Senior Procurement Specialist Market Data Services (MDS)

• Manage the procurement of Market Data Services and financial-information products.
  
  


• Handle vendors such as Bloomberg, FactSet, Refinitiv/LSEG, rating agencies, exchanges and similar service providers.
  
  


• Manage contracts, subscriptions, renewals, licences and vendor invoices.
  
  


• Maintain accurate records of market-data products, users, costs and contract terms.
  
  


• Use Optimize Spend or a similar platform to monitor inventory, usage and expenditure.
  
  


• Review subscriptions and identify unused, duplicated or unnecessary services.
  
  


• Negotiate pricing, commercial terms and renewal conditions with vendors.
  
  


• Support cost-saving and spend-optimisation initiatives.
  
  


• Ensure compliance with vendor licensing requirements and contractual obligations.
  
  


• Coordinate with Procurement, Finance, IT and relevant business teams.
  
  


• Prepare spend reports, renewal schedules and vendor-performance updates.
  
  


• Support budgeting and forecasting for market-data expenditure.
  
  

Requirements

• Approximately 8–10 years of relevant procurement experience.
  
  


• Strong, hands-on experience in Market Data Services procurement and vendor management.
  
  


• Experience managing Bloomberg, FactSet, Refinitiv/LSEG, rating agencies, exchanges or similar providers.
  
  


• Good understanding of financial-data subscriptions, licensing models and usage rights.
  
  


• Experience managing contracts, renewals, vendor invoices and market-data spend.
  
  


• Hands-on knowledge of Optimize Spend or a similar MDS inventory and spend-management system.
  
  


• Strong commercial negotiation and cost-optimisation skills.
  
  


• Previous experience in financial services is strongly preferred.
  
  


• CIPS or an equivalent recognised procurement qualification is an advantage.
  
  


• Experience working with reputable, well-established organisations.
  
  


• Stable employment history with good tenure in previous roles.
  
  


• Strong communication, stakeholder-management and analytical skills.
  
  


• Availability to join around the end of January or beginning of February.
  
  

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