Sourcing Manager – Category Lead of Market Data, Trading Services & Legal Services

Location: Montreal

Responsibilities
Strategic Sourcing within Société Générale ( SG ) Americas Sourcing Department supports the overall goals of the Global Sourcing Department in Paris ( ACHA/DIR ) to optimize and control SG's cost structure while mitigating commercial, operational, and legal risks. This role is responsible for sourcing and supplier management activities across the Market Data, Trading Services, and Legal Services categories for the Americas region.

The position partners closely with Front Office, Research, Legal, Compliance, Operations, Technology, and Finance stakeholders to execute sourcing initiatives, negotiate commercial agreements, manage supplier relationships, and identify opportunities to generate value through cost savings, process improvements, supplier optimization, and risk mitigation.

Strategic Sourcing

Lead sourcing initiatives across Market Data, Trading Services, and Legal Services categories.

Manage competitive sourcing events, including RFIs, RFPs, and RFQs.

Conduct spend analysis, supplier market research, benchmarking, and commercial evaluations.

Develop sourcing strategies aligned with business objectives and category priorities.

Lead commercial and contractual negotiations, including drafting and negotiating both legal and commercial terms and conditions in agreements such as MSAs, Order Forms, License Agreements, Data Agreements, Engagement Letters, NDAs, and Statements of Work.

Lead complex, high-value sourcing initiatives and enterprise-level negotiations.

Deliver against defined savings, cost avoidance, and efficiency targets.

Identify opportunities for supplier consolidation, demand management, and process improvements.

Market Data Category
Manage sourcing activities for:

Market data providers

Pricing and reference data services

Real-time and delayed data feeds

Market data terminals and desktop solutions

Exchange data licensing

Research and analytics subscriptions

Financial information platforms

Index and benchmark providers

Key responsibilities include:

Negotiating market data licensing agreements and subscription renewals.

Managing exchange fee structures and vendor licensing requirements.

Conducting usage reviews and entitlement optimization exercises.

Benchmarking pricing and commercial terms across providers.

Supporting business stakeholders in evaluating new market data products and services.

Examples of suppliers may include:

Bloomberg

LSEG (Refinitiv)

ICE Data Services

Fact Set

Morningstar

S&P Global

Moody's

Trading Services Category
Manage sourcing activities for:

Electronic trading platforms

Execution management systems (EMS)

Order management systems (OMS)

Trading connectivity and network services

Exchange and venue connectivity

Trading infrastructure services

Market access solutions

Post-trade and trade support services

Key responsibilities include:

Supporting sourcing initiatives related to trading technology and market connectivity.

Negotiating commercial agreements with trading service providers.

Collaborating with Front Office, Electronic Trading, Infrastructure, and Operations teams.

Evaluating supplier performance and service-level commitments.

Assessing opportunities for cost optimization and service enhancements.

Legal Services Category
Manage sourcing activities for:

External law firms

Regulatory and compliance advisory services

Litigation support services

Legal managed services

E-discovery services

Intellectual property services

Contract management services

Key responsibilities include:

Negotiating rate cards, fee arrangements, and engagement terms with law firms and legal service providers.

Managing alternative fee arrangements (AFAs) and fixed-fee engagements.

Supporting legal panel reviews and law firm selection processes.

Conducting benchmarking and spend analysis across legal service…