Vendor Manager

In this role, you will be working as part of a global team to oversee and provide high-quality, cost-effective market data vendor management for multiple internal teams across EMEA and APAC. You will also maintain all aspects of assigned Market Data contracts and services in MDM (Market Data Service software) including renewals, financial reporting, monitoring usage and licensing requirements.Key ResponsibilitiesProvide vendor management services across over 60 suppliers as detailed below:Cost ControlManage an inventory of services and associated costsProvide regular and ad-hoc analysis of actual, planned and budgeted expenditureIndependently lead budgetary management process; including periodic forecasting, analysis of actual, planned, and budgeted expenditure and detailed level financial reportingIdentify and execute cost savings and cost avoidance through the contract renewal cycleQuality ControlMaintain working relationships with suppliersOwn and manage all aspects of Operations and Investments Vendor contracts and services in MDM including new requests, contract renewals, contract cancellations, reporting, and usage managementDevelop new reporting requirements and identify enhancements to existing reporting practicesMaintain information on service measures, issue logs and contribute to an ongoing process of evaluating service qualityPlan, arrange, attend, and chair meetings with vendorsWork with legal and finance to ensure effective controls over key documentation (contracts, Service Level Agreement [SLA] etc)Participate in Vendor Risk Assessment (VRA) calls and manage all subsequent actions with vendors through to completion in a timely fashionUser SupportMaintain relationships with service owners in the business, understanding current perceptions of supplier services and priorities for changeEnsure information on supplier issues or changes are communicated appropriately within the businessManage individual interactions with business partners and collaborate with the internal peers to drive process enhancements, participation on audits, installations, service removals, and system improvementsManage the delivery of services to end users via co-ordination of training and the roll-out of new servicesAdvise users on information/data resources available to them through existing and possible licensesLiaise with Technology to ensure upgrades and enhancements are rolled out effectivelyLicense ManagementMaintain a catalogue of data licenses, permitted and non-permitted useProvide support on queries on standard contractual terms and conditionsProvide advice on permitted usage of data and communication to users to ensure any constraints are understood and adhered toManage change request process, ensuring policies and processes for service change requests and procurement are followedParticipate and lead project activities that require 3rd party data, these can vary from leading small initiatives to being part of global transformation projectsRequired QualificationsBachelor’s degree5-7 years of relevant experiencePreferred QualificationsProven track record of achievement in a supplier management role, ideally dealing with Market Data services to a financial services organizationCommercial skills (experience in contract negotiation, contract content, SLA structure and general procurement process)Excellent interpersonal and communication skills, both verbal and writtenStrong communication and influencing skills across varying leadership levelsTenacious self-starter able to work to a demanding schedule and deliver to specific deadlinesIndustry knowledge of data vendors, products and services is requiredProven ability to create meaningful data analysis and metrics to support business needs.Strong Excel skills (including the use of formulas and functions)Previous experience of MDSL (Market Data Service Ltd) or similar market data management toolAbout Our CompanyWe’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.Full-Time/Part-Time : Full timeExempt/Non-Exempt : ExemptJob Family Group : FinanceLine of Business : BANK Bank

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