Market Data Sourcing Manager, Global Procurement

Welcome to Deutsche Bank! We are currently seeking a highly qualified and skilled Market Data Sourcing Manager to join our dynamic Global Procurement team. In this role, you will be responsible for managing the sourcing and procurement of market data products and services for the bank's global operations. We are looking for a talented individual who is passionate about market data sourcing and has a strong understanding of the financial industry. If you are a self-motivated and detail-oriented individual with excellent communication and negotiation skills, then we want to hear from you! Join us in shaping the future of Deutsche Bank and make a significant impact on our global operations.

1. Develop and implement sourcing strategies for market data products and services to support the bank's global operations.
2. Build and maintain relationships with market data vendors to ensure competitive pricing and quality of products and services.
3. Conduct market research and stay up-to-date with industry trends and developments to identify potential cost savings opportunities.
4. Negotiate contracts and pricing with vendors to achieve the best terms and conditions for the bank.
5. Manage the procurement process, including requests for proposals, evaluation of bids, and contract execution.
6. Work closely with internal stakeholders to understand market data requirements and ensure timely and accurate delivery of data.
7. Monitor and analyze market data usage and costs to identify areas for optimization and cost containment.
8. Ensure compliance with regulatory requirements and internal policies and procedures.
9. Develop and maintain procurement policies and procedures related to market data sourcing.
10. Stay informed about changes and updates in the financial industry and their potential impact on market data sourcing.
11. Provide regular reporting and updates to management on market data sourcing activities, costs, and savings.
12. Mentor and train junior team members to enhance their knowledge and skills in market data sourcing.
13. Collaborate with other departments, such as IT and Finance, to ensure seamless integration and efficient use of market data.
14. Continuously evaluate and improve sourcing processes and procedures to increase efficiency and effectiveness.
15. Represent the bank in industry events and conferences to network and stay current with industry trends and developments.

According to JobzMall, the average salary range for a Market Data Sourcing Manager, Global Procurement in New York, NY, USA is between $110,000 and $160,000 per year. This range can vary depending on factors such as the size of the company, the candidate's experience and qualifications, and the specific responsibilities of the role. Additionally, bonuses and other benefits may also be included in the total compensation package for this position.

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia.