Financial Data Sourcing Specialist
2 weeks ago
Location: London, UK
About the Role:
Lorien's leading Pension and Investments client is seeking an experienced Financial Data Sourcing Specialist to join their team on a new project.
This role involves managing data licensing to ensure compliance while maximizing cost reduction opportunities from evaluating alternate providers. The successful candidate will deliver financial reporting, data analysis, and Credit Reference Agency service recommendations.
You'll also be responsible for:
- Leading Contract Negotiations: Partnering with key stakeholders to secure the most suitable market data products at the best possible price.
- Risk Management: Identifying and mitigating contract-related risks and issues, conducting supplier audits, and ensuring cost transparency to demonstrate contractual compliance and protect the business.
- Data Analysis: Providing in-depth analysis and insights into market data costs to enable business managers and finance partners to set and track market data budgets, resulting in cost savings.
- Subject Matter Expert: Collaborating with business franchises and functions to accurately define business requirements, serving as a point of contact for Credit Reference Agencies.
- Audit Remediation: Managing third-party market data audits, remediating data exposures where possible, and challenging audit findings to minimize penalties.
Key Skills and Experience:
- Proven experience in lead contract negotiations, securing optimal market data products at competitive prices.
- Strong risk management skills, including contract-related risk identification and mitigation.
- Exceptional analytical skills, providing actionable insights into market data costs.
- Excellent communication and collaboration skills, working with cross-functional teams to define business requirements.
What We Offer:
We offer a competitive salary range of £60,000 - £80,000 per annum, depending on experience, along with excellent benefits and a dynamic work environment.
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