About the Role:

Grade Level (for internal use):

Director, Data Content Acquisition – iDACS

Role: 

This role will support the Index Data Acquisition & Content Subscriptions (iDACS) team within the S&P Dow Jones Indices (SPDJI) division.  The iDACS team is responsible for acquiring inbound third-party content from market data providers, subscription licensing, vendor management, and stakeholder engagement. iDACS is instrumental in ensuring that the division manages its vendors efficiently, effectively, and in line with policies throughout the vendor lifecycle, including in relation to the vendor’s performance, cost, risk, and adherence to contractual obligations.

This position will sit within the Data Acquisition pillar of the iDACS team with a focus on supporting SPDJI’s centralized and growing function responsible for acquisition, utilization, and distribution of third-party content and services.

Responsibilities:

·       Manage team through the entire acquisition process, from initial contact to contract execution and content delivery

·       Lead commercial negotiations with third-party exchange and content providers. Manage source selection, internal communication, contractual review, and internal processes.

·       Negotiate optimal terms considering both creative and commercial aspects with data providers to support internal and commercial (derived and redistribution) use cases

·       Maintain relationships between SPDJI and its exchange partners, content providers and other market data and subscription vendors

·       Promote best practices globally, including identifying opportunities to optimize and leverage data sources across the organization. Abide by guidelines and standards set by the organization.

·       Analyze data rights and communicate risks and/or obligations associated with any current or new vendor agreements related to SPDJI’s custom and branded indices. Ensure adherence to licensing, reporting and regulatory requirements.

·       Manage global data rights, review agreements for legal and financial obligations, and inform stakeholders of any nuances and/or vendor restrictions

·       Create vendor summaries for high profile/strategic vendor relationships and maintain accurate and up-to-date documentation for all vendor relationships and related contracts

·       Update internal systems and conduct gap analysis reviews to highlight potential risk exposure.  

·       Conduct vendor risk assessments, vendor performance scorecards, and other internal risk mitigation processes

·       Assist with any regulatory compliance exercises and vendor audits

Functional & Business Knowledge:

·       Prior experience in vendor management, contract review and/or vendor negotiation, including all relevant business, price, and technical terms

·       First-class communication skills including the ability to speak effectively in small and large group settings, and to write clearly in internal memos, presentations, and e-mails

·       Ability to use market data expertise and prior experience to influence stakeholders across the organization

·       Very high attention to detail and ability to thrive in a fast-paced work environment

·       Flexible and accommodating work ethic in an ever-changing work schedule

·       Ability to work both in a team setting and independently

·       Solution-oriented, self-starter and highly motivated

Experience & Qualifications:

·       10+ years in the financial services industry or similar professional work environment

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