AVP-Sourcing (Market Data)

Moody's Investors Service; New York (NY); On-site; USD 135,700 - 196,750; Full time

Benefits offered by this job

Medical

Dental

Vision

Parental leave

Paid time off

401(k) plan

Life insurance

Disability insurance

Accident insurance

Employee stock purchase plan

Tuition reimbursement

Job summary

Moody's AVP - Market Data Sourcing leads enterprise-wide sourcing for Market Data and data licensing agreements, managing end-to-end supplier engagements and strategic negotiations.

You will analyze spend, craft category strategies, and coordinate with Legal, Finance, Technology, and Data Governance to align with Moody's priorities. This role emphasizes AI-driven decision making and continuous improvement within a global team.

Qualifications

• Extensive end-to-end sourcing experience for Market Data and data licensing.
• Experience negotiating complex, enterprise-scale data licensing agreements.
• Strong ability to analyze spend, drive savings and manage renewal pipelines.
• Proven stakeholder management and executive-level relationship skills.
• Proficiency in Excel/Word and data-driven decision making.
• Understanding of AI concepts and responsible AI practices in procurement.

Responsibilities

• Lead end-to-end sourcing for supplier agreements across Market Data and other Data Licensing categories.
• Analyze Market Data spend and create a Category Strategy to optimize data consumption across units.
• Create and execute strategic sourcing events (RFPs/RFIs) with key Market Data suppliers.
• Advise stakeholders on data licensing structures, usage rights, entitlements, and compliance.
• Proactively manage Market Data renewal pipeline with internal partners.
• Collaborate with Legal, Finance, Technology, and Data Governance to align sourcing strategy.
• Build relationships with senior leaders and influence executive decisions.
• Report savings metrics to support department objectives and drive continuous improvement.
• Leverage analytics, automation, and AI to enhance sourcing efficiency.

Skills

Procurement Sourcing

Market Data

Data Licensing

Stakeholder Management

Negotiation

Advanced Excel

Cross-functional Collaboration

AI in Sourcing

Education

Bachelor's degree

Tools

AI tooling awareness

Market Data Management Inventory systems

Job description

At Moody's, we unite the brightest minds to turn today's risks into tomorrow's opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are-with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways. Moody's is transforming how the world sees risk. As a global leader in ratings and integrated risk assessment, we're advancing AI to move from insight to action- enabling intelligence that not only understands complexity but responds to it. We decode risk to unlock opportunity, helping our clients navigate uncertainty with clarity, speed, and confidence.

Skills and Competencies

• 7 - 10 years of Procurement Sourcing experience
• Deep understanding of Market Data category with a strong track record of negotiating data licensing agreements
• Strong experience in negotiating complex, enterprise-scale data licensing agreements
• Experience with Market Data Management Inventory systems
• Highly motivated self-starter that thrives in a fast-paced environment
• Strong stakeholder and supplier relationship management skills with track record of navigating executive level relationships
• Ability to analyze trends, forecast demand, and model costs from diverse data sources to deliver strategic insights
• Strong written and verbal communication, interpersonal skills, and judgment, with the ability to manage multiple priorities and deliver against deadlines
• Ability to work effectively across regions and with all levels of management
• Experience balancing cost and risk targets to achieve organizational objectives
• Proficient in Microsoft Excel and Word, including advanced skills such as creating and managing spreadsheets, using formulas for calculations, tracking data changes with redlining, and inserting comments to facilitate clear collaboration and document review
• Basic understanding of artificial intelligence concepts, with curiosity and enthusiasm for learning how AI tools can be used to improve processes and drive efficiency. Interest in exploring AI systems and a willingness to develop awareness of responsible AI practices, including risk management and ethical use

Education

• Bachelor's degree (or equivalent) from an accredited college/university

Responsibilities

The AVP - Market Data Sourcing serves as the Global Category Lead for all Market Data and Data Licensing agreements enterprise wide.

• Lead end-to-end sourcing for supplier agreements across Market Data and other Data Licensing categories
• Analyze Market Data spend and create a comprehensive Category Strategy to optimize how Moody's consumes third-party data across its various business units
• Create and execute strategic sourcing events (RFPs, RFIs, targeted negotiations) with key Market Data suppliers that align to business needs
• Act as Subject Matter Expert to advise stakeholders on data licensing structures, including usage rights, entitlements, and compliance requirements
• Proactively manage Market Data renewal pipeline in collaboration with internal stakeholders
• Liaise with Enterprise Data Estate and Partnerships team on inbound data agreements that require Procurement support
• Collaborate with third-party benchmark providers to validate pricing proposals and negotiate competitive purchase agreements
• Partner cross-functionally with Legal, Finance, Technology, and Data Governance to align sourcing strategy with enterprise priorities
• Build strong relationships with senior business leaders and influence decisions at the executive level
• Understand and report savings metrics to help contribute to department-wide objectives
• Consistently focus on continuous improvement and process change
• Leverage analytics, automation, and AI to improve sourcing efficiency and decision-making

About the Team

Our Procurement & Sourcing Group (PSG) team is responsible for driving strategic sourcing initiatives and delivering cost optimization across Moody's global operations. We contribute to the organization by managing enterprise-wide supplier relationships, advancing data licensing strategies, and enabling smarter, more efficient procurement decisions. By joining our team, you will be part of exciting work in Market Data and software procurement and vendor management, leveraging innovative technologies - including AI - to enhance efficiency and support business transformation.

For US-based roles only: the anticipated hiring base salary range for this position is$135,700.00-$196,750.00, depending on factors such as experience, education, level, skills, and location. This range is based on a full-time position. In addition to base salary, this role is eligible for incentive compensation.

• not but limited to medical
• dental
• vision
• parental leave
• paid time off
• a 401(k) plan with employee and company contribution opportunities
• life
• disability
• accident insurance
• a discounted employee stock purchase plan
• tuition reimbursement

Moody's is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender, age, religion or creed, national origin, ancestry, citizenship, marital or familial status,sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, military or veteran status, or any other characteristic protected by law. Moody's also provides reasonable accommodation to qualified individuals with disabilities or based on a sincerely held religious belief in accordance with applicable laws. If you need to inquire about a reasonable accommodation, or need assistance with completing the application process, please email [e-mail]. This contact information is for accommodation requests only, and cannot be used to inquire about the status of applications

For San Francisco positions, qualified applicants with criminal histories will be considered for employment consistent with the requirements of the San Francisco Fair Chance Ordinance.

This position may be considered a promotional opportunity, pursuant to the Colorado Equal Pay for Equal Work Act.

Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody's Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.