Managing Director, Head of Market Data Sourcing and Category Strategy

State Street

. Lead a team responsible for Market Data strategy .

Posted 11/4/2026full-timeUnited StatesLead💰 $170,000 - $252,500 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Market Data strategy, sourcing, and contract negotiation while effectively managing high-performing global teams. Possesses strong analytical skills to identify cost-reduction opportunities and mitigate risks within the procurement lifecycle.

Highest-signal resume keywords

Market Data StrategyContract NegotiationSourcing and Category StrategyStakeholder CommunicationRisk Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Contract DraftingData AnalysisVendor ManagementCost OptimizationMarket Data Products

Soft Skills

Strategic ThinkingProblem-SolvingAttention to DetailTime ManagementCommunication Skills

Certifications & Qualifications

Bachelor’s DegreeMaster’s DegreeLaw Degree

Industry Keywords

Market DataProcurement LifecycleGlobal TeamsRegulatory ComplianceThird Party Risk Management

About the role

Key responsibilities & impact

Lead a team responsible for Market Data strategy
Ensure businesses have cost-effective and optimal Market Data products and services
Lead preparation, analysis, negotiation, and execution of Market Data contracts
Partner with business, legal, and risk organizations to meet business needs and mitigate risks
Report to the Global Head of Market Data
Develop product/service strategy across Pricing, Reference Data, Index Data, Desktop terminals, Exchange Fees, and Research/News
Develop vendor strategy and preferred vendor lists
Partner with Investment Services, Global Advisors, Global Markets, Enterprise Risk Management, and Finance
Optimize spend by eliminating unnecessary demand and evaluating lower-cost alternatives
Identify and project-manage initiatives that reduce expenses
Source products and services from optimal vendors at optimal price points
Negotiate and manage large and complex Market Data agreements
Advise stakeholders within Market Data sourcing
Analyze data to identify cost-reduction opportunities
Work with process partners to mitigate risks and realize opportunities
Resolve requests and issues and perform daily problem-solving
Review, negotiate, and draft Market Data contracts, including commercials and terms and conditions
Ensure contracts reflect negotiated commercial terms, usage rights, and other conditions
Identify and mitigate risks in contract language
Complete the end-to-end contracting process in a timely manner
Keep stakeholders informed throughout the procurement lifecycle
Collaborate with Third Party Risk Management teams to support policies and procedures
Perform duties in accordance with regulatory compliance guidelines

Requirements

What you’ll need

Bachelor’s Degree
10+ year proven experience managing high performing global teams
Deep understanding of Sourcing and Category Strategy across global organizations
Detailed understanding of the language and structure of contracts
Experience in reviewing, negotiating, and drafting agreements
Ability to demonstrate a strategic approach to tackling spend across the entire category
Ability to effectively manage multiple priorities
Strong strategic thinking and problem-solving skills with attention to detail
Excellent written and verbal communication skills
Ability to operate in a fast-paced, ambiguous environment
Master’s degree and/or Law degree a plus
Market Data experience a plus

Benefits

Comp & perks

Diversity of opportunities across a range of challenging and highly complex activities
Leadership career pathway
International operating environment
Soft skills trainings
Technical workshops
Employee savings plan
Premium life insurance package
VIP medical package
Additional holiday entitlement
Retirement savings plan (401K) with company match
Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
Paid time off including vacation, sick leave, short term disability, and family care responsibilities
Employee Assistance Program
Incentive compensation including eligibility for annual performance-based awards
Eligibility for certain tax advantaged savings plans
Inclusive development opportunities
Flexible work-life support
Paid volunteer days
Employee networks