Global Procurement Lead - Market Data

1st Executive Ltd; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

1st Executive Ltd is supporting a leading global financial institution in hiring a Procurement Sourcing Manager to join its Market Data procurement team. The role is based in London with additional locations in Manchester, Glasgow or Northern Home Counties, and you'll lead a small team and own two sub-categories: data feeds and research & analytics.

You will develop and deliver global category strategies, manage end-to-end sourcing from opportunity assessment to contract execution, and align

Qualifications

• Proven team management experience.
• Strong Market Data procurement and category management experience.
• Track record delivering complex sourcing projects and multi-year category strategies.
• Excellent negotiation, analytical and communication skills.
• Commercial judgement and ability to influence senior stakeholders.

Responsibilities

• Develop and deliver global category strategies.
• Manage end-to-end sourcing activity from opportunity assessment to contract execution.
• Collaborate with senior stakeholders to align sourcing plans with business priorities.
• Identify opportunities to optimise spend and improve supplier performance.
• Deliver measurable benefits across cost, quality, service and innovation while managing risk and compliance.

Skills

Team management

Market Data procurement

Category management

Negotiation

Analytical skills

Communication skills

Stakeholder management

Commercial judgement

Job description

We're supporting a leading global financial institution in hiring a Procurement Sourcing Manager to join its global Market Data procurement team.

Either London, Manchester, Glasgow or Northern Home Counties

You'll lead and develop a small team, set clear priorities and build the team's sourcing capability. Alongside this, you're likely to take ownership of two sub-categories within the wider Market Data portfolio:

Data feeds

Research & analytics

What you'll be doing

You’ll develop and deliver global category strategies, managing end-to-end sourcing activity from opportunity assessment and business case development through to supplier negotiation and contract execution.

Working closely with senior business and Procurement stakeholders, you'll align sourcing plans with business priorities, identify opportunities to optimise spend and improve supplier performance, and deliver measurable benefits across cost, quality, service and innovation while managing risk and compliance.

What we're looking for

Proven team management experience, with the ability to coach colleagues and build capability.

Strong Market Data procurement and category management experience.

A track record of delivering complex sourcing projects and multi-year category strategies.

Excellent negotiation, analytical and communication skills.

The commercial judgement and relationship-building skills to influence senior stakeholders across a global organisation.