Lead Market Data Services Category & Sourcing

Job Reference #

320601BR

Job Type

Full Time

Your role

The Market Data Services (MDS) Category & Sourcing lead role is responsible for the development and execution of sourcing and category management strategies for all MDS-related sourcing needs. The MDS Category & Sourcing lead role optimizes costs, manages supplier relationships, manages data compliance and aligns procurement activities with UBS's technology and digital transformation goals.

We are looking for someone like you to :

− Lead a team of Category Managers and Sourcing Specialists in building and executing category and sourcing strategies (incl. development of vendor plans and procurement strategies, building of partnerships). The definition of the category strategy includes, amongst other things, the identification of value opportunities, the profiling and segmentation of spend, the analysis of cost structure (industry and internal), the analysis of supply & demand market dynamics, the assessment of market position, the definition of internal future requirements, the identification and quantification of procurement category risks, the definition of the go-to-market model and optimal commercial strategy to interact with suppliers, as well as the category strategy implementation plan

− Be accountable for the category performance delivery across all Category Scorecards dimensions, overseeing the measurement of all KPIs and implementing remediating actions where needed.

− Negotiate MDS related Complex Deals and accountable for the commercial performance of the entire team vs. set commercial targets

− Manage and drive large, complex and group wide relationships with key strategic vendors, ensuring compliance with Vendor Risk Framework and foster a commercial partnership approach and avoid value leakage

− Act as business advisory lead for the Business Divisions / Group Functions (e.g. queries on Logistics Platform, RPM, TPRM). Maintain stakeholder relationship and answer business queries on various MDS vendor & services topics, (e.g. service descriptions, alternative options, cost reduction levers)

− Proactively identify and address non-compliant data usage with the business, ensure proper licensing is in place and that the business is informed on market data usage policies going forward.

Your team

You will be working in the MDS team. The team is part of the Supply Chain organization, a function in Group Real Estate and Supply Chain (GRESC). Supply Chain was created to enhance value identification and delivery within GRESC, supporting UBS with its third party vendor management as well as with its Real Estate and Outsourcing footprint.

Your expertise

− Ideally 15+ years of procurement-related experience, in category management, VRM and / or sourcing

− Deep understanding of the MDS domain, including products and services, usage rights, third party policies, market dynamics, key drivers, intersection with technology

− Proven experience in contract management, procurement, or a related field.

− Experience in identification and evaluation of new and emerging technology trends (e.g., AI), tools, and vendor capabilities to support digital transformation initiatives

− Strong strategic and analytical mindset coupled with ability to set and deliver on financial targets

− Expert negotiation and deal making experience

− Ability to communicate with senior management; excellent written and verbal communication

− Strong people management and collaboration skills

About Us

UBS is the world's largest and the only truly global wealth manager. We operate through four business divisions : Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

We have a presence in all major financial centers in more than 50 countries.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.

We're committed to disability inclusion and if you need reasonable accommodation / adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy Statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.

Skills Required

Negotiation, Category Management, Contract Management, Sourcing