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…
Skills: Market Data Services, Vendor Management, Procurement, Commercial Negotiations, Data Analysis
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…
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…
Skills: Contract management, IT category, Sourcing, Procurement, Contract negotiation
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…
Skills: Distributed Systems Design, Platform Architecture, Workflow Orchestration, API Design, Event-Driven Architecture
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…
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…
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…
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…
Skills: Procurement, Sourcing, Professional services category, RFx processes, eAuctions
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…
Skills: Procurement, Sourcing, IT Sourcing, Supplier Management, Contract Negotiation
Operational Procurement & Client Service Desk Senior Consultant
Ciudad de México, Mexico · On-site
Senior
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…
Skills: Operational Procurement, P2P Process Management, Catalogue Management, Master Data Management, ServiceNow
Operational Procurement & Client Service Desk Senior Consultant
Ciudad de México, Mexico · On-site
Senior
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…
Skills: Operational Procurement, Client Service Desk, P2P Process Management, Catalogue Management, Master Data Management
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…
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…
Skills: IT procurement, Sourcing strategy, Contract management, Negotiation, Market research
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…
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…
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…
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…
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…
Skills: Strategic sourcing, Business process outsourcing, Offshoring, Financial services, Contract negotiation
Sourcing Professional Services - Senior Consultant
Zurich, Zurich, Switzerland · On-site
Senior
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…
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…
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Full-time
bachelor degree, postgraduate degree
Great Place to Work-certified environment, International work environment
Posted 1d ago
Apply by Sep 30
~40 hrs/week
Responsibilities
The role involves managing market data operations, including user entitlements, inventory maintenance, and invoice reconciliation. Additionally, the consultant will support sourcing activities such as vendor negotiations, RFx processes, and cost-optimization initiatives.
Requirements
Candidates must hold a Bachelor’s or Master’s degree and possess at least 4 years of experience in Market Data Services. Strong analytical skills, familiarity with vendor systems, and experience in procurement or commercial negotiations are required.
Full job description
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.
Role Overview
We are looking for a highly motivated professional (Sourcing Market Data Services - Consultant) to support both Market Data Operations and Operational/Tactical Sourcing activities within the Market Data Services (MDS) function. The role combines day‑to‑day administration of market data services with the delivery of commercial insights, sourcing support and vendor management activities. The ideal candidate is detail‑oriented, client‑focused and comfortable working in a dynamic environment with multiple stakeholders and priorities.
Roles and Responsibilities:
Monitor and process all demand requests ensuring timely and accurate service delivery.
Manage the full Joiners/Movers/Leavers lifecycle, including user setup, entitlement changes and vendor platform updates (e.g., Bloomberg, LSEG/DACS).
Maintain accurate MDS inventory by updating all user, product and entitlement changes; conduct regular data validation with stakeholders.
Collaborate with vendor account managers to maintain up‑to‑date user lists and support renewals.
Perform monthly invoice reconciliation against inventory, troubleshoot discrepancies and support Accounts Payable with allocation outputs.
Perform monthly vendor declarations and handle ad‑hoc exchange reporting requirements.
Respond to stakeholder queries regarding licence usage, contract inclusions/exclusions, entity coverage and compliance with usage rights.
Build and maintain strong working relationships with internal clients, acting as a reliable point of contact for MDS operational matters.
Support assigned MDS initiatives such as demand management, savings challenges, optimization exercises and usage reviews.
Support sourcing activities such as renewals, benchmarking, negotiations, vendor clarifications and displacement opportunities.
Assist with RFx, commercial analysis, pricing comparisons, spend reviews and supplier evaluation activities.
Contribute to cost‑saving and optimization initiatives by providing data insights, consumption analysis and usage rationalization recommendations.
Review vendor contracts from an operational perspective, ensuring compliance with licensing terms, rights management rules and governance frameworks.
Deliver accurate operational and sourcing‑related reporting to support financial planning, stakeholder decision‑making and performance tracking.
Maintain awareness of market data vendor landscape, product developments, pricing changes and industry trends to support sourcing strategy.
Your Profile:
Bachelor’s or Master’s degree in a relevant discipline.
Minimum of 4 years’ experience in the Market Data Services function.
Strong understanding of Market Data Services, vendor systems, user entitlement workflows and licensing structures.
Exposure to market data vendors and tools preferred.
Experience with procurement processes, vendor management or commercial negotiations an advantage.
Excellent organisational skills with high attention to detail and comfort working across multiple tasks and deadlines.
Strong communication and stakeholder‑management skills.
Analytical mindset with the ability to interpret data, reconcile inconsistencies and produce clear reporting.
Team‑oriented, proactive, adaptable and committed to continuous learning.
Interest in deepening expertise in market data sourcing, vendor management and commercial negotiations.
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.
Related keywords
Market Data ServicesProcurementVendor ManagementBloombergLSEGDACSRFxCommercial AnalysisSpend ReviewLicensingGovernanceFinancial PlanningData ValidationContract ManagementMarket Data VendorsOperational Sourcing
An independent, global service company providing strategic, tactical and operational procurement for its clients.
Industry
Professional Services
Company size
501-1,000 employees
Founded
2013
Headquarters
Baar, Zug
LinkedIn followers
25,259
Chain IQ is a global AI-driven Procurement Service Partner, providing strategic, tactical and operational procurement for its clients. Chain IQ operates from 6 main centers and 16 offices around the world – headquartered in Switzerland with hubs in Zurich, New York, London, Singapore, Mumbai and Bucharest to service more than 49 countries (including Germany, Poland, China, Hong Kong, Japan and Australia) and over 60 clients.
Chain IQ’s growing team of 700 experts is known for generating significant value via 3rd party spend management through volume bundling from its global clients, digitalization of procurement processes as well as achieving latest ESG standards.
Offices: Neuhofstrasse 24, Baar, Zug 6340, CH · Vulkanstrasse 106, Zurich, CH 8048, CH · 71 Fenchurch Street, London, England, GB · 10 Exchange Pl, Jersey City, New Jersey 07302, US · 61 Robinson Road #17-01, Robinson Centre, Singapore, 068893, SG
An independent, global service company providing strategic, tactical and operational procurement for its clients.
Industry
Professional Services
Company size
501-1,000 employees
Founded
2013
Headquarters
Baar, Zug
LinkedIn followers
25,259
Chain IQ is a global AI-driven Procurement Service Partner, providing strategic, tactical and operational procurement for its clients. Chain IQ operates from 6 main centers and 16 offices around the world – headquartered in Switzerland with hubs in Zurich, New York, London, Singapore, Mumbai and Bucharest to service more than 49 countries (including Germany, Poland, China, Hong Kong, Japan and Australia) and over 60 clients.
Chain IQ’s growing team of 700 experts is known for generating significant value via 3rd party spend management through volume bundling from its global clients, digitalization of procurement processes as well as achieving latest ESG standards.
Offices: Neuhofstrasse 24, Baar, Zug 6340, CH · Vulkanstrasse 106, Zurich, CH 8048, CH · 71 Fenchurch Street, London, England, GB · 10 Exchange Pl, Jersey City, New Jersey 07302, US · 61 Robinson Road #17-01, Robinson Centre, Singapore, 068893, SG