Market Data Vendor Manager

About the role

Glencore's global Market Data team supports the Oil division, and this role is based in Chennai. It covers vendor management, contract negotiation and administration, and oversight of the market data portfolio to ensure value, compliance and cost efficiency. The post works with trading, risk, legal and technology teams on vendor selection, licence management, contract renewals, spend analysis and optimisation.

Key responsibilities

• Manage relationships with market data, exchange, benchmark and analytics vendors across Trading, Risk, Finance, Operations and Technology, working closely with the London-based procurement team
• Support vendor selection, contract renewals, commercial negotiations and sourcing initiatives
• Review licences, assess usage, benchmark, analyse spend and drive cost optimisation
• Manage agreements, exchange licences, vendor contracts, Statements of Work and related documentation
• Work with Legal, Compliance, Procurement and Information Security on contractual, regulatory and commercial requirements
• Coordinate vendor onboarding, due diligence and third-party risk assessment
• Support audits, licence compliance reviews, entitlement management and tracking of contractual obligations
• Gather and validate business requirements so licensing solutions fit business needs
• Maintain accurate contract, licence, vendor inventory and governance records
• Drive process automation, governance enhancements and reporting capabilities, and build relationships with vendors, business users and senior management

Required profile

• Bachelor's degree or relevant work experience
• 3 to 10 years of experience in market data, including vendor management, administration, entitlement management, inventory analysis or commercial management
• Strong reporting, data analysis, spend optimisation and process improvement experience
• Experience with market data platforms, vendor contracts, usage analytics and automation tools is highly desirable
• Familiarity with financial market data providers (Bloomberg, LSEG, FactSet, S&P Global, ICE, Morningstar) and data governance is an advantage

Required skills

• Inventory management tools: TRG Optimize, Calero
• Advanced Excel and strong technology literacy
• Communication, stakeholder management, analytical and problem-solving skills
• Commercial mindset focused on cost optimisation
• Experience with data governance, compliance and vendor management is advantageous