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Market Data Procurement & Sourcing , Vice President
Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
Full-time
bachelor degree, postgraduate degree
Birthday day off, Anniversary day off, Gold medical package, Life insurance, Private pension plan, Soft skills training
Posted 13d ago
Apply by Aug 15
~40 hrs/week
Responsibilities
The Vice President of Market Data Sourcing is responsible for negotiating and executing complex market data contracts while ensuring cost-effectiveness and regulatory compliance. This role involves partnering with business units and legal teams to manage vendor relationships and mitigate third-party risks.
Requirements
Candidates should possess solid experience in sourcing, procurement, or commercial negotiations within a global financial organization. A bachelor's degree is required, with a master's or law degree considered a plus, alongside strong contract drafting and analytical skills.
Full job description
Who we are looking for
The Market Data Sourcing Vice President is an important role within State Street’s Global Third Party Management team. This role will help drive the Market Data strategy which is to ensure the businesses have the most cost effective and optimal Market Data products and services to help enable and drive their business strategies. This role will be responsible for preparing, analyzing, negotiating and executing market data contracts including commercials and terms and conditions across one or several market data categories
This leader will partner with the businesses as well as the legal and risk organizations to ensure current and future business needs are met, policies and procedures are followed, and risks are identified and mitigated – all in compliance with regulatory guidelines.
This role will report into the Sourcing and Category Strategy head of Market Data.
The role can be performed in hybrid model (3 days onsite, 2 days remotely) in Krakow or Gdansk.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, our clients rely on us to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day-to-day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
Primary Sourcing areas of responsibility include:
Understand the Market Data needs of the Business and Corporate Areas (Investment Services, Global Investment Management, Global Markets, Enterprise Risk Management, Finance) and Source the required products and services from the optimal vendors at optimal price points
Perform direct negotiations and regularly manage large and complex Market Data agreements
Use a white glove approach in stakeholder management to provide advice and guidance within Market Data sourcing
Analyze data to identify opportunities to reduce existing cost base
Work with process partners to mitigate risks and realize opportunities
Solution requests and issues in a timely manner and perform daily problem solving
Review, negotiate and draft Market Data contracts including commercials and terms and conditions
Partner with legal and business to ensure that contracts properly represent negotiated commercial terms as well as usage rights and other terms and conditions
Identify and mitigate any potential risks in contract language
Ensure end-to-end contracting process is completed in a timely manner
Keep all stakeholders informed throughout the procurement lifecycle
Focus will be on one or several of the market data categories including Pricing, Reference Data, Index Data, Desktop terminals, Exchanges, and Research/News
Collaborate with Third Party Risk Management (TPRM) teams to support appropriate policies and ensure procedures are followed and used consistently throughout the acquisition process to identify and mitigate 3rd party risk
Perform all duties in accordance with prescribed regulatory compliance guidelines
These skills will help you succeed in the role:
Proven self-starter who can work independently and within a team while effectively managing multiple priorities
Able to work and thrive in an extremely fast-paced, ambiguous environment
Strong strategic thinker and problem solver with attention to detail
Excellent written and verbal communication skills
Smart, energetic and passionate about your work demonstrating can do attitude toward challenges
Education & Preferred Qualifications
Solid experience in sourcing, procurement, vendor management, or commercial negotiations within a financial institution, data provider environment, consulting firm, or other global organization
Bachelor’s Degree. A Master’s degree and/or Law degree a plus
A detailed level of understanding of the language and structure of contracts with experience in the review, negotiation and drafting of such agreements. Market Data experience a plus
Deep understanding of Sourcing process across Global organizations
Minimum Salary:
zł182 004 Annual
The minimum salary quoted above applies to the role in the primary location specified. If the candidate ultimately works outside of this primary location, the applicable minimum salary may differ.
Salary will be determined based on factors such as the position, type of work performed, individual skills, job description, working hours, diligence, initiative, self-management, length of employment, availability, and the quantity and quality of work delivered, as well as other objective and non-discriminatory criteria relevant to State Street employees.
In addition to salary, employees are eligible to be considered for discretionary annual performance-based awards.
We Offer:
Permanent contract from day one
Additional holidays (Birthday Day Off, 3rd and 5th year anniversary Day Off)
Gold Medical Package for employees and their families (partner and children)
Premium life insurance package and private pension plan
Wide range of soft skills training, technical workshops, language classes and development programs
Opportunities to volunteer your time to company-driven initiatives, employee networks or organizations of your choice
Variety of well-being programs
Additional benefits available depending on the seniority of the role
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
At State Street, we deliver leading investment platforms, data, expertise, and solutions that accelerate performance and better decision making.
With over 200 years of global financial leadership, we equip institutional investors through a comprehensive suite of capabilities:
Investment Services: Integrated front-to-back solutions across custody, accounting, and operations.
Investment Management: Index and active strategies from one of the world’s largest asset managers.
Markets: Multi-asset trading, FX solutions, and data-driven research to enhance portfolio value.
Who We Are
• 50,000+ employees worldwide
• Active in 100+ markets
• #1 in ETF servicing
What You’ll Find Here
• Executive perspectives and thought leadership
• Timely market commentary and macro insights
• Our views on investment operations, ETFs, private markets, and digital finance
• Stories reflecting our culture, values and commitment to diversity and inclusion
Offices: 1 Congress St, Boston, Massachusetts 02114, US · Avenida Paulista, 283/287, Sao Paulo , 01311-000, BR · 3550 Lenox Road, NE, 15th Floor, Atlanta, Georgia 30326, US · 801 Cassatt Road, Suites 211 and 300, Berwyn, Pennsylvania 19312, US · East 3rd Ring Road, Unit 01-02, 15F, East Tower No.1, Chaoyang, Beijing 100020, CN
How many Management & Leadership jobs are open in Gdansk, Poland right now?
There are currently 125 open management & leadership positions in Gdansk, Poland listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Management & Leadership roles in Gdansk, Poland?
Companies currently hiring include State Street, ICON plc, Accenture, SWAROVSKI, Lyten, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Management & Leadership jobs in Gdansk, Poland?
Yes — 93 of the 125 open management & leadership positions offer remote or hybrid work (15 remote, 78 hybrid).
How do I apply for Management & Leadership jobs in Gdansk, Poland?
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