Market Data Services Sourcing Manager at Deutsche Bank | GB | Rezi

Market Data Services Sourcing Manager at Deutsche Bank

Market Data Services Sourcing Manager

Deutsche Bank · GB

2 weeks ago

Market Data Services Sourcing Manager

Deutsche Bank · GB

16 days ago
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About the Role

As a Senior Market Data Sourcing Manager within the COO Global Procurement team, you will partner with business stakeholders across Deutsche Bank to support critical market data licensing requirements, including indices, financial data, ratings research and regulatory services from suppliers such as LSEG, Bloomberg, Moody’s, S&P and FactSet. You will help deliver strong vendor management outcomes through skilled negotiation, cost discipline and market data product expertise, working closely with colleagues across Market Data, Legal, Risk and Technology.

Responsibilities

  • Support the commercial and contractual aspects of Market Data sourcing, including new deals and renewals, for assigned suppliers and services.
  • Build strong relationships with Deutsche Bank business stakeholders, Market Data teams and Procurement colleagues to support category objectives and deliver cost optimisation.
  • Apply business usage requirements, regulatory obligations, Legal guidance and Risk controls to assigned contracts.
  • Deliver negotiated cost reductions and cost avoidances, while identifying cancellation, rationalisation or displacement opportunities with business stakeholders.
  • Develop market data product expertise to support quality sourcing outcomes, post-deal system updates and stakeholder communications.
  • Uplift existing vendor contracts where additional regulatory terms are required, including DORA, ESG and related obligations.

Requirements

  • Extensive Market Data experience, within a banking or financial services environment.
  • In-depth knowledge of the financial sector, key market data suppliers, and the services they provide across multi-asset markets, including Bloomberg, LSEG, S&P, Factset, Moodys and MSCI.
  • Strong understanding of market data commercial and licensing models, including usage-based licensing, intellectual property licensing, enterprise agreements and application-based use.
  • Working knowledge of Calero MDSL or an equivalent Market Data inventory platform, including reporting, contract updates, service and user structures, and renewal due diligence.
  • Understanding of key service areas within MDS such as KYC/AFC business products and use cases, with the ability to challenge requests and assess budget and index licensing and how data and index intellectual property support business strategies.
  • Experience negotiating contracts that deliver favourable commercial terms, supporting budgets, cost-saving proposals and senior management presentations that articulate Market Data opportunities and product strategies.

Skills

  • Market Data
  • Negotiation
  • Cost discipline
  • Market data product expertise
  • Vendor management
  • Financial sector knowledge
  • Market data commercial and licensing models
  • Calero MDSL or equivalent
  • KYC/AFC business products

Location

  • London

Work Type

  • Hybrid Working

Experience Level

  • Senior

Salary/Compensations

  • Competitive salary

Benefits

  • Competitive salary and non-contributory pension
  • 30 days’ holiday plus bank holidays, with the option to purchase additional days
  • Life Assurance and Private Healthcare for you and your family
  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
  • The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
  • Training and development
  • Coaching and support from experts in your team

About the Company

  • Deutsche Bank is the leading German bank with strong European roots and a global network.
  • Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.
  • We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
  • Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

Equal Opportunity

  • We value diversity and as an equal opportunities employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)
  • If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.
  • We welcome applications from all people and promote a positive, fair and inclusive work environment.