Posted 17 days ago
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Responsible for shaping and executing KKR's Market Data category strategy, managing vendor relationships, license inventory, contracts, and savings tracking. Works closely with the Tech Market Data team and cross-functional stakeholders to onboard/offboard vendors, reconcile invoices, and maintain a central contract database. Creates usage reporting, conducts entitlement re-certifications, runs user training, and drives consolidation and savings opportunities across news and subscriptions. Requires strong sourcing and negotiation skills with approximately 10+ years of relevant experience; role is onsite in Boston at least four days per week.
- Compensation
- $110,000 – $140,000 USD
- City
- Boston
- Country
- United States
Currency: $ (USD)
Full Job Description
COMPANY OVERVIEW
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.
POSITION SUMMARY
KKR is looking for a sourcing professional to join the Strategic Sourcing team. This individual will report to the Market Data category lead and will help shape the Market Data category strategy. The individual should have prior Market Data procurement experience, senior stakeholder management, and Market Data vendor relationship management experience.
IDEAL EXPERIENCE
A successful candidate will typically have 10+ years of experience with a demonstrated track of sourcing and negotiation skills at a comparable financial service organization.
RESPONSIBILITIES
- Oversee market data category strategy (in conjunction with Tech Market Data team):
- Help define and execute firm’s market data strategy
- Apply right Governance & role-based methodology to category
- Manage license inventory
- Track savings and other expenses (i.e. Exchanges)
- Work with Accounts Payable to reconcile all invoices to contracts
- Maintain central contract database, proactively manage expirations to alert Category Manager
- Onboarding and offboarding vendors, align with appropriate stakeholders
- Manage News and Subscriptions sub-category
- Create reporting and metrics, especially Usage, for end users to help drive savings or consolidation opportunities
- Communicate with internal and external audiences as licenses are added/re moved/cancelled
- Conduct end-user entitlement re-certification
- Enhance user experience through helping to run training classes, define super users, and ensure KKR leveraging the full suite of products/data procured
QUALIFICATIONS
- Experience with spend analytics, sourcing and contract management processes and systems.
- Experience with category management, strategy sourcing processes and relationship management.
- Strong contract negotiation, commercial negotiation and vendor relationship management skills
- Demonstrated ability to effectively interact in a cross-functional environment with various teams and types of vendors.
- Excellent verbal and written communication skills, including synthesizing research and conceptual work into actionable and presentable deliverables.
- Accountable, with a strong sense of professionalism and integrity.
- Highly organized, efficient and able to work to tight deadlines in a high-pressure environment.
- Excellent interpersonal skills and the ability to build strong professional relationships at all levels
- Undergraduate degree with strong academic credentials and ~10 years of relevant work experience.
This role requires in office attendance at least 4 times a week in Boston.
#LI-ONSITE
This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
