Procurement Market Data Services
Listed on 2026-06-06
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Business
Business Management & Consulting, Business Analyst
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.
Role OverviewWe are seeking a dynamic and accomplished MDS professional to drive sourcing initiatives for Market Data Services (MDS) for a prestigious client. This visible role requires a strategic, proactive, and credible professional with relationship and communication skills.
The ideal candidate is a self‑starter with sourcing experience, strong commercial acumen, and the ability to build and manage trusted relationships with senior stakeholders. They will deliver on critical sourcing objectives across a wide range of MDS categories including terminals, data, ratings, indices, and exchanges, and develop relationships with key business stakeholders.
Responsibilities- Establish and maintain strong relationships with clients
- Understand the client’s business practices and requirements and shape deals to meet those requirements
- Conduct information and commercial tenders and manage the evaluation with the clients’ stakeholders to determine optimal supplier selection
- Negotiate deals to achieve optimal commercial terms for the client
- Lead assigned MDS initiatives (including demand and savings challenges) which will vary in terms of client, scope and scale
- Build and present potential solutions to assigned initiatives
- Review and negotiate vendor contracts terms and conditions to ensure the most beneficial impact for the client
- Provide advice on best practices for ongoing contract management and licensing issues
- Leverage knowledge and experience to manage and provide input to client cost efficiency exercises that will reduce costs and enhance data usage
- Provide advice on contract usage rights to ensure the client is compliant with existing terms and conditions
- Work with client on savings targets, displacement opportunities and RFPs where appropriate
- Maintain MDS industry awareness which will contribute to the Chain IQ MDS value chain
- Adhere to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives
- University degree (Bachelor or Master)
- 5+ years of experience in the end‑to‑end MDS process
- 5+ years of 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 and 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 with MDS related sourcing tools, practices, and systems
- Desirable – understanding of UK contract law
- Professional team player, motivated and highly flexible
- MDS Sourcing/Vendor Management specialist
- MDS Business Analysis
- MDS Administration Manager
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.
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