lead, where you'll drive impactful data strategies and collaborate with key stakeholders. This pivotal role involves developing a comprehensive data acquisition strategy, managing supplier relationships, and ensuring compliance with industry standards. Your expertise will help align business needs with the right data resources, enhancing decision-making processes. If you're passionate about data and eager to make a significant impact, this is your chance to lead a data-driven journey in a dynamic environment.

Benefits

Excellent Benefits

Negotiable Salary

Qualifications

• Proven experience in defining and executing data strategies.
• Strong skills in vendor management and budget oversight.

Responsibilities

• Develop and implement a comprehensive data acquisition strategy.
• Collaborate with stakeholders to identify necessary data solutions.

Skills

Business Acumen

Vendor Management

Budget Management

Data Sourcing

Legal and Commercial Knowledge

Communication Skills

Data Translation

Tools

Data Acquisition Tools

Data Integration Platforms

Data Analytics Software

Job description

Data Acquisition Lead | Circa £62,000 negotiable + excellent benefits | Permanent | Full-time | Hybrid

We’re hiring!

Are you passionate about driving business insights and strategic data decisions through effective stakeholder engagement? We are seeking a dynamic individual to develop, drive, and own our data acquisition strategy.

In this pivotal role, you will be responsible for developing and executing a market data enrichment strategy, collaborating with key business stakeholders, and managing contract negotiations and supplier relationships. Your expertise will help us align business requirements with the right resources to drive impactful solutions. Join us and make a significant impact on our data-driven journey!

As our new Data Acquisition Lead, you’ll be responsible for:

1. Data Acquisition Strategy: Develop, implement, and own a comprehensive, business enabling data acquisition strategy ensuring that our business has access to the right data.
2. Collaborate: Collaborate with internal stakeholders to understand data needed to deliver appropriate solutions, steer where required to achieve the market data enrichment strategy.
3. Data Sourcing: Identify, evaluate, and acquire relevant data sets from trusted external sources.
4. Budget management: Proactively manage data enrichment budget, and drive business efficiency improvements.
5. Partnerships and negotiation: Establish and maintain partnerships with data providers, automotive manufacturers, insurance companies, and other key stakeholders. Negotiate mutual agreement based on monetary or other value.
6. Data Ecosystem: In collaboration with Data Value Management, oversee the integration of acquired data into our data ecosystem, ensuring data quality, consistency, and accessibility.
7. Compliance: Work with Legal and Compliance teams to ensure all data acquisition and usage comply with relevant regulations and industry standards.
8. Value: Ensure data/service usage and pricing is accurately recorded and the business value is understood. Manage demand pipeline and have a forward-looking view of data set requirements.

Skills & experience that will set you up for success in this role:

Essential skills:

1. Proven business acumen with experience of defining strategy through to successful execution.
2. Understanding of working with Data as a Product component for business value extraction.
3. Strong vendor (supplier) management and budget management skills.
4. Experience of identifying and sourcing data to meet business needs.
5. Experience working with legal and commercial aspects of vendor data licenses and contracts.
6. Persuasive communication, interpersonal and presentation skills, with the ability to collaborate effectively with cross-functional teams and external partners.
7. Ability to translate business requirements into the language of Data and vice versa.

Desirable skills:

These are desirable skills or experience and are not essential, so we welcome applications from candidates who do not meet all these additional criteria:

1. Previous experience as a Data Product Manager, Senior Business Analyst, Senior Business Systems Analyst, Data Procurement Lead, or Data Strategist.
2. Creative thinking to identify new data sources and methods for data acquisition.
3. Knowledge of data acquisition tools, data integration platforms, and data analytics software.
4. Knowledge of automotive and insurance sectors.

Additional information:

Research indicates that men are more likely to apply if they meet only 60% of the criteria, whereas women often hesitate unless they meet all criteria. We encourage you to apply even if you don’t meet every requirement — you might be the perfect fit!