Vice President Of Strategy, Data Services

VP Of Strategy For Data Services

LexisNexis® Risk Solutions provides customers with innovative technologies, information-based analytics, decisioning tools and data management services that help them solve problems, make better decisions, stay compliant, reduce risk and improve operations. We meet the needs of our customers every day and serve a variety of segments: Financial Services, Collections and Payments, Insurance, Government, Healthcare, Commodities, Aviation, Human Resources and Tax.

The opportunity

The world around us is changing faster than ever with markets, technology and customer expectations evolving at speed. As VP of Strategy for Data Services, you will own and drive the strategic agenda across our markets. Operating as a trusted adviser to executive leadership you will define where to play and how to win, translate strategy into clear priorities to maximise business opportunity, and ensure disciplined execution that delivers sustainable growth and long-term value creation.

Key Accountabilities

Developing the business strategy for the group

• Own and lead the development of portfolio level strategy and operating plans for Data Services and in each business segment to drive innovation and increase both scale and customer value
• Own the creation, evolution, communication and execution of group and segment vision and purpose along with strategic goals to exceed both short, and long term, business objectives
• Act as a trusted strategic advisor to the executive team and senior leaders, partnering to shape the strategic direction of the Data Services businesses: framing critical strategic questions, trends, technologies and evolving market needs to drive structuring decision-making
• Translate strategy into clear strategic choices, investment priorities and measurable outcomes, enabling leadership teams to act decisively
• Develop and lead a high performing strategy team and capability across the businesses, setting standards for analytical rigour and strategic thinking

Growth, M&A & Ecosystem Strategy

• Identify and evaluate new growth opportunities within our core segments, adjacencies and emerging digital ecosystems. Helping to evolve our product strategies and business models to meet changing customer needs
• Build and manage a cross Data Services M&A pipeline, working closely across brands, with RELX corporate finance and Risk M&A teams
• Develop and lead strategic initiatives across the portfolio, both enterprise wide and within each segment organisation, such as entry into adjacent segments/markets, commercial strategy and portfolio prioritisation. Evaluating strategic partnerships, acquisitions and divestments
• Understand where each segment can maximise its opportunity in the data ecosystems in which they operate to enhance customer engagement and commercial outcomes

Market and Customer

• Develop a deep, data and relationship-driven understanding of market fundamentals, including customer workflows, current value, unmet needs, market sizing, competitive positioning, regional differentiation and business models. Ensuring a data-driven deep understanding of our customers and the value we deliver
• Ensure our strategic plans are based on solid market intelligence and customer insights
• Deepen our understanding of key drivers and barriers in each segment, informing our strategic planning
• Stay ahead of new market, technology and other trends to consider business opportunities, risks and impact.
• Conduct regular strategic reviews of key projects and performance. Establish data-driven progress measures for executing our strategies. Track the execution of our strategies, surface issues to address and course-correct as needed

Qualifications, skills & experience

Experience and qualifications

• Significant experience in senior strategy roles within data, technology, analytics, information services, or related B2B information organisations
• Proven track record of developing and executing growth strategies in complex, multi‑product or multisector environments to exceed plan
• Demonstrated capability to drive decisions strategically, analytically and thoughtfully. A self-starter with ability to balance numerous initiatives simultaneously
• Demonstrated ability to evolve business and commercial models (e.g. operating models, pricing, packaging, routes to market and partnership constructs) in line with strategic direction and portfolio priorities
• Deep understanding of data and analytics business models, including platform economics, scaling and value creation
• Strong financial acumen with the ability to link strategy to commercial performance and capital allocation
• Extensive experience of M&A, strategic alliances and detailed commercial negotiations

Leadership & influence

• Excellent communication skills and ability to influence people at all levels across all disciplines to ensure successful outcomes (both internally & externally)
• Proven track record of driving cross functional alignment with demonstrated success at defining an agenda despite inherent conflicting opinions, demands, and priorities
• Curious and willing to ask questions to challenge the status quo in order to provide improved customer, employee and business outcomes
• Strong and demonstrated experience in effective negotiations