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Market Data Sourcing Manager, Global Procurement - Assistant Vice President

Deutsche Bank
New York, 1 Columbus Circle, United Statesfull_timeVerifiedPosted 19 Aug 2024
💰 $120,750/yr($85,000/yr$120,750/yr)

About the role

Job Description:

Job Title Market Data Sourcing Manager, Global Procurement

Corporate Title Assistant Vice President

Location New York

Overview

As a Market Data Sourcing Manager, you will work closely with Business and Infrastructure stakeholders to support their requirements for mission critical product licenses, including indices, data and information services. Our focus is to enable Deutsche Bank and our clients to excel through performance of vendor management best practices, including negotiations, cost discipline and market data product knowledge. As a member of Global Procurement, you will partner closely with colleagues in other Market Data functions, as well as in Legal, Risk, and Technology.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration

  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

  • Educational resources, matching gift and volunteer programs

What You’ll Do

  • Support various sourcing activities, including new deals and renewals, for your assigned Market Data suppliers and services

  • Foster relationships across the Deutsche Bank Businesses, Market Data Business Analysts and Market Data Procurement to develop and deliver cost optimization for the Market Data category

  • Apply various Business usage and regulatory requirements, along with Deutsche Bank Legal and Risk Controls to your assigned agreements

  • Achieve success through negotiated cost reductions and avoidances, as well as partner with Business stakeholders to find cancellation or displacement opportunities

  • Develop and apply market data product expertise to deliver quality outcomes

  • Support post deal system updates and communications

Skills You’ll Need

  • A working knowledge of MDSL or equivalent MDS inventory platform for reporting, renewal updates, and due diligence prior to renewal

  • Familiarization of Market Data products and services (e.g. LSEG, MSCI, Bloomberg, S&P)

  • Strategic sourcing process experience for contract value > $500K

  • Bachelor Degree or equivalent

Skills That Will Help You Excel

  • Excellent communication skills, both written and spoken

  • Solid Microsoft Office / 365 skills (e.g. pivot tables, analysis)

  • Ability to multi-task, focus on deliverables, meet deadlines, and work closely with others

  • Self-motivated / Self-starter

  • Experience with support of budgets, cost saving proposals and presentations for senior management articulating MDS opportunities and product strategies

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York Columbus Circle office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $85,000 to $120,750. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and

Company

Deutsche Bank

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