Sourcing Market Data Services

Chain IQ; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Chain IQ is a global AI-driven Procurement Service Partner, seeking a senior expert to drive sourcing initiatives for Market Data Services in Pune. You will manage relationships with senior stakeholders, shape complex sourcing strategies, negotiate terms, and deliver tangible business value through vendor contracts.

The role requires deep MDS sourcingExperience, strategic acumen, and a track record of delivering on diverse category objectives for terminals, data, ratings, indices, and exchanges.

Qualifications

• 5+ years end-to-end experience in Market Data Services sourcing.
• Experience with MDS vendors and managing complex vendor relationships and agreements.
• Proven success in developing and executing category strategies.

Responsibilities

• Deliver against agreed targets while fostering accountability and performance.
• Establish and maintain relationships with senior client stakeholders as trusted advisor.
• Shape and execute complex sourcing strategies and negotiate optimal terms.
• Own and drive MDS initiatives across diverse scopes.
• Build and present tailored sourcing solutions with commercial insight.
• Review, negotiate, and manage contracts with vendors.
• Monitor market developments to identify opportunities and innovation.
• Implement demand management to optimize spend and efficiency.
• Provide accurate reporting to support financial planning and decisions.
• Ensure use of corporate standards and governance in sourcing initiatives.

Skills

Relationship building

Sourcing strategy development

Stakeholder management

Contract negotiation

Vendor management

Financial analysis

Education

Bachelor's or Master's degree in a relevant discipline

Job description

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Title: Sourcing Market Data Services

Location: Pune, IN

Date: Aug 21, 2026

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.

Role Overview:

We are seeking a dynamic and accomplished expert to drive sourcing initiatives for Market Data Services (MDS). This role requires a strategic, proactive, and credible professional with relationship and communication skills.

The ideal candidate is a self-starter with deep sourcing experience, strong commercial acumen, and the ability to build and manage trusted relationships with senior stakeholders. They will deliver on critical sourcing objectives across a wide range of MDS categories including terminals, data, ratings, indices, and exchanges.

Roles and Responsibilities:

• Delivery against agreed targets while fostering a culture of accountability, performance, and positivity.
• Establish and maintain strong relationships with senior client stakeholders, acting as a trusted advisor and understanding their business drivers and sourcing requirements.
• Shape and execute complex sourcing strategies, negotiating optimal commercial terms tailored to the client's evolving needs.
• Own and drive MDS initiatives across diverse scopes, ensuring alignment with client objectives and delivering tangible business value.
• Build and present tailored sourcing solutions that demonstrate commercial insight and strategic alignment.
• Review, negotiate, and manage contracts with vendors, ensuring beneficial terms and ongoing compliance with licensing and usage rights.
• Monitor market developments and vendor capabilities to identify innovation opportunities and potential displacements.
• Implement demand management strategies to optimize spend, improve operational efficiency, and reduce cost.
• Deliver accurate reporting and analysis to support financial planning, decision-making, and performance tracking.
• Ensure consistent use of corporate standards, sourcing tools, and governance frameworks in all sourcing initiatives

Education & Experience:

• Bachelor's or master's degree in a relevant discipline
• Minimum of 5 years' end-to-end experience in Market Data Services sourcing
• Extensive experience working with MDS vendors and managing complex vendor relationships and agreements
• Proven success in developing and executing category strategies

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.