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Job Details

Procurement amp Sourcing Avp

Company name
State Street Corporation.

Experience
5 yrs required

Location
Boston, MA, United States

Employment Type
Full-Time

Industry
Legal

Posted on
Nov 18, 2022

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Profile

Procurement & Sourcing, AVP

The candidate will understand the Market Data needs of the Business and Source the required products and services from the optimal vendors at optimal price points. Perform direct negotiations and regularly manage large and complex Market Data agreements. Use a white glove approach in stakeholder management to provide advice and guidance within Market Data sourcing. Analyze data to identify opportunities to reduce existing cost base. Work with process partners to mitigate risks and realize opportunities. Solution requests and issues in a timely manner and perform daily problem-solving. Review, negotiate and draft Market Data contracts including commercials and terms and conditions. Partner with legal and business to ensure that contracts properly represent negotiated commercial terms as well as usage rights and other terms and conditions. Identify and mitigate any potential risks in contract language. Ensure the end-to-end contracting process is completed in a timely manner. Keep all stakeholders informed throughout the procurement lifecycle. Collaborate with Third Party Risk Management (TPRM) teams to support appropriate policies and ensure procedures are followed and used consistently throughout the acquisition process to identify and mitigate 3rd party risk. Perform all duties in accordance with prescribed regulatory compliance guidelines.

Additional Information

Requisition id: R-716335.

Company info

State Street Corporation.
1 Lincoln St
Boston
Massachusetts
United States 2111
Website : http://www.statestreet.com

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