Trading Manager
Description
GroupM is seeking a vibrant and experienced professional to join the group as a Trading Manager. In this role, you should have a solid knowledge of the media broadcasting marketplace and an innovative and creative approach in deal making and negotiations.
Reporting of the role
This role reports to Head of Investment Services
3 BEST THINGS ABOUT THE JOB:
- Opportunity to understand business issues from a media owner perspective and exposure to different aspects of running a media business early in your role
- Be part of the dynamic, ever-changing media landscape
- Work in a company that recognizes talent and where your position is as big as what you can make it.
In three months:
- You will start working on trading specific reports and learn to use industry research data and proprietary tools to create accurate reports to build analyses from
- You will have obtained a good understanding of agency business issues and how GroupM can support
- You will have started to build relationships with internal stakeholders
In six months:
- You will regularly provide sound analyses of reports to support business decisions
- You will assist the head of the department in negotiating supplier contracts and finalizing agreements
- You will start building your relationship with the media suppliers and understand the structure of agreements
In twelve months:
- You will be able to independently negotiated vendor deals according to set parameters and finalize contracts
- You will be able to contribute to new business ideas and assist in seeing it through
- You will be able to provide management leadership when Head of the department is unavailable
- Provides direct high-level administrative and analytic support to the Head of Investment Services
- A point of contact for the department to the internal and external clients of the department
- Manages the Trading Head’s meeting schedules
- Provides support during meetings and strategies around and assists the needs of Trading Department
- The Trading Manager must be able to work within and prioritize in a fast-paced environment, work independently with minimal supervision, must be very capable to deal with data software, mining, contracting, spreadsheets, reporting, negotiations and general management
- At least 8 years in management, media, finance
- Negotiations, intermediate to advanced excel, excellent written and communication skills
- Work independently with minimal supervision, must be very capable to deal with data software, mining, contracting, spreadsheets, reporting, negotiations and general management
- Well-organized and flexible, and enjoy supporting the needs of the Head of Investment Services and the department
- Must have very strong written and verbal communications skills, advanced excel and power point capability, strong supportive attitude, obsessive attention to detail, and a high comfort level dealing with financial tasks, numbers and data mining
GroupM is the parent company to WPP’s media agencies including Mindshare, MediaCom, MEC and Maxus. Our primary purpose is to maximize the performance of the agencies on behalf of our clients, our shareholders and our people by operating as a parent and collaborator in performance-enhancing activities such as trading, content creation, sports, digital, finance, talent, proprietary tool development and other business-critical capabilities. The agencies that comprise GroupM are all global operations in their own right with leading market positions.
The focus of GroupM is the intelligent application of physical and intellectual scale to benefit trading, innovation, and new communication services, to bring competitive advantage to our clients and our companies. For more information on GroupM, our agencies and WPP please visit www.groupm.com
Philippine market overview
In recent years, the Philippines has emerged as one of the fastest growing economies in Southeast Asia. Al-Jazeera noted the market demonstrating “an unprecedented period of macro-economic buoyancy and political stability”, spurring both domestic and international business growth.
It is also one of the largest and fastest growing digital markets in Southeast Asia, with growth expecting to increase exponentially in the next few years. With a population of 108m and where the internet penetration is predicted to hit 50% in 2017, coupled with the Philippines’ vibrant economic growth and the expansion of its digital footprint makes it an exciting place for media players and talent to be.