Network Supplier Manager

FactSet

  • London
  • Permanent
  • Full-time
  • 2 months ago
FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access to financial data and analytics that investors use to make crucial decisions.At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. We believe that the best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients’ needs and exceeding their expectations.Job Summary:We are seeking a highly skilled and experienced Network Supplier Manager. This role is critical in overseeing the relationships with our external vendors, ensuring the integrity, availability, and security of our data, and managing operational workflows. The ideal candidate will have a robust background in vendor management, operations, finance, and data optimization.Key Responsibilities:Vendor Management:
  • 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 associated 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 any 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.
Financial Management:
  • 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 associated vendor expenses
  • Cost Analysis: Conduct cost-benefit analyses to evaluate vendor services and operational initiatives with business lines across the firm (Equities, Fixed Income, Commodities, etc.)
  • Cost Allocations: Work closely with finance to ensure vendor services have proper allocation methodologies, inventory/users
Qualifications:
  • Education: Bachelor’s degree in Finance, Business Administration, Accounting, , or a related field. A Master’s degree in Business, Analytics or relevant certifications (e.g., CFA, CAIA, FRM) is a plus.
  • Experience: Minimum of 7+ years of experience 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, with the ability to collaborate effectively with internal and external stakeholders.
  • Ability to manage multiple projects and priorities 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 digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, including over 200,000 individual users. Clients across the buy-side and sell-side, as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized among the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at and follow us on and .At FactSet, we celebrate difference of thought, experience, and perspective. Qualified applicants will be considered for employment without regard to characteristics protected by law.

FactSet