Title: Manager, Market Data Services
London, GB
About Chain IQ
Chain IQ is an Independent Global Indirect Procurement company providing strategic, tactical, and operational procurement services. Headquartered in Zurich, Switzerland Chain IQ operates from 6 main centers and 14 offices worldwide.
Our team of experts work to transform procurement within an organization utilizing our market knowledge and insights supported by innovative technology to drive procurement efficiencies.
We apply the latest risk, sustainability, and social responsibility practices to strengthen procurement resilience. Chain IQ’s approach to ESG supports ethical operations, business standards and bio-diversity whilst minimizing environmental impact.
- Lead a team on client site, ensuring successful delivery against client targets.
- Establish and maintain strong client relationships, understanding their business practices and requirements.
- Shape and negotiate deals to achieve optimal commercial terms, tailored to client needs.
- Lead assigned MDS initiatives, including demand management and savings challenges, across varying scopes and scales.
- Understand the Market Data Operational tasks at a high level and understand KPIs
- Build and present tailored solutions for initiatives while ensuring alignment with client objectives.
- Review and negotiate vendor contracts, ensuring beneficial terms and conditions for the client.
- Provide advice on best practices for contract management, licensing issues, and compliance with usage rights.
- Maintain MDS industry awareness to contribute to the value chain and identify displacement opportunities.
- Develop and implement demand management strategies to optimize costs and operational efficiency.
- Generate accurate business and financial reports to aid decision-making and performance tracking.
- Drive cost efficiency exercises by leveraging spend analysis, RFPs, and savings opportunities.
- Maintain and manage a comprehensive global MDS inventory to support business operations.
- Oversee the ordering and cancellation of MDS services to ensure efficient service delivery.
- Manage financial processes, including invoice validation, internal cost allocations, and vendor balance accuracy.
- Facilitate third-party declarations to support compliance and smooth workflows.
- Adhere to corporate standards, tools, and processes to ensure consistency in sourcing initiatives and delivery.
- Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.
Your profile:
- University degree (Bachelor or Master)
- 10+ years’ experience working with MDS vendors and their services
- Excellent communication and interpersonal skills
- Excellent networking and relationship-building skills at all levels of an organization together with the ability to work effectively in a matrix environment.
- Strong negotiating skills
- Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
- Experience in working with MDS related sourcing tools, practices, and systems
- Desirable – understanding of UK contract law
- Professional team player, motivated and highly flexible
We are Great Place To Work® certified in Switzerland, the United States, the United Kingdom, Singapore, Romania, Poland and China.
We proudly offer a first-class benefits package to all employees, so come and join Chain IQ and become part of an innovative, inspiring, and high-performing team of entrepreneurs, who are globally connected and locally anchored.
Please let us know if you require any assistance during the recruitment process so that we can work with you to meet your needs.
Furthermore, please be advised that if you submit an application to us for this position, your application and personal details will be processed in accordance with our Data Privacy Notice for Job Candidates.
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CHAIN IQ does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact our CHAIN IQ recruitment team to obtain prior written authorisation before referring any candidates. In the absence of such written authorisation being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of CHAIN IQ. CHAIN IQ shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies in respect of the vacancies posted on this site