Market Data Sourcing and Category Strategy Head – Managing Director

State Street

. Develop product/service strategy across Market Data categories (Pricing, Reference Data, Index Data, Desktop terminals, Exchange Fees, Research/News) .

Posted 5/20/2026full-timeBoston • Connecticut, Massachusetts, New Jersey • 🇺🇸 United StatesLead💰 $170,000 - $252,500 per yearWebsite

About the role

Key responsibilities & impact

Develop product/service strategy across Market Data categories (Pricing, Reference Data, Index Data, Desktop terminals, Exchange Fees, Research/News)
Develop vendor strategy aligned with product/service strategy
Develop preferred list of vendors with the right balance of capabilities and cost
Partner with businesses to understand their Client and Product strategy
Optimize spend by analyzing unnecessary demand and using lower cost alternatives
Identify, initiate, and project manage initiatives to reduce the expense base
Understand Market Data needs and source products/services from optimal vendors
Perform direct negotiations on large and complex Market Data agreements
Provide advice and guidance within Market Data sourcing
Analyze data to identify opportunities to reduce existing cost base
Review, negotiate and draft Market Data contracts
Collaborate with Third Party Risk Management teams to mitigate risks and ensure compliance

Requirements

What you’ll need

Bachelor’s Degree
A Master’s degree and/or Law degree a plus
10+ year proven experience managing high performing global teams
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
High intellect, decisiveness and the drive and flexibility to operate in a constant changing environment
A leader with high integrity and forethought in decision making
Ability to demonstrate a strategic approach to tackling spend across the entire category
Proven self-starter able to manage multiple priorities
Personal resilience in a fast-paced, ambiguous environment
Strong strategic thinker and problem solver with attention to detail
Excellent written and verbal communication skills

Benefits

Comp & perks

Diversity of opportunities across a range of challenging and highly complex activities
Leadership career pathway
International operating environment
Soft skills trainings
Technical workshops
Employee savings plan
Premium life insurance package
VIP medical package
Additional holiday entitlement

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

contract negotiationdata analysisproject managementvendor managementcost optimizationmarket data sourcingcontract draftingstrategic planningrisk management

Soft Skills

leadershipdecisivenessflexibilityintegritystrategic thinkingproblem solvingattention to detailcommunicationresilienceself-starter

Certifications

Bachelor's DegreeMaster's DegreeLaw Degree