Global Procurement Lead - Market Data

About the role

A leading global financial institution is hiring a Procurement Sourcing Lead for its global Market Data procurement team, supported by 1st Executive. The role is based in London, Manchester, Glasgow or the Northern Home Counties and is permanent, with a salary of £90,000 to £110,000 per year. You will lead and develop a small team, set clear priorities and build the team's sourcing capability.

Key responsibilities

• Take ownership of two sub-categories within the wider Market Data portfolio, such as terminals / desktop services, pricing and reference data, data feeds, exchange data and fees, indices and benchmarks, credit ratings data, research and analytics.
• Develop and deliver global category strategies, managing end-to-end sourcing from opportunity assessment and business case development through supplier negotiation and contract execution.
• Work closely with senior business and Procurement stakeholders to align sourcing plans with business priorities.
• Identify opportunities to optimise spend and improve supplier performance, delivering measurable benefits on cost, quality, service and innovation while managing risk and compliance.

Required profile

• Proven team management experience, with the ability to coach colleagues and build capability.
• Strong Market Data procurement and category management experience.
• Track record of delivering complex sourcing projects and multi-year category strategies.
• Excellent negotiation, analytical and communication skills.
• Commercial judgement and relationship-building skills to influence senior stakeholders across a global organisation.