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- Tasks: Lead strategic sourcing initiatives in Market Data Services and negotiate optimal vendor contracts.
- Company: Join a leading business consulting firm with a focus on innovation.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Make a real impact by optimising spend and driving performance in a key business area.
- Qualifications: Bachelor's or Master's degree and 4+ years in MDS sourcing required.
- Other info: Ideal for those looking to advance their career in a fast-paced industry.
The predicted salary is between 43200 - 72000 £ per year.
We are seeking a senior sourcing expert to lead initiatives in Market Data Services (MDS). This role requires strategic thinking, strong commercial acumen, and the ability to build trusted relationships with senior stakeholders.
Key Responsibilities
- Develop and execute complex sourcing strategies for MDS categories (e.g., terminals, data, ratings, indices, exchanges).
- Negotiate optimal commercial terms and manage vendor contracts, ensuring compliance and value delivery.
- Act as a trusted advisor to senior stakeholders, aligning sourcing solutions with business objectives.
- Monitor market trends, identify innovation opportunities, and implement demand management strategies to optimize spend.
- Provide accurate reporting, ensure governance standards, and drive performance across sourcing initiatives.
Your profile
- Bachelor's or Master's degree in a relevant field.
- Minimum 4 years of end-to-end experience in MDS sourcing.
- Proven success in managing complex vendor relationships and executing category strategies.
Seniority level: Mid-Senior level
Employment type: Full-time
Industries: Business Consulting and Services
Procurement Market Data Services in London employer: Confidential
Contact Detail:
Confidential Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Market Data Services in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a role in Market Data Services. A friendly chat can lead to insider info or even a referral, which can double your chances of landing that interview.
✨Tip Number 2
Prepare for those interviews by researching the company and its market data services. Understand their challenges and think about how your experience aligns with their needs. This will help you stand out as a strategic thinker who can add real value.
✨Tip Number 3
Showcase your negotiation skills! Be ready to discuss past experiences where you've successfully negotiated contracts or managed vendor relationships. Use specific examples to demonstrate your commercial acumen and ability to deliver value.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications this way!
We think you need these skills to ace Procurement Market Data Services in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Procurement Market Data Services. Highlight your experience in sourcing strategies and vendor management, and don’t forget to showcase your commercial acumen!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain how your skills align with our needs. Mention specific examples of how you've built relationships with stakeholders and delivered value in previous roles.
Showcase Your Strategic Thinking: In your application, demonstrate your ability to think strategically about sourcing. Share insights on market trends or innovative solutions you've implemented in the past that could benefit us at StudySmarter.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role as quickly as possible!
How to prepare for a job interview at Confidential
✨Know Your Market Data Services
Before the interview, dive deep into the specifics of Market Data Services. Understand the key players, trends, and innovations in the industry. This knowledge will not only impress your interviewers but also help you align your experience with their needs.
✨Showcase Your Strategic Thinking
Prepare examples that highlight your strategic thinking and commercial acumen. Think about times when you've developed complex sourcing strategies or negotiated contracts. Be ready to discuss how these experiences can translate to success in their organisation.
✨Build Rapport with Stakeholders
Since this role involves building trusted relationships with senior stakeholders, practice how you'll communicate your ability to connect with others. Share stories that demonstrate your interpersonal skills and how you've successfully collaborated with various teams in the past.
✨Demonstrate Your Analytical Skills
Be prepared to discuss how you monitor market trends and implement demand management strategies. Bring examples of how your analytical skills have led to optimised spending or improved vendor relationships. This will show that you can drive performance across sourcing initiatives.
