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Tier-1 brand, metro Bengaluru location, and mid-level associate profile increase competition despite category specialization.
Role focuses on Market Data category sourcing and regulatory controls, reducing transferability across industries.
Requires specific procurement, vendor negotiation, and compliance skills but lacks explicit years, so moderately strict.
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Lead and manage end-to-end sourcing and contracting for third-party supplier spend related to Market Data and associated services within specified business lines.
Build and maintain partnerships with senior internal stakeholders to understand requirements and drive vendor rationalization and compliance across business units.
Conduct supplier due diligence, develop sourcing strategies, lead negotiations, and ensure contractual compliance in collaboration with Legal, Risk, Finance, and other control functions.
Experience in sourcing and contracting third-party suppliers, specifically within Market Data or related financial services sector.
Work Experience Required: Not explicitly mentioned in the JD.
Ability to conduct supplier due diligence, negotiate commercial terms, and manage vendor compliance across global teams.
Not explicitly mentioned: mandatory degree, notice period, or strict location requirements.
Comfortable managing complex sourcing projects involving multiple internal stakeholders including senior executives across Commercial & Investment Bank and Asset & Wealth Management.
Demonstrated capability in executing sourcing strategies aligned with organizational priorities and driving cost reduction initiatives.
Experienced in working within structured frameworks involving partner functions like Legal, Risk, Third Party Oversight, and Finance for contract execution and compliance.