Job title: Market Data Commercial Manager
Location: London (Hybrid working)
Contract length: 6 months
Are you an experienced Market Data & Procurement professional looking to drive high-impact commercial negotiations across global financial markets?
Randstad Sourceright, a leading provider of RPO & MSP Recruitment Services is currently seeking a strategic and results-driven Market Data Commercial Manager to join their Market Data Strategy team in London on a 6-month contract. In this key position, you will govern, optimise and strategically manage major vendor relationships across market data, reference data, indices and benchmark providers.
Key Responsibilities
- Supplier Governance & Negotiation: Drive high-stakes vendor negotiations and commercial evaluations alongside major index and market data suppliers
- Cost Optimisation & Budget Management: Implement cost-reduction initiatives, oversee multi-million-pound spending and secure sustainable commercial savings
- Contract & Licensing Management: Oversee licensing audits, contractual terms and supplier delivery to maintain compliance and strategic alignment
- Cross-Functional Stakeholder Engagement: Serve as a trusted advisor to senior leaders across Trading, Investments, Technology, Legal, Finance and Compliance
- Regulatory Compliance: Guarantee that vendor arrangements align with benchmark regulation and UK/EU legal frameworks
What We Are Looking For
- A background managing market data, procurement or commercial vendor relationships within investment banking, asset management or major data providers
- Demonstrated background delivering large-scale licensing deals covering reference data, indices and financial market products
- Strong capability in financial forecasting, budget administration and delivering systematic cost savings
- Outstanding interpersonal capabilities, analytical mindset and a highly collaborative approach to negotiation
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Market Data Commercial Manager employer: Randstad Sourceright
Randstad Sourceright is an exceptional employer, offering a dynamic work culture that prioritises safety and collaboration in the renewable energy sector. Employees benefit from comprehensive training and development opportunities, fostering personal and professional growth while contributing to impactful projects in Lowestoft. With a commitment to sustainability and innovation, working here means being part of a forward-thinking team dedicated to making a difference.
