Job title: Senior Associate, Video Commercial Investment New York, New York

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Company: Midas

Job description: Description

Position at Midas Exchange

Overview:
Negotiate, buy and maintain national broadcast media schedules. Negotiators work closely with their Manager to ensure that final buys deliver on the approved plan objective and strategy. Responsible for overseeing, training, and development of Assistant Negotiators.

Your Impact:

• Implementation:

• Provide analytical support in development of buying scenarios and learn to build
• Build buying scenarios independently of Manager
• Revise scenarios in real time based on marketplace conditions
• Develop estimated CPMs for non-deal networks
• Perform roll-up analysis

• Sub-segments, M/F skew, maintain / improve upon MRI / 3rd party indices
• Analyze upfront and scatter proposals
• Register client requirements and deal specifications with networks

• Evaluate network plans
• Analyze deal-pricing for accuracy
• Negotiate off-deal pricing with guidance from Manager
• Negotiate marketing elements
• Submit deal specifications upon order
• Update roll-up throughout negotiation process
• Create and populate backup materials for purchase recommendations
• Ensure the documentation of all negotiations, make-goods and credits
• Ensure the accuracy of MediaOcean inputting, buys and order forms
• Review client billing for accuracy
• Stewardship:

• Re-estimate, update and adjust all ratings per client demographic, per quarter
• Analyze buy performance, i.e. post-buys, positioning reports
• Track media expenditures to ensure agency and budget compliance
• Run commercial time period rotation and pod position reports
• Oversee management of commercial inventory allocation and maintenance process, including monitoring audience delivery, delivering weekly GRPs goals, negotiating make-goods, and ensuring marketing runs correctly
• Collaborate with the media team members to resolve media billing issues
• Review Assistant generated client reporting (hit-times, program highlights)
• Input client billing lines
• Marketplace Analysis:

• Communicate regularly with vendors to understand their marketplace conditions
• Compile and analyze marketing and media data to support implementation decisions
• Demonstrate working knowledge of marketplace trends, news, and innovations
• Departmental Responsibilities & Professional Development:

• Attend media presentations internally and outside the Agency
• Build and maintain working relationships with vendors to ensure quality buys
• Develop understanding of Corporate Trade as it relates to fulfillment of media obligations
• Maintain up to date knowledge of the national broadcast marketplace and its opportunities
• Complete or support Development Program materials to provide quarterly feedback to Assistants
• Participate in buddy program (optional) to assist in on-boarding of new hires
• Volunteer for department committees; Midas Advisory Council, Culture club
• Ad Hoc projects and other responsibilities to be added as needed
• Work closely with Manager for additional exposure to their responsibilities

What We Love About This Position:

Midas supports career development and growth through the Midas “Media 101” Assistant Negotiator training program along with quarterly check-ins with your Media Manager.

You will be exposed to multiple advertising categories, brands, demographics, networks, etc. Prepare to learn something new every day!

You will be part of an upbeat work environment that truly cares about promoting positivity in the work place through the “Midas Culture Club.” This club is designed to plan agency-wide events in order to boost team morale and foster stronger relationships between employees.

Join our Annual Midas Fantasy Football league, where all employees are welcome to participate regardless of experience/knowledge of the sport.

Your Qualifications:

• Bachelor’s degree in advertising, marketing, business administration, and communications; OR equivalent professional work experience

Midas Exchange is a consultative-focused media and asset trading firm that provides innovative, strategic marketing and financial solutions to business-savvy executives and their corporations. Our position as a WPP company enables us to develop and execute transformative media and asset trading programs that deliver higher ROI and sales revenue for our clients and partners. Our staff of industry leading executives, experienced in all facets of media and asset trade disciplines, work collaboratively with clients and partners to develop customized trading programs that are held to WPP’s high standards of accountability and delivery. Midas Exchange is headquartered in New York with the global footprint of WPP. For more information, visit: www.midas-exchange.com

GroupM and all its affiliates embrace and celebrate diversity, inclusivity, and equal opportunity. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We are a worldwide media agency network that represents global clients. The more inclusive we are, the more great work we can create together.

Expected salary:

Location: New York City, NY

Job date: Sat, 11 Jun 2022 02:48:13 GMT

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