Sourcing Market Data Services

5 years

0 Lacs

Posted:1 week ago| Platform: SimplyHired logo

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Job Description

Title: Sourcing Market Data Services

Location: Navi Mumbai, IN
Date: Jul 28, 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.


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


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.

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

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