Summary:
**PLEASE NOTE - This is NOT a technical role for a Data Analyst, Data Scientist or someone with an IT background.
The Procurement Administrator at S4 Market Data will oversee the administrative functions of client projects and be responsible for supporting the overall service delivery of our managed services with respective clients. This position will manage market data service inquiries from clients as it relates to inventory management, procurement requests and renewals, and supporting the lead analyst with any project/task based related inquiries. The ideal candidate will have market data administrative experience; performing moves/adds/changes in inventory (FITS/MDSL), updating contract/pricing records, and reconciling invoices. Having a financial and/or consulting background for this role is preferred.
Responsibilities:
- Handle day-to-day administrative inquiries from internal business units and our lead analysts, including but not limited to; entitlement requests, moves/adds/changes requests, inventory management, procurement/legal approval, expense allocation, and invoices reconciliation.
- Keep an updated inventory of contracts, services, pricing, users, and vendors. Perform month-end reconciliations and ensure that our data is always accurate and current.
- Interact with the client’s various internal stakeholders and business units; technology, legal, accounting/finance, human resources, and investment managers. Resolve any procurement issues.
- Provide client and project support for our lead analysts and perform analyses or data related tasks in Excel as requested.
- Support lead analyst with any internal client SLA reporting for regular team meetings and client deliverable updates.
- Perform business development and other duties as required by manager(s) and founder(s).
Qualifications:
- Relevant experience in financial services or market data or work experience in consulting is preferred. Knowledge of FITS/MDSL inventory systems is preferred.
- Experience working with Market Data vendors such as Bloomberg, FactSet, Exchanges (NYSE, ICE, etc.). Intermediate Excel skills are required.
- Excellent communication and task/time management skills are preferred. Display a high level of time management skills in order to manage multiple and elaborate requests simultaneously.
- Have a high energy and be a self-starter with the ability to work independently and as part of a team.
Top Skills
What We Do
We help financial institutions reduce/manage costs and mitigate data compliance risk using our market data vendor management knowledge and expertise. We've worked in market data vendor management throughout our careers for large investment banks, buy/sell side shops, and broker dealers.
Our Services Include: Cost Management/Savings Initiatives, Alternative Vendor Selection & Implementation, Usage/Inventory System Implementation, Contracts Support, Vendor & Exchange Audit Support, and Inventory/Invoicing Administration. We also offer market data as a managed service and other project-based services.
If you are interested in learning more about our services, please contact me at: [email protected]
