Engineering - Associate-Vendor Management

Job Description

What We Do

At Goldman Sachs, our Engineers don’t just make things – we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.

Engineering, which is comprised of our Technology Division and global strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.

Who We Look For

Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.

Market Data Team

The MARKET DATA team at Goldman Sachs delivers analytics, pricing and reference data, both real-time and historical reflecting all major markets and financial instruments to our internal and external clients.

The Market Data Vendor Management sub-team is responsible for negotiating all data licensing and commercial terms with third party vendors. The team coordinates directly with internal business sponsors on data requirements as well as legal counsel, Technology Risk, Compliance and the Vendor Management Office - to ensure vendor solutions meet firm policies and standards. The role provides the opportunity to identify cost saving opportunities and build strong relationships with all divisions in the Firm while supporting strategic projects.

Why join the team?

• We are a collaborative and global team of 16 , responsible for over 400 vendor relationships
• Opportunity to work closely with business stakeholders across all areas of the Goldman Sachs business to understand client requirements and support strategic projects
• We are at the forefront of driving industry change in digital rights and are building a Digital Rights Management (DRM) platform to revolutionize data licensing
• Exposure to a broad array of products as well as many different aspects of the business since market data is a critical enabler for our businesses.
• As the primary representative for Firm, you will be accountable for maintaining the Firm’s reputation with our suppliers
• Ownership of high profile vendor relationships for new contract negotiations, renewals and all other vendor oversight activities
• You will thrive in a work environment that requires strong problem solving skills and independent self-direction, coupled with an aptitude for team collaboration and open communication
  
  

Basic Qualifications/Experience

• General understanding of market data licensing terms
• Experience in vendor negotiation and relationship management
• Senior stakeholders engagement; ability to confidently communicate with and influence
  
  

Nice to have

• Experience of the MDSL MDM inventory system
• Vendor management, exchange licensing and/or business analysis experience
  
  

About Goldman Sachs

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

About The Team

About the division

Engineering is at the critical center of our businesses. Our dynamic environment requires strategic thinking that is innovative and produces smart solutions. At Goldman Sachs, our Engineers don’t just make things – we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets. Engineering, which is comprised of our Technology Division and global strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities?

Who We Look For Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.