Market Data Manager - Leading Trading Company

Avanda Group AG; France; Hybrid; EUR 130,000 - 170,000; Full time

Job summary

Avanda Group AG, IT & Digital Professional Services Consultancy, is seeking a Market Data Manager for a major European energy trading client. This full-remote role partners with energy and commodity markets and requires strategic procurement of data services across multiple markets.

Based remotely from Hungary, you will lead vendor negotiations with Bloomberg, Reuters, ICE, and others, own P&L for market data spend, and drive cost optimization while ensuring data quality and coverage.

Qualifications

• 8-10 years in market data management within energy trading/commodities/financial services.
• Proven track record in procurement and vendor management with strong negotiation skills.

Responsibilities

• Lead initiatives for market data services across energy and commodity markets.
• Negotiate complex contracts with major data providers (Bloomberg, Reuters, ICE, energy specialists).
• Manage vendor relationships from commercial and contractual perspectives.
• Drive cost optimization initiatives while maintaining data quality and coverage.
• Own P&L responsibility for market data spend and budget management.

Skills

Market data management

Procurement

Vendor management

Contract negotiation

Energy markets knowledge

Data-driven decisions

Tools

Bloomberg

Reuters

ICE

Job description

IT & Digital Professional Services Consultancy.
We connect talents with global end companies — fast, discreet, and with precision.

Job Description

This is a remote position.

Join a major European energy trading company as Market Data Manager, leading strategic procurement of critical market data services supporting energy trading operations across multiple markets. Full remote work from Hungary.

YOUR RESPONSIBILITIES

• Lead initiatives for market data services across energy and commodity markets
  
• Negotiate complex contracts with major data providers (Bloomberg, Reuters, ICE, energy specialists)
  
• Manage vendor relationships from commercial and contractual perspectives
  
• Drive cost optimization initiatives while maintaining data quality and coverage
  
• Own P&L responsibility for market data spend and budget management
  
• Develop business cases for new data subscriptions and platform investments
  

Requirements

• 8-10 years market data management experience (energy trading/commodities/financial services)
  
• Proven track record in procurement and vendor management with strong negotiation skills
  
• Experience with major data providers (Bloomberg, Reuters, ICE, Platts, etc.)
  
• Understanding of energy markets from a data procurement perspective