AVP, Market Data Category Manager, Enterprise Sourcing and Procurement

GIC is one of the world’s largest sovereign wealth funds. With over 2,000 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 world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

Corporate Infrastructure Services Department

The Corporate 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, the Enterprise 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 demand. In 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?

• Bachelor’s 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 an equal 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 provides reasonable accommodations for individuals with disabilities during the application and employment process — including interviews and essential job functions. Applicants requiring accommodations may contact grphrodtaops@gic.com.sg for support.

Learn More

Learn more about our Corporate Infrastructure Services Department here: https://gic.careers/departments/corporate-infrastructure-services-department/