Market Data Services Sourcing Manager
Job Summary
Job Title: Market Data Services Sourcing Manager
Location: London
Corporate Title: Vice President
As a Senior Market Data Sourcing Manager within the COO Global Procurement team you will partner with business stakeholders across Deutsche Bank to support critical market data licensing requirements including indices financial data ratings research and regulatory services from suppliers such as LSEG Bloomberg Moodys S&P and FactSet.
You will help deliver strong vendor management outcomes through skilled negotiation cost discipline and market data product expertise working closely with colleagues across Market Data Legal Risk and Technology.
What well offer you
A healthy engaged and well-supported workforce are better equipped to do their best work and more importantly enjoy their lives inside and outside the workplace. Thats why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
Competitive salary and non-contributory pension
30 days holiday plus bank holidays with the option to purchase additional days
Life Assurance and Private Healthcare for you and your family
A range of flexible benefits including Retail Discounts a Bike4Work scheme and Gym benefits
The opportunity to support a wide ranging CSR programme 2 days volunteering leave per year
Your key responsibilities
Support the commercial and contractual aspects of Market Data sourcing including new deals and renewals for assigned suppliers and services.
Build strong relationships with Deutsche Bank business stakeholders Market Data teams and Procurement colleagues to support category objectives and deliver cost optimisation.
Apply business usage requirements regulatory obligations Legal guidance and Risk controls to assigned contracts.
Deliver negotiated cost reductions and cost avoidances while identifying cancellation rationalisation or displacement opportunities with business stakeholders.
Develop market data product expertise to support quality sourcing outcomes post-deal system updates and stakeholder communications.
Uplift existing vendor contracts where additional regulatory terms are required including DORA ESG and related obligations.
Your skills and experience
Extensive Market Data experience within a banking or financial services environment.
In-depth knowledge of the financial sector key market data suppliers and the services they provide across multi-asset markets including Bloomberg LSEG S&P Factset Moodys and MSCI.
Strong understanding of market data commercial and licensing models including usage-based licensing intellectual property licensing enterprise agreements and application-based use.
Working knowledge of Calero MDSL or an equivalent Market Data inventory platform including reporting contract updates service and user structures and renewal due diligence.
Understanding of key service areas within MDS such as KYC/AFC business products and use cases with the ability to challenge requests and assess budget and index licensing and how data and index intellectual property support business strategies.
Experience negotiating contracts that deliver favourable commercial terms supporting budgets cost-saving proposals and senior management presentations that articulate Market Data opportunities and product strategies.
How well support you
Training and development to help you excel in your career
Coaching and support from experts in your team
We value diversity and as an equal opportunities employer we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers assistive hearing devices adapted keyboards)
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to be namedin The Times Top 50 Employers for Gender Equality and has beenawarded a Gold Award from Stonewall and named in theirTop 100 Employers.
If you have a disability health condition or require any adjustments during the application process we encourage you to contact our Adjustments Concierge onto discuss.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive fair and inclusive work environment.
Required Experience:
Manager
About Company
Deutsche Securities Saudi Arabia (DSSA) is a closed joint stock company incorporated in 2007 under the commercial register number: 1010239773. DSSA is a subsidiary of Deutsche Bank AG [95% owned by Deutsche Bank AG and 5% owned by DB Capital Markets (Deutschland) GMBH] with paid capit ... View more