Posted in

Senior Data Procurement Specialist

Senior Data Procurement Specialist

CompanySoros Fund Management
LocationNew York, NY, USA
Salary$125000 – $200000
TypeFull-Time
Degrees
Experience LevelSenior

Requirements

  • 5+ years of experience with financial industry data procurement.
  • Excellent communication skills, especially in the data domain.
  • Hands-on experience with a vendor invoice management tool such as Calero.
  • Broad knowledge of market data and vendors such as Bloomberg, FactSet, LSEG, and others.
  • Proven ability to interpret contracts, negotiate commercials, and manage the contract lifecycle.
  • Project management skills to shepherd product trials, reviews, and onboarding.
  • Methodical approach to documentation and organization.
  • Demonstrate deep understanding of data content and business objectives from your previous projects.
  • Basic data analysis skills using Excel, Python, BI tools, and SQL.

Responsibilities

  • Own and cultivate relationships with research and market data providers.
  • Build relationships with business stakeholders across trading, risk, operations, and technology.
  • Gather and interpret SFMs business requirements to provide advice on products and vendors that best fit the firm’s needs.
  • Negotiate contracts and optimization license configurations to reduce data costs across the firm.
  • Review contract terms & renewals, validate commercials, evaluate products, and ensure internal compliance with data usage rights.
  • Manage occasional audits of our data usage by vendors, usually Bloomberg.
  • Catalog data vendors and contracts to produce clear expense reports for business stakeholders.
  • Approve invoices and reconcile them against contract terms.

Preferred Qualifications

  • Process oriented: work with IT to automate processes where possible.