Head of Market Data Procurement

About the role

Lead and scale a market data advisory and procurement business serving financial institutions, including private equity, hedge funds, investment banks, and asset managers. This role owns strategy, P&L, team leadership, client relationships, and business growth, with a focus on building a scalable practice exceeding $10M+ ARR.

Responsibilities

• Own full P&L, growth strategy, pricing, delivery model, and operating metrics.
• Build and lead a high-performing global team of procurement and market data specialists.
• Serve as executive sponsor for strategic client engagements and complex vendor negotiations.
• Develop relationships with major market data, research, and analytics providers.
• Identify revenue growth opportunities through client expansion and new business development.
• Partner cross-functionally with sales, client success, and operations to drive business performance.

Requirements

• 10+ years of experience in market data, strategic sourcing, procurement, vendor management, consulting, or related financial services fields.
• Proven track record building and scaling teams, practices, or business lines with significant revenue growth.
• Experience leading teams of 5+ and managing international stakeholders.
• Strong executive-level negotiation, communication, and commercial skills.
• Financial acumen with experience managing budgets, forecasts, pricing, and margins.
• Bachelor's degree required; advanced degree preferred.

Preferred Background

• Procurement, spend management, advisory, or managed services experience within the financial services ecosystem.
• Established relationships across market data and research vendors.
• Experience in high-growth, private equity-backed, or global organizations.
• Background leading distributed teams and international business expansion.

Compensation and Schedule

Compensation: $200,000 to $240,000 plus bonus. The role is based in Manhattan, NY, with 4 days in the office and remote work on Fridays.