AVP, Market Data Category Manager, Enterprise Sourcing and Procurement
Location: Singapore, SG
Job Function: Corporate Infrastructure Services Department
Job Type: Permanent
GIC is a leading global long‑term investor and one of the world’s largest sovereign wealth funds. Within the Corporate Infrastructure Services Department, the Enterprise Sourcing & Procurement (ESP) team provides strategic procurement and sourcing support, ensuring compliance, value optimisation and quality assurance across all organisational activities. The Market Data Category Management & Centre of Excellence sits within ESP, focusing on sourcing and managing market data services throughout their lifecycle.
What impact can you make in this role?
As an Assistant Vice President (AVP), Market Data Category Manager, you will research and assess market data sources/vendors, drive the sourcing and procurement process to negotiate contracts, and manage strategic vendor relationships while identifying cost‑saving optimisation opportunities.
Responsibilities
- Partner with internal stakeholders—Business COOs, business managers, investment professionals, quantitative analysts and risk analysts—to understand requirements and deliver fit‑for‑purpose market data solutions.
- Lead the end‑to‑end procurement process, from sourcing and evaluating market data solutions for suitability and cost‑effectiveness to negotiating commercial terms and finalising contracts.
- Build and maintain strong relationships with strategic market data vendors to identify collaboration and optimisation areas.
- Develop and execute strategic sourcing plans with stakeholders across key sub‑categories within market data.
- Proactively research and assess emerging trends, particularly in alternative data, to inform sourcing strategies and innovation opportunities.
Qualifications
- Bachelor’s degree from a recognized tertiary institution.
- Minimum 5 years of relevant experience in procurement, finance or asset management; at least 3 years of hands‑on experience in market data sourcing or management.
- Deep expertise in major market data providers and products (Bloomberg, LSEG/Refinitiv, Markit) preferred.
- Strong knowledge of financial instruments and markets.
- Excellent interpersonal and communication skills, with the ability to collaborate effectively across diverse stakeholder groups and influence outcomes.
- Proven experience in category management, procurement and sourcing, contract and commercial negotiation, and financial and contract management.
Equal Opportunity Employer
GIC is an equal opportunity employer, committed to fostering diversity and inclusion. The organization does not discriminate on the basis of race, religion, colour, national origin, sex, gender identity or expression, sexual orientation, age, marital status, veteran status or disability. GIC also provides reasonable accommodations for individuals with disabilities during the application and employment process.