Title:  Sourcing MDS & BS - Expert

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.

Join our Team

It is an exciting time at Chain IQ and our team in Mumbai are looking for a Expert in Sourcing Market Data Service.

Chain IQ generate value far beyond cost reduction. We transform our client’s indirect procurement towards a world-class, resilient, ethical and digitalized end-to-end function. We promote a culture of collaboration and shared excellence while encouraging an open and honest exchange of ideas. We offer the potential for significant corporate growth and career development.

Our ambition is to strengthen the existing highly experienced team to provide the best in industry support to our growing client base.

Role Purpose

The primary purpose is to deliver value-add sourcing services to clients in a structured, professional and consistent manner.

Responsibilities

We are currently seeking a Expert to join the Sourcing Market Data Services. The Expert 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

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.

Important notice to Employment Businesses/Agencies:

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