Sourcing MDS

 

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.

 

Chain IQ is an independent global organization, headquartered in Zurich, Switzerland. Chain IQ specializes in sourcing management that coordinates and secures the tactical and strategic supply of products and services to third parties globally. Within this global structure, The Chain IQ Market Data Services (MDS) team provides management of MDS encompassing all aspects of the MDS support and supply value chain. This includes and not limited to demand and cost management, vendor relationship management, tactical and strategic sourcing, negotiation, contract management, contract compliance and MDS inventory-based duties.

 

Chain IQ is looking for an experienced MDS professional with an understanding of the end-to-end MDS operational process.

 

Role Overview:

 

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

 

The ideal candidate is a self-starter with 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 and develop relationships with key business stakeholders.

 

 

MDS Senior Consultant

 

Responsibilities will include:

 

• Establishing and maintaining strong relationships with clients
• Understand the client’s business practices and requirements and shaping deals to meet those requirements.
• Conducting information and commercial tenders and managing the evaluation with the clients’ stakeholders to determine optimal supplier selection.
• Negotiating deals to achieve optimal commercial terms for the client.
• Leading assigned MDS initiatives (including demand and savings challenges) which will vary in terms of client, scope and scale.
• Building and presenting potential solutions to assigned initiatives.
• Reviewing and negotiating vendor contracts terms and conditions to ensure the most beneficial impact for the client.
• Providing advice on best practices for ongoing contract management and licensing issues.
• Leverage knowledge and experience to manage and provide input to client cost efficiency exercises that will reduce costs and enhance data usage.
• Provide advice on contract usage rights to ensure the client is compliant with existing terms and conditions.
• Working with Client on savings targets, displacement opportunities and RFPs where appropriate.
• Maintaining MDS industry awareness which will contribute to the Chain IQ MDS value chain.
• Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.

 

 

 

 

Your profile:

• University degree (Bachelor or Master)
• 5+ years’ experience of the end-to-end MDS process
• 5+ years’ experience working with MDS vendors and their services
• Excellent communication and interpersonal skills
• Excellent networking and relationship-building skills at all levels of an organization together with the ability to work effectively in a matrix environment.
• Strong negotiating skills
• Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
• Experience in working with MDS related sourcing tools, practices, and systems
• Desirable – understanding of UK contract law
• Professional team player, motivated and highly flexible

Ideal Candidates should normally be in one of the following roles.

 

• MDS Sourcing/Vendor management specialist
• MDS Business Analysis
• MDS Administration Managers

 

 

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.

 

 

 

Information for agencies: Applications sent or uploaded by placement agencies or similar are not desired, will therefore not be considered and will be deleted.