Market Data Vendor Relationship Manager

Address:
302 Bay Street

Job Family Group:
Technology
- Provides consulting services in support of LOB and Enterprise needs as well as expertise in Market Data and industry trends
- Liaises with stakeholders to understand problems and opportunities enabling the organization to meet its goals by understanding business vision, objectives and KPIs
- As Primary Lead, liaise with vendors to address Market Data related issues
- Cultivates relationships with business leaders, representatives, and other business partners, including vendors, to ensure that requirements are accepted and well-known
- Leads Market Data Strategy by understanding business processes, policies, information and information systems. Builds exceptional relationships with business partners and T&O colleagues. Ensures the requirements and solutions align to a real business need, are approved by all relevant stakeholders, and meet quality standards.
- Participates in strategy and planning sessions as Consultant to business partners (Multi-year planning, annual planning
- Provides thought leadership prior to evolved ideas, promotes new processes and methodologies, including emerging technologies, with the flexibility to align to the unique requirements of the project teams and deliverables.
- Provides analytical support and insights to identified/assigned user areas in support of expense management and budgeting
- Accountable for monthly and quarterly detailed reporting for vendor relationships assigned.
- Identifies and leads problem resolution for complex issues at all levels
- Able to present and communicate at all levels within IT and across business units
- Analyzes trends to proactively prevent problems.
- Provides leadership in cost avoidance or optimization through identifying consolidation/lower cost supplier opportunities.
- Manages complexity across business value, technology, and interaction models.
- Develops, recommends, and employs productivity aids in all aspects of assignments to accelerate delivery.
- Serves as liaison to the business for contract negotiations with assigned vendors
- Develops and champions best practices within area of expertise, while comparing to other fluid parts of the business.
- Supports Communication across multiple stakeholders.
- Identifies opportunities to strengthen the capability at BMO, such as: sharing expertise, mentoring employees, building communities of practice and networks across technology.
- Stays abreast of industry technical and business trends through benchmarking and/or participation in professional associations (FISD).
- Participates in industry efforts or peer initiatives to address common concerns affecting Market Data Management
- **Qualifications**:

- Generally 7 to 10 years of work experience in Market Data or the Financial Service Industry
- Expert level of knowledge in domain (vendors, exchanges, services, industry trends etc.)
- Expertise in Index licensing an asset
- Strong command of MS Excel
- Good interpersonal and communication skills, and ability to interact with senior management
- Ability to maintain a high level of delivery focused commitment
- Ability to learn and adapt quickly, with a willingness to get involved and take action on issues when necessary
- Advanced analytical skills
- Organized, methodical with close attention to detail
- Knowledge of SharePoint.
- Understanding of industry standards and standard business capabilities
- Prior vendor relationship management an asset
- Possesses strong problem solving
- Possesses excellent partnering, communication, and negotiation skills.
- FIA certification preferable
- Expert use of MDM an assets

**We’re here to help**

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.