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Vendor Sourcing Specialist
2 months ago
Lanson Partners is seeking a highly skilled Vendor Sourcing Specialist to join our team. As a key member of our procurement department, you will be responsible for overseeing the management and evaluation of commercial contracts with market data vendors.
Key Responsibilities- Contract Management: Oversee the timely review, renewal, or cancellation of existing market data contracts, while closely monitoring upcoming contract renewals and reporting these to internal stakeholders.
- Vendor Negotiations: Engage in basic contract negotiations with market data vendors, analyzing data usage within existing contracts across the organization.
- Contract Reporting: Manage the monthly contract reporting process, ensuring accurate and timely reporting to internal stakeholders.
- Commercial Contract Experience: Proficiency in evaluating and managing commercial contracts, with a thorough grasp of vendor negotiations and legal aspects like renewal terms, usage restrictions, and cost structures for financial markets data providers.
- Communication Skills: A solutions-oriented individual with a keen emphasis on delivering excellent customer service, with strong skills in both verbal and written communication.
- Teamwork: A cooperative team member who consistently works towards achieving desired outcomes.
- Adaptability: Highly self-driven and quick to adapt and learn new skills.
- Data Analysis: Someone who takes pleasure in working with data and has solid, intermediate-level MS Excel capabilities.