Market Data Sourcing and Category Strategy Head – Managing Director

State Street

. Lead a team responsible for Market Data strategy .

Posted 9/29/2026full-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. Strong analytical skills to identify cost-reduction opportunities and optimize vendor relationships in compliance with regulatory guidelines.

Highest-signal resume keywords

Market Data StrategySourcing and Category StrategyContract Negotiation and DraftingCost-Reduction InitiativesStakeholder Communication

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Contract ReviewVendor ManagementData AnalysisProject ManagementStrategic Thinking

Soft Skills

Problem-SolvingAttention to DetailExcellent CommunicationDecisivenessFlexibility

Certifications & Qualifications

Bachelor’s DegreeMaster’s DegreeLaw Degree

Industry Keywords

Market DataProcurement LifecycleThird Party Risk ManagementRegulatory ComplianceGlobal Organizations

About the role

Key responsibilities & impact

Lead a team responsible for Market Data strategy
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 business and corporate areas to anticipate and meet Market Data needs
Optimize spending by eliminating unnecessary demand, using lower-cost alternatives, recovering certain client expenses, and optimizing consumption
Identify, initiate, and project-manage cost-reduction initiatives
Source products and services from optimal vendors at optimal prices
Negotiate and manage large and complex Market Data agreements
Advise and guide stakeholders in 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
Partner with legal and business teams to ensure contracts reflect negotiated terms, usage rights, and other conditions
Identify and mitigate risks in contract language
Ensure timely completion of the end-to-end contracting process
Keep stakeholders informed throughout the procurement lifecycle
Collaborate with Third Party Risk Management teams to support policies and procedures and mitigate third-party risk
Perform duties in accordance with regulatory compliance guidelines
Report to the Global Head of Market Data

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 the review, negotiation and drafting of 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
Attention to detail
Excellent written and verbal communication skills
High intellect, decisiveness, drive, flexibility, integrity, and resilience
A Master’s degree and/or Law degree is a plus, not required

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