Network Supplier Manager

FactSet; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company in financial data and analytics, FactSet is seeking a seasoned professional for vendor and data management. The role involves managing vendor relationships, ensuring data governance, and overseeing operational workflows. Candidates should possess strong analytical skills and a minimum of 7 years in finance or related fields.

Qualifications

• Bachelor’s degree required; Master’s or certifications are a plus.
• Minimum of 7+ years in relevant fields like finance and vendor management.

Responsibilities

• Manage vendor relationships and negotiate contracts with key service providers.
• Oversee data governance policies for quality and security.

Skills

Vendor relationship management

Contract negotiation

Data governance

Data integration

Financial reporting

Analytical skills

Education

Bachelor’s degree in Finance, Business Administration, or Accounting

Master’s degree or relevant certifications (CFA, CAIA, FRM)

Tools

Data management tools and technologies

Job description

The job description is comprehensive and well-structured, but it can be improved for clarity and readability by fixing minor formatting issues and ensuring consistency in presentation. The content effectively covers the responsibilities, qualifications, and company overview. Here is a refined version with improved formatting:

• Vendor Relationship Management: Establish and maintain strong relationships with key vendors, including market data providers, trading platforms, and technology service providers.
• Contract Negotiation: Negotiate contracts and service level agreements (SLAs) to ensure the best terms and conditions for the firm.
• Performance Monitoring: Monitor vendor performance against SLAs and KPIs, ensuring compliance and addressing any issues or discrepancies.
• Cost Management: Partner with Operations and Finance teams to manage vendor-related expenses, seeking opportunities for cost savings and efficiency improvements.
• Risk Management: Identify and mitigate risks associated with vendor relationships, ensuring business continuity and compliance with regulatory requirements.

Data Management:

• Data Governance: Develop and implement data governance policies and procedures to ensure data quality, consistency, and security.
• Data Integration: Oversee the integration of data from various sources, ensuring seamless flow and availability of data across the organization.
• Data Quality Assurance: Implement data quality assurance processes to monitor and improve data accuracy and completeness.
• Data Analytics: Collaborate with the analytics team to ensure the availability of high-quality data for analysis and decision-making related to data vendors.

Operations Management:

• Operational Efficiency: Streamline operations processes to enhance efficiency and reduce operational risk.
• Workflow Management: Oversee daily vendor operational workflows, ensuring smooth execution and timely resolution of issues.
• Compliance: Ensure all vendor-related operational activities comply with regulatory requirements and internal policies.
• Product Knowledge: Utilize in-depth knowledge of industry products (e.g., equities, fixed income, commodities, quant services) to support operational processes and decision-making.
• Budgeting and Forecasting: Assist in budgeting and financial forecasting for vendor-related expenses.
• Financial Reporting: Collaborate with the finance team to provide accurate and timely financial reports related to vendor expenses.
• Cost Analysis: Conduct cost-benefit analyses to evaluate vendor services and operational initiatives across business lines (e.g., Equities, Fixed Income, Commodities).
• Cost Allocations: Work closely with finance to ensure proper allocation methodologies for vendor services, including inventory and user allocations.

Qualifications:

• Education: Bachelor’s degree in Finance, Business Administration, Accounting, or a related field. A Master’s degree or relevant certifications (e.g., CFA, CAIA, FRM) are a plus.
• Experience: Minimum of 7+ years in finance, vendor management, data management, and client relationship management.

Skills:

• Proven experience in managing vendor relationships and negotiating contracts.
• Expertise in data governance, data integration, and data quality assurance.
• Proficiency in data management tools and technologies.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills for effective collaboration.
• Ability to manage multiple projects in a fast-paced environment.

Company Overview:

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our platform delivers financial data, analytics, and open technology to over 8,200 clients worldwide, including buy-side, sell-side, wealth managers, private equity, and corporations. Recognized among the Best Places to Work in 2023 by Glassdoor, we are committed to sustainable growth. Learn more at our website and follow us on social media.