Sourcing Market Data Services

2 weeks ago

Navi Mumbai, Maharashtra, India Classified Jobs Full time

Responsibilities

We are currently seeking a Expert to join the Sourcing Market Data Services. The individual needs to be a dynamic, highly client-focused individual with proven experience within Market Data.

The individual will have experience in working with the main suppliers in globally of Market Data.

Main responsibilities will include:

  • Establish and maintain strong relationships with internal, client and supplier stakeholders.
  • Conduct market tenders, benchmark activities and manage the evaluation across cross-functional teams to determine selected suppliers.
  • Sourcing of indirect spend category Market Data Services globally.
  • Lead, prepare and execute the RF(x) processes.
  • Support analysis of proposals and producing recommendations.
  • Negotiate deals to achieve optimal commercial, products/services, compliance and contractual outcomes
  • Draft contracts based on standard terms and conditions.
  • Identify ways to improve related business-as-usual processes.
  • Day-to-day operational process management and support of relevant operational and P2P processes to ensure accurate and timely ordering and receipt of goods and services.

Requirements

  • University degree in Business Administration, Finance, Economics, Supply Chain Management or equal (bachelor's degree).
  • General understanding of Sourcing Operations and Tactical Buying processes and best practice.
  • Minimum (5+ years) of progressive experience in indirect procurement and 5+ years in specific category of Market Data Services in an international (corporate) environment.
  • Experience in review, negotiation, and execution of contracts with vendors.
  • Experienced in conducting tenders (RFI, RFP, RFQ).
  • Specific know-how in Market Data Services and other professional services is preferred.
  • Understanding of typical risks and contractual mitigation/management of such. Problem-solving, relationship management, escalation management and influencing skills with a strong customer-service orientation.
  • High attention to details.
  • Experience in working with market leading sourcing tools/systems would be a plus.
  • Excellent English (native, C1 or equivalent) written and verbal communication skills. Any additional language considered a plus

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