AVP, Market Data Category Manager, Enterprise Sourcing and Procurement

Location:Singapore

Job Function:Corporate Infrastructure Services Department

Job Type:Permanent

Req ID:17094

GIC is one of the worlds largest sovereign wealth funds. With over 2000 employees across 11 offices around the world we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the worlds industry leaders. As a leading global long-term investor we Work at the Point of Impact for Singapores financial future and the communities we invest in worldwide.

Corporate Infrastructure Services Department

TheCorporate Infrastructure Services Department (CISD)at GIC focuses on maintaining a best-in-class workplace environment that enables employees to perform at their highest potential. Within CISD theEnterprise Sourcing & Procurement (ESP)team provides strategic procurement and sourcing support ensuring compliance with internal and external requirements value optimization and quality assurance across all organizational activities.

The Market Data Category Management and Centre of Excellence sits within ESP with a focus on sourcing and assessing market data services the full lifecycle support from procuring to ongoing management of the service as well as identifying optimization opportunities.

What impact can you make in this role

The Assistant Vice President (AVP) Market Data Category Manager will be responsible for the research and assessment of market data sources/vendors to meet business addition the role will drive the sourcing and procurement process to negotiate and contract for the identified market data service most suited to meet business requirements. As a central function the role will be responsible to manage strategic vendor relationships and identify optimization opportunities for cost savings.

What will you do as a Market Data Category Manager

Stakeholder Partnership

• Partner with internal stakeholders - including Business COOs and Business Managers Investment Professionals Quantitative Analysts and Risk Analysts - to understand business requirements and deliver fit-for-purpose market data solutions.

Procurement and Contracting

• Lead the end-to-end procurement process from sourcing and evaluating market data solutions for suitability and cost-effectiveness to negotiating commercial terms and finalizing contracts.

Strategic Vendor Relationship Management

• Build and maintain strong relationships with strategic market data vendors to identify areas of collaboration and optimization.

Strategic Sourcing and Planning

• Develop and execute strategic sourcing plans with stakeholders across key sub-categories within market data.

Market Research and Innovation

• Proactively research and assess emerging trends in market data particularly in alternative data to inform sourcing strategies and innovation opportunities.

What qualifications and skills should you possess

• Bachelors degree from a recognized tertiary institution with a minimum of 5 years of relevant experience in procurement finance or asset management including at least 3 years of direct hands-on experience in market data sourcing or management.
• Deep expertise in knowledge of major market data providers market data products and services (Bloomberg LSEG/Refintiv Markit) is preferred.
• Strong knowledge of financial instruments and markets.
• Excellent interpersonal and communication skills with the ability to collaborate effectively across diverse stakeholder groups and influence outcomes
• Proven experience in category management procurement and sourcing contract and commercial negotiation as well as financial and contract management.

Work at the Point of Impact

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious agile and diverse teams - be empowered to push boundaries and pursue innovative ideas share your views and be heard. Be anchored on our PRIME Values: Prudence Respect Integrity Merit and Excellence which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

Flexibility at GIC

At GIC our offices are vibrant hubs for ideation professional growth and interpersonal connection. At the same time we believe that flexibility allows us to do our best work and be our best selves. Thus our teams come into the office four days per week to harness the benefits of in-person collaboration but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.

GIC is an equal opportunity employer

GIC is anequal opportunity employer committed to fostering diversity and inclusion across all dimensions. The organization does not discriminate on the basis of race religion color national origin sex gender identity or expression sexual orientation age marital status veteran status or disability.

GIC also providesreasonable accommodationsfor individuals with disabilities during the application and employment process including interviews and essential job functions. Applicants requiring accommodations may contactfor support.

Learn More

Learn more about our Corporate Infrastructure Services Department here: Experience:

Manager