Market Data Specialist

Key Responsibilities :

• Market Data
• Manage the end-to-end lifecycle of market data services, including sourcing, licensing, entitlements, renewals and decommissioning.
• Perform Vendor Contract analysis and support cost reduction initiatives through usage optimization, contract consolidation, and service rationalization.
• Provide oversight and administration of third party market data including contract management, invoicing and audit / legal compliance.
• Data Collection and Analysis :
• Understand and assist in analysis related to purchasing, supplier performance etc. to identify trends and potential issues.
• Supplier Research and Identification :
• Assist in Researching and identifying potential suppliers under the guidance of the Category / Sourcing Manager
• Contract Support :
• Assist with contract management, including tracking deadlines, managing renewals, and ensuring compliance with terms and conditions.
• Sourcing Execution :
• Support the category manager in executing sourcing events and Supplier evaluation
• Reporting and Analysis :
• Assist in preparing reports on sourcing activities, supplier performance, and cost savings.
• Process Improvement :
• Assist with the development and implementation of process improvements in sourcing and procurement.
• P2P Support :
• Assist with any support needed on Procurement PO and other transactional processes as needed by Russell

Key Skills and Qualifications :

Skills Required

Data Analysis, Market Research, Python Programming, Database Management