Market Data Vendor Manager
- Glencore
- Chennai, Tamil Nādu, India
- Corporate & Support
- 3+ years
Glencore Careers · Found 29 Sept · Checked today
ApplyMarket Data Contract/Vendor Manager Chennai, India You will join Glencore’s global Market Data team supporting the Oil division. The role is responsible for vendor management, contract negotiation and administration, and oversight of the market data portfolio to ensure value, compliance, and cost efficiency. Working with trading, risk, legal, and technology teams, you will support vendor selection, licence management, contract renewals, spend analysis, and optimisation initiatives. Success in the role requires strong commercial acumen, attention to detail, stakeholder management skills, and the ability to deliver results in a fast-paced global environment. Responsibilities: · Working closely with the London-based Market Data Procurement team, managing relationships with market data, exchange, benchmark, and analytics vendors across Trading, Risk, Finance, Operations, and Technology teams. · Supporting vendor selection, contract renewals, commercial negotiations, and sourcing initiatives to ensure cost-effective service delivery and optimal commercial outcomes. · Conducting licence reviews, usage assessments, benchmarking, spend analysis, and cost optimisation initiatives across the market data portfolio. · Managing market data agreements, exchange licences, vendor contracts, Statements of Work, and related contractual documentation. · Working closely with Legal, Compliance, Procurement, and Information Security teams to ensure contractual, regulatory, and commercial requirements are appropriately maintained. · Coordinating vendor onboarding, due diligence, and third-party risk assessment activities. · Supporting market data audits, licence compliance reviews, entitlement management, and the tracking of contractual obligations. · Gathering and validating business requirements and ensuring licensing solutions align with business needs. · Maintaining accurate contract, licence, vendor inventory, and governance records. · Driving process automation, governance enhancements, and operational efficiencies across the market data function. · Building strong relationships with vendors, business users, and senior management to support effective service delivery and decision-making. · Ensuring compliance with internal policies, contractual obligations, exchange requirements, and regulatory standards. · Supporting the development of market data governance frameworks, controls, processes, and reporting capabilities. · Undertaking other ad hoc duties as required. Key relationships: Market data team – London, Chennai, AMER Business stakeholders all locations Legal Metals Qualifications: Bachelor’s degree or relevant work experience Work experience: · 3 to 10 years of experience in Market Data, including vendor management, market data administration, entitlement management, inventory analysis, or commercial management · Experience of inventory management tools (TRG Optimize, Calero) · 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 (e.g., Bloomberg, LSEG, FactSet, S&P Global, ICE, Morningstar) and data governance processes is an advantage Competencies: · Strong communication and stakeholder management skills · Excellent organisational and time management abilities · High attention to detail with a focus on data accuracy · Strong analytical and problem-solving capability · Commercial mindset focused on cost optimisation and business value · Good financial acumen and data interpretation skills · Advanced Excel and strong technology literacy · Interest in financial markets and market data trends · Proactive, adaptable, and eager to learn · Ability to work independently and collaboratively in a fast-paced environment · Experience with data governance, compliance, and vendor management is advantageous Who we are Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life. With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of offices. Glencore’s customers are principally industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Important information This material does not purport to contain all of the information you may wish to consider. For further important information, including in connection with forward-looking statements and other cautionary information, refer to the Important notice section of Glencore’s 2025 Annual Report, which is available at glencore.com/publications. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from any future events, results, performance, achievements or other outcomes expressed or implied by such forward-looking statements. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities. Other information The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference
