Head of Market Data Procurement and Advisory
A procurement vendor management firm is looking to hire a Head of Market Data Procurement to join their team based in New York.
Role: Head of Market Data Procurement
Location: Manhattan, NY - 4 days in office, remote on Friday
Compensation: $200,000 to $240,000 plus bonus
Overview
Lead and scale a market data advisory and procurement business serving financial institutions, including private equity, hedge funds, investment banks, and asset managers. This role owns strategy, P&L, team leadership, client relationships, and business growth, with a focus on building a scalable practice exceeding $10M+ ARR.
Key Responsibilities
- Own full P&L, growth strategy, pricing, delivery model, and operating metrics.
- Build and lead a high-performing global team of procurement and market data specialists.
- Serve as executive sponsor for strategic client engagements and complex vendor negotiations.
- Develop relationships with major market data, research, and analytics providers.
- Identify revenue growth opportunities through client expansion and new business development.
- Partner cross-functionally with sales, client success, and operations to drive business performance.
Requirements
- 10+ years of experience in market data, strategic sourcing, procurement, vendor management, consulting, or related financial services fields.
- Proven track record building and scaling teams, practices, or business lines with significant revenue growth.
- Experience leading teams of 5+ and managing international stakeholders.
- Strong executive-level negotiation, communication, and commercial skills.
- Financial acumen with experience managing budgets, forecasts, pricing, and margins.
- Bachelor's degree required; advanced degree preferred.
Preferred Background
- Procurement, spend management, advisory, or managed services experience within the financial services ecosystem.
- Established relationships across market data and research vendors.
- Experience in high-growth, private equity-backed, or global organizations.
- Background leading distributed teams and international business expansion.
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