Market Data Sourcing – Process & Efficiency Consultant (Financial Services)

Outsized; Pune District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Outsized is seeking an experienced Market Data Sourcing (MDS) Consultant to join a strategic transformation programme from a reactive, transaction-based model to a strategic business partner. You will assess current processes, drive standardisation, automation and AI-enabled improvements, and partner with stakeholders to deliver measurable efficiency gains.

The role requires 5+ years in MDS, with strong finance, procurement risk, and governance experience within Banking or Financial Services.

Qualifications

• 5+ years of relevant experience in Market Data Sourcing (MDS)
• Experience within Banking or Financial Services is essential
• Strong understanding of financial accounting and cost controlling, including accruals, reconciliations, and financial reporting impacts
• Experience with procurement risk management, audit and controls, and governance frameworks
• Demonstrated project management experience leading process improvement and operational transformation initiatives

Responsibilities

• Assess and baseline the current state of Market Data Sourcing operations, including invoice processing, reconciliation, and inventory management.
• Identify process inefficiencies and recommend opportunities for simplification, standardisation, and automation.
• Drive efficiency improvement initiatives, including the adoption of AI-enabled solutions where appropriate.
• Evaluate the financial implications of reconciliation gaps, accruals, and carried balances, providing recommendations to improve financial controls.
• Support procurement risk management, third-party risk, and data compliance initiatives while ensuring robust audit and control frameworks.
• Partner with key stakeholders to drive the MDS improvement roadmap and deliver measurable operational outcomes.

Skills

Financial Accounting

Cost Control

Procurement Management

Project Management

Market Data

Reporting

Cost Management

Financial Controls

Process Improvement

Financial Management

Education

Degree educated

Job description

Market Data Sourcing – Process & Efficiency Consultant (Financial Services)

Experience Mid Level (6-10 years) | Senior (11-15 years)

Duration 12 Months

Global Consulting Firm

India

Required Skills Financial Accounting Cost Control Procurement Management Project Management Market Data Reporting Cost Management Financial Controls Process Improvement Financial Management

Project Overview

Our client, a leading global research and analytics organisation supporting the financial services sector, is seeking an experienced independent consultant to join a strategic transformation initiative focused on its Market Data Sourcing (MDS) function.

The consultant will play a key role in helping transform the MDS function from a reactive, transaction-based operating model into a strategic business partner. Joining an ongoing transformation programme, you will assess current processes, identify improvement opportunities, and drive initiatives focused on operational efficiency, standardisation, automation, and AI adoption.

Key Responsibilities

• Assess and baseline the current state of Market Data Sourcing operations, including invoice processing, reconciliation, and inventory management.
• Identify process inefficiencies and recommend opportunities for simplification, standardisation, and automation.
• Drive efficiency improvement initiatives, including the adoption of AI-enabled solutions where appropriate.
• Evaluate the financial implications of reconciliation gaps, accruals, and carried balances, providing recommendations to improve financial controls.
• Support procurement risk management, third-party risk, and data compliance initiatives while ensuring robust audit and control frameworks.
• Partner with key stakeholders to drive the MDS improvement roadmap and deliver measurable operational outcomes.

Your Background

• 5+ years of relevant experience in Market Data Sourcing (MDS), with strong hands-on functional expertise.
• Prior experience within Banking or Financial Services is essential.
• Strong understanding of financial accounting and cost controlling, including accruals, reconciliations, and financial reporting impacts.
• Experience with procurement risk management, audit and controls, and governance frameworks.
• Demonstrated project management experience leading process improvement and operational transformation initiatives.
• Degree educated.
• Experience within Tier 1 or Tier 2 banks or leading financial services organisations is highly preferred.

Other Info

This is a 6-month contractual role based in Pune, India (preferred), supporting a live transformation programme.