Temporary Category Manager Market Data Vendors / Financial data providers

Ref. AN6543
Brussel (BE)


Temporary Category Manager Market Data Vendors / Financial data providers   AN6543

Start: ASAP  

Duur: 12 months minimum FT on site

Region: Brussels

Sector: Financial

Education: Master

Functie omschrijving

In this role you will focus on the following domains:

People Management

  • Guide and coach key business stakeholders defining and execution of sourcing initiatives in the domain of the category sourcing of Financial Market Data Vendors

Category Management

  • Build and implement multi-year supplier strategy incorporating business priorities, Market know how and a long term vision on how demand will evolve and will be managed
  • Identify opportunities to target supplier rationalization which delivers effective and efficient use of suppliers while mitigating risks
  • Provide leadership for specific initiatives aimed at delivering against the overall Procurement objectives

Business Relationship Management
Supplier Management

  • Develop, maintain an effective and distant relationship with suppliers to ensure continuity of supply
  • Provide support to the business stakeholders to ensure consistency in the application of all contractual engagements
  • Obtain best value for money from the supply market and ensure healthy cross-supplier competition and negotiate best contractual terms
  • Jointly manage all supplier risks. Address issues and secure the highest level of service delivery ensuring corrective measures are delivering expected improvements
  • Support Business stakeholders to leverage on Key Performance Indicators (KPI), quarterly and/or semi-annual supplier performance dashboards, supplier summits and contract dispute management
  • Set up an effective supplier performance management dashboard that could lead to service delivery improvements and reduce supplier risks.
  • Achieves to create value for the business by adequately managing supplier relationships and appropriately managing escalations.

Quality Management and Controls

  • Ensure compliance with policies and processes and work with business to rectify areas of concern
  • Drive supplier remediation for contractual compliance issues
  • Assist in controls, security, data protection and is responsible for doing supplier investigations and defining remediation's linked to these investigations

Required Skills

Procurement Strategy & Category knowledge:

  • Fully understands, can articulate and apply the best market practices of strategic sourcing for Financial Market Data vendors
  • Translates department measures and objectives into a strategy and action plan for the dedicated category, executes and leads execution by buyers and purchasing agents, monitors performance and the status of the objectives. Achieves business endorsement and buy-in of the defined strategy.
  • Knowledgeable of the specific aspects of a category, both technically and commercially. Understands industry cost structures and pricing mechanisms.

Selection and negotiation:

  • create complex RFP's, analyse results and proposals, and propose concrete recommendations to the Business Stakeholders.
  • Should lead some strategic and business critical negotiations.

Contracting & Contract Management:

  • Contractual knowledge, Terms & Conditions, standard SLA's, aible to negotiate them with suppliers in complex situations. 
  • Good working knowledge of applicable regulations.
  • ensure compliance with Risk and Audit.


  • Strong business know how and expertise ( 4 to 6 years of domain experience)
  • Good analytical skills, Solution oriented mindset
  • Strong in developing and maintaining professional relationships and using them to the benefit of both parties
  • Willingness to learn and demonstrate a continuous eagerness to expand know how in different domains and to explore new categories
  • Able to work both independently and as part of a team
  • Able to express well-founded opinions 
  • Ability to cope with pressure and to handle multiple tasks

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