Senior Manager, Market Data Services
Senior Manager, Market Data Services

Senior Manager, Market Data Services

City of London Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team to deliver tailored procurement solutions and optimise client relationships.
  • Company: Join Chain IQ, a global AI-driven Procurement Service Partner with a culture of innovation.
  • Benefits: Dynamic international environment, competitive salary, and opportunities for personal growth.
  • Why this job: Shape the future of procurement while making a real impact in a collaborative setting.
  • Qualifications: 7+ years in market data services, excellent communication, and relationship-building skills.
  • Other info: Be part of a Great Place to Work-certified team focused on high performance and purpose.

The predicted salary is between 43200 - 72000 Β£ per year.

Title: Senior Manager, Market Data Services

Location: London, GB

Date: Oct 18, 2025

At Chain IQ, your ideas move fast.

Chain IQ is a global AI-driven Procurement Service Partner, headquartered in Baar, Switzerland, with operations across main centers and 16 offices worldwide. We provide tailored, end-to-end procurement solutions that enable transformation, drive scalability, and deliver substantial reductions in our clients\’ indirect spend. Our culture is built on innovation, entrepreneurship, ownership, and impact. Here, your voice matters – bold thinking is encouraged, and action follows ambition.

Key Responsibilities

  • Lead a team on client site, ensuring successful delivery against client targets.
  • Establish and maintain strong client relationships, understanding their business practices and requirements.
  • Shape and negotiate deals to achieve optimal commercial terms, tailored to client needs.
  • Lead assigned MDS initiatives, including demand management and savings challenges, across varying scopes and scales.
  • Understand the Market Data Operational tasks at a high level and understand KPIs
  • Build and present tailored solutions for initiatives while ensuring alignment with client objectives.
  • Review and negotiate vendor contracts, ensuring beneficial terms and conditions for the client.
  • Provide advice on best practices for contract management, licensing issues, and compliance with usage rights.
  • Maintain MDS industry awareness to contribute to the value chain and identify displacement opportunities.
  • Develop and implement demand management strategies to optimize costs and operational efficiency.
  • Generate accurate business and financial reports to aid decision-making and performance tracking.
  • Drive cost efficiency exercises by leveraging spend analysis, RFPs, and savings opportunities.
  • Maintain and manage a comprehensive global MDS inventory to support business operations.
  • Oversee the ordering and cancellation of MDS services to ensure efficient service delivery.
  • Manage financial processes, including invoice validation, internal cost allocations, and vendor balance accuracy.
  • Facilitate third-party declarations to support compliance and smooth workflows.
  • Adhere to corporate standards, tools, and processes to ensure consistency in sourcing initiatives and delivery.
  • Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.

Your profile

  • University degree (Bachelor or Master)
  • 7+ years’ experience working with MDS vendors and their services
  • Excellent communication and interpersonal skills
  • Excellent networking and relationship-building skills at all levels of an organization together with the ability to work effectively in a matrix environment.
  • Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
  • Experience in working with MDS related sourcing tools, practices, and systems
  • Desirable – understanding of UK contract law
  • Professional team player, motivated and highly flexible

Note: Information for agencies: Applications sent or uploaded by placement agencies or similar are not desired, will therefore not be considered and will be deleted.

Join a truly global team.

We offer a dynamic and international environment where high performance meets real purpose. We\\\’re proud to be Great Place to Work-certified and even prouder of the people who make that possible. Let’s shape the future of procurement – together.

Chain IQ – Create. Lead. Make an impact.

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Senior Manager, Market Data Services employer: Chain IQ

At Chain IQ, we pride ourselves on fostering a dynamic and innovative work culture that empowers our employees to make a real impact. Located in the vibrant city of London, our team enjoys a collaborative environment where bold ideas are encouraged, and professional growth is supported through tailored development opportunities. As a Great Place to Work-certified company, we offer competitive benefits and a commitment to employee well-being, making us an excellent employer for those seeking meaningful and rewarding careers in procurement.
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Contact Detail:

Chain IQ Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Manager, Market Data Services

✨Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Senior Manager role.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show them you’re not just another candidate – you’re the right fit for Chain IQ!

✨Tip Number 3

Practice your pitch! You need to be able to clearly articulate your experience and how it relates to the role. Think about specific examples from your past that demonstrate your skills in managing client relationships and leading teams.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our team at Chain IQ. Let’s shape the future of procurement together!

We think you need these skills to ace Senior Manager, Market Data Services

Client Relationship Management
Negotiation Skills
Market Data Services Knowledge
Demand Management
Contract Management
Financial Reporting
Cost Optimisation
Operational Efficiency
Interpersonal Skills
Networking Skills
Matrix Environment Experience
Time Management
MDS Sourcing Tools Proficiency
Understanding of UK Contract Law
Team Collaboration

Some tips for your application 🫑

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Manager, Market Data Services role. Highlight your experience with MDS vendors and any relevant achievements that showcase your ability to lead teams and manage client relationships.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about procurement and how your background makes you the perfect fit for our team. Don’t forget to mention specific examples of how you've driven cost efficiency or managed vendor contracts in the past.

Showcase Your Communication Skills: Since this role requires excellent communication and interpersonal skills, make sure your application reflects that. Use clear and concise language, and don’t shy away from demonstrating your networking abilities and relationship-building experiences.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our dynamic team at Chain IQ!

How to prepare for a job interview at Chain IQ

✨Know Your Market Data Inside Out

Before the interview, make sure you brush up on your knowledge of market data services and the latest trends in the industry. Familiarise yourself with key performance indicators (KPIs) relevant to the role, as well as any recent developments that could impact procurement strategies.

✨Showcase Your Relationship-Building Skills

Since this role involves establishing strong client relationships, prepare examples of how you've successfully built rapport with clients in the past. Think about specific situations where your communication and interpersonal skills made a difference, and be ready to discuss these during the interview.

✨Prepare for Negotiation Scenarios

Given the importance of shaping and negotiating deals, practice discussing your negotiation strategies. Be ready to share examples of how you've achieved optimal commercial terms in previous roles, and think about how you would approach negotiations in this new position.

✨Demonstrate Your Team Leadership Experience

As a Senior Manager, you'll be leading a team, so it's crucial to highlight your leadership experience. Prepare to discuss how you've managed teams in the past, including how you've handled conflicting priorities and tight deadlines while still delivering results.

Senior Manager, Market Data Services
Chain IQ
Location: City of London
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  • Senior Manager, Market Data Services

    City of London
    Full-Time
    43200 - 72000 Β£ / year (est.)
  • C

    Chain IQ

    50-100
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