Strategic Sourcing Leader - Market Data Services

SMBC; New York (NY); Hybrid; USD 128,000 - 165,000; Full time

Job summary

SMBC is seeking a Strategic Sourcing Manager for Market Data Services in New York, reporting to a Sourcing Category Leader. You will lead category and supplier spend strategies, manage third-party spend, and drive sourcing projects such as competitive bids and negotiations.

The role focuses on general services and Market Data Services, requiring close collaboration with regional sourcing, internal procurement operations, and Legal, Risk & Finance teams.

Qualifications

• Bachelor's Degree required; financial services experience a plus.
• 7+ years in professional services sourcing.
• Strong negotiation and stakeholder management required.

Responsibilities

• Define requirements with internal stakeholders.
• Design and execute the competitive process.
• Evaluate offerings and present sourcing options.
• Implement and govern buying channels.
• Collaborate with regional sourcing and internal teams.
• Maintain compliance with policies and guidelines.
• Identify opportunities and drive value through sourcing strategies.

Skills

Sourcing strategy

Negotiation

Stakeholder mgmt

Project management

Financial analysis

Market data

Collaboration

Education

Bachelor's Degree

Tools

PowerPoint

Excel Pivot Tables

Job description

SMBC is seeking a Strategic Sourcing Manager for Market Data Services in New York, reporting to a Sourcing Category Leader. You will lead category and supplier spend strategies, manage third-party spend, and drive sourcing projects such as competitive bids and negotiations.

The role focuses on general services and Market Data Services, requiring close collaboration with regional sourcing, internal procurement operations, and Legal, Risk & Finance teams.