About the role

  • Expert to drive sourcing initiatives for Market Data Services within a major client organization. Role requires strategic, proactive professional with strong relationship and communication skills.

Responsibilities

  • Work on client site, ensuring high-quality delivery against agreed targets while fostering a culture of accountability, performance, and positivity.
  • Establish and maintain strong relationships with senior client stakeholders, acting as a trusted advisor and understanding their business drivers and sourcing requirements.
  • Shape and execute complex sourcing strategies, negotiating optimal commercial terms tailored to the client's evolving needs.
  • Own and drive MDS initiatives across diverse scopes, ensuring alignment with client objectives and delivering tangible business value.
  • Build and present tailored sourcing solutions that demonstrate commercial insight and strategic alignment.
  • Review, negotiate, and manage contracts with vendors, ensuring beneficial terms and ongoing compliance with licensing and usage rights.
  • Provide expert guidance on best practices in contract management, vendor engagement, and regulatory considerations.
  • Monitor market developments and vendor capabilities to identify innovation opportunities and potential displacements.
  • Implement demand management strategies to optimize spend, improve operational efficiency, and reduce cost.
  • Deliver accurate reporting and analysis to support financial planning, decision-making, and performance tracking.
  • Ensure consistent use of corporate standards, sourcing tools, and governance frameworks in all sourcing initiatives.

Requirements

  • Bachelor’s or master’s degree in a relevant discipline
  • Minimum of 8 years’ end-to-end experience in Market Data Services sourcing
  • Extensive experience working with MDS vendors and managing complex vendor relationships and agreements
  • Proven success in developing and executing category strategies
  • Positive, accountable, and proactive with the ability to inspire and influence teams and stakeholders
  • Exceptional communication and interpersonal skills with the ability to clearly articulate complex sourcing concepts
  • Strong negotiation and stakeholder management capabilities at senior levels
  • Highly organized, capable of managing multiple priorities and meeting tight deadlines
  • Comfortable operating in a matrixed, client-facing environment
  • Familiar with MDS sourcing tools, procurement systems, and reporting platforms
  • Professional, collaborative, and adaptable with a solution-oriented mindset

Benefits

  • The opportunity to shape sourcing strategy and deliver measurable commercial value
  • A supportive, collaborative environment committed to continuous improvement and excellence
  • Competitive remuneration and professional development opportunities

Job title

Sourcing Market Data Services

Job type

Experience level

SeniorLead

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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