Sr. Associate, Vendor Management

New York Life • New York, NY

46d • $112,000 - $140,000 • Hybrid

About The Position

New York Life Investments, a leading global asset management firm with $785 billion in assets under management, is seeking a dynamic and meticulous professional to join our Market Data & Tech Vendor Management team. This team plays a crucial role in partnering with key business stakeholders across New York Life to ensure robust governance and operational support. Transparency in our Market Data & Tech Contracts, Use Cases, and Use Rights is essential for driving our governance program's success. We are looking for someone with a solid foundation in the financial industry and a strong passion for learning and growth.

Requirements

• A bachelor’s degree with at least 3 years of experience in market data vendor management
• Strong skills in Microsoft Outlook and Excel.
• A genuine passion for data and a keen interest in leveraging it to support business objectives and achieve goals.
• Proven ability to manage projects and deliver tangible results.
• Meticulous attention to detail and a commitment to maintaining high standards.
• Strong relationship-building skills to effectively collaborate with diverse stakeholders.
• Transparent and open communication style, comfortable addressing issues directly and constructively.

Nice To Haves

• Experience with PowerPoint and Power BI is highly desirable.

Responsibilities

• Governance Program Oversight: Partner with the Director of Market Data & Tech Vendor Management to manage our governance program and roadmap. This includes tracking deliverables, facilitating communications, and preparing presentations.
• Vendor Management : Partner with the Director of Market Data & Tech Vendor Management to oversee vendor relationships and serve as the primary liaison between vendors and business stakeholders to ensure delivery on strategic and operational needs.
• Transparency : Partner with the Director of Market Data & Tech Vendor Management to enhance our data management processes and maintain a suite of reports tailored to the needs of our governance members.
• Cost Management : Support efforts to rationalize and optimize spend across NYL and its global affiliates, identifying opportunities for efficiency and cost savings.
• Contractual Compliance : Educate internal users on market data licensing restrictions and ensure that all agreements align with business use cases and compliance standards
• Centralized Process Expansion: Promote and implement a centralized Vendor Management Operations model across boutiques for Market Data, Technology, and other third-party vendor relationships.
• Best Practices Development: Document, refine, and implement best practices to ensure the integrity, consistency, and efficiency of data, reporting, and operational processes.
• Metrics Management: Develop and maintain quantitative and qualitative metrics to track and evaluate the performance and effectiveness of operational activities.

Benefits

• We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs.
• employees are eligible for an annual discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level