Senior Manager, Market Data Services

Chain IQ; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A global procurement service partner in London seeks a Senior Manager, Market Data Services to lead client teams and ensure success. The ideal candidate will have over 7 years of experience with MDS vendors, excellent communication skills, and the ability to manage priorities in a dynamic environment. This is an opportunity to impact procurement strategies while fostering client relationships.

Benefits

Dynamic international working environment

Certification as a Great Place to Work

Qualifications

• 7+ years’ experience working with MDS vendors and their services.
• Experience in working with MDS related sourcing tools, practices, and systems.
• Desirable – understanding of UK contract law.

Responsibilities

• Lead a team on client site, ensuring successful delivery against client targets.
• Establish and maintain strong client relationships.
• Shape and negotiate deals for optimal commercial terms.
• Drive cost efficiency exercises by leveraging spend analysis.
• Manage financial processes, including invoice validation, internal cost allocations.

Skills

Excellent communication and interpersonal skills

Networking and relationship-building skills

Ability to manage multiple conflicting priorities

Professional team player

Flexibility

Education

University degree (Bachelor or Master)

Tools

MDS related sourcing tools

Job description

Title: Senior Manager, Market Data Services

Location: London, GB

Date: Oct 18, 2025

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.

Key Responsibilities

• Lead a team on client site, ensuring successful delivery against client targets.
• Establish and maintain strong client relationships, understanding their business practices and requirements.
• Shape and negotiate deals to achieve optimal commercial terms, tailored to client needs.
• Lead assigned MDS initiatives, including demand management and savings challenges, across varying scopes and scales.
• Understand the Market Data Operational tasks at a high level and understand KPIs
• Build and present tailored solutions for initiatives while ensuring alignment with client objectives.
• Review and negotiate vendor contracts, ensuring beneficial terms and conditions for the client.
• Provide advice on best practices for contract management, licensing issues, and compliance with usage rights.
• Maintain MDS industry awareness to contribute to the value chain and identify displacement opportunities.
• Develop and implement demand management strategies to optimize costs and operational efficiency.
• Generate accurate business and financial reports to aid decision-making and performance tracking.
• Drive cost efficiency exercises by leveraging spend analysis, RFPs, and savings opportunities.
• Maintain and manage a comprehensive global MDS inventory to support business operations.
• Oversee the ordering and cancellation of MDS services to ensure efficient service delivery.
• Manage financial processes, including invoice validation, internal cost allocations, and vendor balance accuracy.
• Facilitate third-party declarations to support compliance and smooth workflows.
• Adhere to corporate standards, tools, and processes to ensure consistency in sourcing initiatives and delivery.
• Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.

Your profile

• University degree (Bachelor or Master)
• 7+ years’ 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 together with the ability to work effectively in a matrix environment.
• Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
• Experience in working with MDS related sourcing tools, practices, and systems
• Desirable – understanding of UK contract law
• Professional team player, motivated and highly flexible

Note: Information for agencies: Applications sent or uploaded by placement agencies or similar are not desired, will therefore not be considered and will be deleted.

Join a truly global team.

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. Let’s shape the future of procurement - together.

Chain IQ – Create. Lead. Make an impact.