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

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

0.0

Posted On

03 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Vendor Management, Procurement, Contract Negotiation, Market Data, Licensing Compliance, Financial Technology, Data Analysis, Risk Management, Vendor Audits, Stakeholder Management, Product Operations, Data Governance, Financial Markets, Strategic Planning

Industry

Financial Services

Description

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. 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 role is intentionally positioned between vendor operations and product context: Vendor operations are the primary responsibility Product work is limited to enabling correct vendor, coverage, and procurement decisions Scope is narrow, deep, and enabling—not feature‑driven This role helps remove operational load from NxDM PMs What You'll Do: Vendor Operations (Primary Focus) Own end‑to‑end data vendor operations across all Numerix vendors, including Numerix, FINCAD, PolyPaths, Kynex, and future acquisitions Maintain full visibility of vendor contracts, including renewals, termination windows, pricing, and redistribution rights Prepare commercial groundwork for vendor negotiations (usage data, cost analysis, contract review, renewal briefs); negotiations and signature led by Satyam Run vendor audits end‑to‑end, coordinating entitlements, Legal, and vendor engagement Manage licensing compliance, usage monitoring, audit readiness, vendor onboarding, and invoice discrepancies Maintain a single, consolidated view of total data vendor spend and justification Identify vendor overlap and rationalization opportunities, including duplicate coverage and consolidation options NxDM Data Procurement Domain Ownership Maintain a living view of NxDM data coverage (vendors, asset classes, instruments, feeds, depth) Acts as the fastest reference for: “Do we have this data, and if not, how do we get it?” Drive resolution of recurring data quality or coverage issues that stall in vendor support Evaluate vendor capabilities for new clients, prospects, or asset class requirements Own the internal data procurement roadmap (coverage gaps, feed onboarding, vendor changes, new evaluations) Translate vendor platform changes into NxDM impact assessments and sprint‑ready inputs Pre‑Sales & Internal Enablement Support Pre‑Sales and Professional Services with licensing, redistribution, coverage, and cost questions Handle straightforward cross‑product data requests where processing is minimal Provide a regular vendor summary for Product and Finance covering spend, renewals, compliance, audits, and rationalization Cross‑Product Collaboration Partner with other Product Managers on: Vendor licensing and contract questions related to their data sources Vendor rationalization across products New vendor onboarding where the PM defines the need and this role executes Where You’ll Work: This is a hybrid or remote role, open to those who live in the London, UK area. 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.

Responsibilities

The role involves end-to-end management of market data vendor operations, including contract renewals, licensing compliance, and vendor rationalization. Additionally, the specialist will own the internal data procurement roadmap and provide support for pre-sales and product teams regarding data coverage and licensing.