Sr Product Specialist, Market Data Procurement & Vendor Ops at Numerix

London OfficeFull-timeProduct & PMOPosted about 1 month ago

About the Role

<div class="content-intro">Since our founding in 1996, we have been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics and software that redefine pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD, PolyPaths and Kynex, Numerix has further strengthened its leadership position empowering financial institutions worldwide, to transform risk into opportunities with confidence.</div><div> Numerix’s data vendor landscape has grown to a scale where vendor operations require dedicated ownership. The Senior Product Specialist, Market Data Procurement & Vendor Operations role exists to own that problem space end to end—covering vendor planning, licensing, audits, renewals, compliance, and rationalization.  The data entering the platform is sourced through provider partnerships that have taken years to build, many offering coverage not publicly available. These relationships are a core competitive advantage for Numerix Data Management (NxDM), and this role exists to own, maintain, and strengthen them. This role sits within the Product Management team and focuses on ensuring the quality, coverage, and cost-efficiency of the data that powers every pricing model, risk calculation, and analytics workflow in the Numerix product suite that clients depend on for regulated decision-making.  Success in this role means NxDM’s data provider ecosystem is proactively maintained, grows as a strategic asset, coverage gaps are closed at source, provider contracts and licensing are managed with full visibility, and the data entering the platform is evaluated for readiness to support quantitative finance and AI workflows.  What You'll Do:  Vendor Operations (Primary Focus)  <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Own end‑to‑end execution of data vendor operations across all Numerix vendors, including Numerix, FINCAD, PolyPaths, Kynex, and future acquisitions. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">Maintain full visibility of vendor contracts, including renewals, termination windows, pricing, and redistribution rights. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1">Prepare commercial groundwork for vendor negotiations (usage data, cost analysis, contract review, renewal briefs); negotiations and signature led by senior leadership. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1">Run vendor audits end‑to‑end, coordinating entitlements, Legal, and vendor engagement. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="5" data-aria-level="1">Manage licensing compliance, usage monitoring, audit readiness, vendor onboarding, and invoice discrepancies. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="6" data-aria-level="1">Maintain a single, consolidated view of total data vendor spend and justification. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="26" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="7" data-aria-level="1">Identify vendor overlap and rationalization opportunities, including duplicate coverage and consolidation options. </li> </ul> NxDM Data Procurement Domain Ownership  <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Maintain a living view of NxDM data coverage (vendors, asset classes, instruments, feeds, depth) </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="o" data-font="Courier New" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":1440,"335559991":360,"469769226":"Courier New","469769242":[9675],"469777803":"left","469777804":"o","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="2">Acts as the fastest reference for: “Do we have this data, and if not, how do we get it?” </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">Drive resolution of recurring data quality or coverage issues that stall in vendor support by engaging provider product teams directly and pushing for structural fixes at the source. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1">Evaluate vendor capabilities for new clients, prospects, or asset class requirements. Work with NxDM’s quantitative and domain specialists to validate fit, including readiness for quantitative finance and AI-driven workflows. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1">Own the internal data procurement roadmap (coverage gaps, feed onboarding, vendor changes, new evaluations). </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="5" data-aria-level="1">Translate vendor platform changes into NxDM impact assessments and sprint-ready inputs. </li> </ul> PreSales & Internal Enablement  <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="6" data-aria-level="1">Support PreSales and Professional Services with licensing, redistribution, coverage, and cost questions. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="7" data-aria-level="1">Handle straightforward cross-product data requests where processing is minimal. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="8" data-aria-level="1">Provide a regular vendor summary for Product and Finance covering spend, renewals, compliance, audits, and rationalization. </li> </ul> Cross‑Product Collaboration  Partner with other Product Managers on:  <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="9" data-aria-level="1">Vendor licensing and contract questions related to their data sources </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="10" data-aria-level="1">Vendor rationalization across products </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="" data-font="Symbol" data-listid="27" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="11" data-aria-level="1">New vendor onboarding where the PM defines the need and this role executes  </li> </ul>   What We're Looking For: <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">5 - 8 years of experience in capital markets technology, market data, or financial services, with direct exposure to how market data flows into pricing, risk, or trading workflows. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">Bachelor’s degree in a quantitative or finance-related discipline (Finance, Economics, Financial Engineering, Mathematics, Statistics, or related field). A postgraduate degree is valued but not required. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="3" data-aria-level="1">Experience working with market data providers such as Bloomberg, Refinitiv/LSEG, ICE, S&P Global, FactSet, or similar, in a product, data management, partnerships, or technical capacity. Experience on the provider side is a strong advantage. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="4" data-aria-level="1">Capital markets fluency: you understand what an interest rate swap curve is, why a volatility surface matters, and what data completeness means in a regulatory context. You do not need to be a quant, but you need enough domain knowledge to hold credible conversations with provider product teams and internal quantitative specialists. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="5" data-aria-level="1">Familiarity with data provider contract lifecycle management, licensing models, redistribution and revenue-sharing agreements, and audit processes in a financial service or fintech context. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="6" data-aria-level="1">Product thinking: able to own a domain roadmap, write clear requirements, prioritise competing demands, and work with engineering teams on delivery. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="7" data-aria-level="1">Strong analytical and communication skills, with the ability to synthesise complex data quality, coverage, or licensing issues into clear, actionable assessments for both technical and non-technical audiences. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="8" data-aria-level="1">Comfortable working across a wide range of stakeholders: provider product managers, account managers, salespeople, as well as internal engineering, pre-sales, finance, legal, and product teams. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="9" data-aria-level="1">Self-motivated, execution-oriented, and comfortable in environments where processes are still being built. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="10" data-aria-level="1">Familiarity with data governance frameworks or regulatory data requirements (e.g., BCBS 239) is a plus. </li> </ul> <ul> <li style="font-family: helvetica, arial, sans-serif; font-size: 12pt;" data-leveltext="•" data-font="Outfit" data-listid="30" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769242":[8226],"469777803":"left","469777804":"•","469777815":"hybridMultilevel"}" data-aria-posinset="11" data-aria-level="1">Awareness of how AI and machine learning are changing market data products and provider offerings is a plus. </li> </ul>   </div> Where You'll Work: This is a hybrid role, open to those who live in the areas of London, UK, New York, USA (midtown Manhattan), Toronto (GTA) or Milan, Italy. An important note on salary: The annual pay range for this position is based on the preferred primary location of the role which is listed above. If you are applying to this role at a location that is not the preferred primary location, please keep in mind the salary range will vary and may fall outside of what is listed. Base pay offered may vary depending on job-related knowledge, skills, and experience. Also note that unsolicited contact from third-party recruiters or agencies will not be considered at this time. We respectfully request no outreach from agencies.

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About the Role

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