Senior Buying Executive
7 months ago
**About GroupM**
GroupM is the leading global media investment management operation. It serves as the parent company to WPP media agencies Wavemaker, EssenceMediaCom, Mindshare, and MSix.
Its primary purpose is to maximize the performance of WPP’s media communications 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, 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.
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**About the team**
GroupM provides products and services to the GroupM agencies. These range from technology solutions through to training programs. Conceptually the GroupM team exists to facilitate efficiencies in the Agencies themselves and provide thought leadership to them.
The Trading team is one of the core units in GroupM with a primary focus on negotiating, managing, and delivering all the media deals for all Media Owners. People within our team deliberate and formulate trading strategies, technology innovation, deal efficiencies and new revenue across the whole media working closely with the different Agency teams. The core aim is to allow agencies to have their individual USPs whilst using the size and buying power of the combined group to drive more cost-effective and better managed deals.
**The Role Objective**
This role will sit within the GroupM MENA trading team; responsible for all AV deals across the major broadcasters TV and Digital. These trading arrangements all deliver supply for our GroupM products such as Finecast, Xaxis, iDooh and Audio. They will be interested in this area and keen to learn the nuances between our deal partners, work close with our agency partners and be able to communicate internally and externally.
The role is a supportive role to the Trading Managers of which there are three and interlinks into multiple functions in the media team and across GroupM trading and agency buying teams. The Trading Executive will report into the Trading Manager.
**Responsibilities**
- Support for Trading Managers such as managing Deal spends, Tech edge runs, Barb reporting, excel management.
- Allocating and booking supply based on demand revenues.
- Tracking delivery versus key deals.
- Day to day communication with agency on delivering against targets.
- Monitoring and updating reports for AV trading deals.
- Spend and delivery reconciliation across the year/deal period.
- Working closely with the business process team to ensure auditing process runs smoothly.
- Working closely with the GMSM trading team and supporting VOD reconciliations.
- Build knowledge of the market through regular communications and meetings with existing and new supply partners.
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**Experience, Skills, and Behaviors**
- Strong communication skills; personable, charismatic and quick to form relationships.
- Commercially minded; able to recognize opportunity.
- Solution-orientated - someone who assesses and is comfortable to challenge where required.
- Effective time management skills and goals oriented - ability to prioritize and meet deadlines in a fast-paced environment.
- Possess excellent numeracy skills - evidence of having approached problems from a mathematical perspective and working through to a solution in a logical way.
- Strong sense of initiative and personal ownership.
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