Market & Reference Data Procurement

  • Company

    BlackRock Inc.
  • Location

    USA-NY-New York City
  • Compensation

    not disclosed
  • Position Type

    Employee
  • Employment type

    Full time
  • Updated

    03 Jul 2008
  • eFC Ref no

    411030
See job description below

BlackRock Solutions offers risk management, financial advisory, technology and investment accounting services and technology infrastructure and support services internally to BlackRock as well as to a variety of large financial Institutions

The Market & Reference Data Procurement is responsible for the strategic sourcing of data products and service at the most favorable total cost of ownership.

Role Description:

Position requires the hands on aspects of Market & Reference Data Procurement responsibilities with a strong emphasis on opportunity assessment; spend analysis, gathering of business requirements, contract negotiations, and ongoing relationship management.

Responsibilities:

  • Manage data relationships and negotiate related agreements
  • Proactively manage process of implementing sourcing relationships
  • Work with legal to attain beneficial commercial terms and mitigate business risk
  • Track and communicate industry trends and market intelligence
  • Communicate to clients the commercial obligations stemming from assigned sourcing contracts
  • Work with manager to develop and manage strategic sourcing plans to achieve cost efficiencies, while maintaining the highest possible levels of service
  • Skills and Qualifications:

    Dimensions:

  • Interpersonal skills to elicit pertinent information from stakeholders at all levels
  • Analytical skills to evaluate information gathered from multiple sources
  • Strong communication skills to clearly convey perspectives and analysis to stakeholders
  • Commercial contract knowledge
  • Subject Matter expertise:

  • Minimum 5 years of prior sourcing contract negotiation experience with data vendors and stock exchanges
  • Exceptional customer/business support skills
  • Ability to work well under tight deadlines in a fast-paced, team-oriented environment
  • Must be organized, detail orientated, responsive and be able to adapt quickly to a rapidly changing environment
  • Effective management of tasks
  • Ability to network and influence others without direct oversight and supervision
  • Demonstrated ability to work autonomously and build strong relationships with internal clients and data sources
  • Skills

    See Job Description.

    • Company:

      BlackRock Inc.

    • Recruiter Ref:

      2147

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