Job Title:
Sourcing Market Data Services
Company: Classified Jobs
Location: Pune, Maharashtra
Created: 2025-11-20
Job Type: Full Time
Job Description:
ResponsibilitiesWe 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.