Market Data Services

Classified Jobs; Navi Mumbai; On-site; INR 1,000,000 - 1,600,000; Full time

Job summary

Classified Jobs is seeking a skilled Market Data Services professional in Navi Mumbai to manage licencing workflows, vendor interactions and lifecycle events for Joiners/Movers/Leavers. The role requires strong procurement, negotiation and stakeholder-management capabilities to ensure compliant and cost-efficient data services.

Four years of MDS experience plus degrees are preferred. The candidate will coordinate across vendor systems and internal teams, supporting renewals, usage reviews and

Qualifications

• Bachelor’s or Master’s degree in a relevant discipline.
• Minimum of 4 years’ experience in the Market Data Services function.
• Strong understanding of Market Data Services, vendor systems, user entitlement workflows and licensing structures.
• Exposure to market data vendors and tools preferred.
• Experience with procurement processes, vendor management or commercial negotiations an advantage.
• Excellent organisational skills with high attention to detail and comfort working across multiple tasks and deadlines.
• Strong communication and stakeholder-management skills.

Responsibilities

• Monitor and process all demand requests ensuring timely and accurate service delivery.
• Manage the full Joiners/Movers/Leavers lifecycle, including user setup, entitlement changes and vendor platform updates (e.g., Bloomberg, LSEG/DACS).
• Maintain accurate MDS inventory by updating all user, product and entitlement changes; conduct regular data validation with stakeholders.
• Collaborate with vendor account managers to maintain up-to-date user lists and support renewals.
• Perform monthly invoice reconciliation against inventory, troubleshoot discrepancies and support Accounts Payable with allocation outputs.
• Perform monthly vendor declarations and handle ad‑hoc exchange reporting requirements.
• Respond to stakeholder queries regarding licence usage, contract inclusions/exclusions, entity coverage and compliance with usage rights.
• Build and maintain strong working relationships with internal clients, acting as a reliable point of contact for MDS operational matters.
• Support assigned MDS initiatives such as demand management, savings challenges, optimization exercises and usage reviews.
• Support sourcing activities such as renewals, benchmarking, negotiations, vendor clarifications and displacement opportunities.
• Assist with RFx, commercial analysis, pricing comparisons, spend reviews and supplier evaluation activities.

Skills

Market Data Knowledge

Vendor Systems

Licensing Structures

Stakeholder Management

Communication

Organizational Skills

Education

Bachelor’s or Master’s degree

Job description

• Monitor and process all demand requests ensuring timely and accurate service delivery.
• Manage the full Joiners/Movers/Leavers lifecycle, including user setup, entitlement changes and vendor platform updates (e.g., Bloomberg, LSEG/DACS).
• Maintain accurate MDS inventory by updating all user, product and entitlement changes; conduct regular data validation with stakeholders.
• Collaborate with vendor account managers to maintain up-to-date user lists and support renewals.
• Perform monthly invoice reconciliation against inventory, troubleshoot discrepancies and support Accounts Payable with allocation outputs.
• Perform monthly vendor declarations and handle ad‑hoc exchange reporting requirements.
• Respond to stakeholder queries regarding licence usage, contract inclusions/exclusions, entity coverage and compliance with usage rights.
• Build and maintain strong working relationships with internal clients, acting as a reliable point of contact for MDS operational matters.
• Support assigned MDS initiatives such as demand management, savings challenges, optimization exercises and usage reviews.
• Support sourcing activities such as renewals, benchmarking, negotiations, vendor clarifications and displacement opportunities.
• Assist with RFx, commercial analysis, pricing comparisons, spend reviews and supplier evaluation activities.

Your Profile:

• Bachelor’s or Master’s degree in a relevant discipline.
• Minimum of 4 years’ experience in the Market Data Services function.
• Strong understanding of Market Data Services, vendor systems, user entitlement workflows and licensing structures.
• Exposure to market data vendors and tools preferred.
• Experience with procurement processes, vendor management or commercial negotiations an advantage.
• Excellent organisational skills with high attention to detail and comfort working across multiple tasks and deadlines.
• Strong communication and stakeholder-management skills.