Sourcing Market Data Services

Role Overview

• 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