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Senior Data Procurement Specialist
Company | Soros Fund Management |
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Location | New York, NY, USA |
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Salary | $125000 – $200000 |
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Type | Full-Time |
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Degrees | |
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Experience Level | Senior |
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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.