Junior Category Manager Market Data Brokerage
The Junior Category Manager supports the Market Data Brokerage vendor category, partnering with business units, sourcing leadership, and vendors to execute sourcing strategies, manage contracts and renewals, and deliver cost, risk, and service outcomes. The role requires sound commercial judgment, strong execution skills, and the ability to operate independently on complex engagements under general direction. This is an individual contributor role with accountability for defined workstreams and opportunities to represent the category in cross-functional forums.
Key Responsibilities
- Business Partnership
- Vendor & Commercial Management
- Execution & Delivery
- Judgment, Influence & Leadership
- Quality & Decision Support
Knowledge & Competencies
- Strong written and verbal communication skills
- Solid understanding of financial services environments and vendor commercial models
- Working knowledge of sourcing, contract management, and vendor governance processes
- Ability to manage competing priorities in a deadline-driven environment
- High attention to detail with the ability to synthesize complex information into concise recommendations
- Adaptable to evolving regulatory, commercial, and business requirements
Experience & Qualifications
- Bachelor's degree or equivalent relevant experience required
- 2+ years of experience in financial services, sourcing, procurement, vendor management, or contract management
- Experience supporting or leading vendor negotiations in complex environments
- Familiarity with market data vendors, brokerage-related use cases, or data consumption models preferred
- Demonstrated ability to work effectively with legal, compliance, finance, and business stakeholders
Role Characteristics
- Individual contributor role (not a formal people manager)
- High degree of ownership and accountability
- Exposure to senior stakeholders and complex commercial decisions
- Developmental path toward senior category management or strategic sourcing roles
Salary Range: $80,800 - 133,400 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.
Philanthropy is deeply rooted in Northern Trust's history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.
Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com, or alternatively you can discuss your individual requirements with the recruiter you are working with.