Moody's Investors Service

Let's begin! AVP-Sourcing (Market Data) (13964)

Moody's Investors Service • $135K — $196K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 7-10 years of Procurement Sourcing experience.
  • Strong understanding of Market Data category and negotiation of data licensing agreements.
  • Experience in enterprise-scale data licensing negotiations.
  • Familiarity with Market Data Management Inventory systems.
  • Excellent stakeholder and supplier relationship management abilities.
  • Analytical skills to forecast demand and model costs from diverse data sources.
  • Strong communication and interpersonal skills for managing multiple priorities.

Responsibilities

  • Lead sourcing for Market Data and Data Licensing agreements globally.
  • Analyze spend data to develop a comprehensive Category Strategy.
  • Execute strategic sourcing events aligned with business needs.
  • Advise on data licensing structures and compliance requirements.
  • Manage the Market Data renewal pipeline with internal stakeholders.
  • Collaborate with teams on data agreements that need Procurement support.
  • Negotiate competitive purchase agreements with benchmark providers.

Benefits

  • Medical, dental, and vision insurance.
  • Parental leave and paid time off.
  • 401(k) plan with contributions.
  • Life, disability, and accident insurance.
  • Discounted employee stock purchase plan.
  • Tuition reimbursement.
Full Job Description
Skills and Competencies
  • 7 - 10 years of Procurement Sourcing experience
  • Deep understanding of Market Data category with a strong track record of negotiating data licensing agreements
  • Strong experience in negotiating complex, enterprise-scale data licensing agreements
  • Experience with Market Data Management Inventory systems
  • Highly motivated self-starter that thrives in a fast-paced environment
  • Strong stakeholder and supplier relationship management skills with track record of navigating executive level relationships
  • Ability to analyze trends, forecast demand, and model costs from diverse data sources to deliver strategic insights
  • Strong written and verbal communication, interpersonal skills, and judgment, with the ability to manage multiple priorities and deliver against deadlines
  • Ability to work effectively across regions and with all levels of management
  • Experience balancing cost and risk targets to achieve organizational objectives
  • Proficient in Microsoft Excel and Word, including advanced skills such as creating and managing spreadsheets, using formulas for calculations, tracking data changes with redlining, and inserting comments to facilitate clear collaboration and document review
  • Basic understanding of artificial intelligence concepts, with curiosity and enthusiasm for learning how AI tools can be used to improve processes and drive efficiency. Interest in exploring AI systems and a willingness to develop awareness of responsible AI practices, including risk management and ethical use


Education
  • Bachelor's degree (or equivalent) from an accredited college/university


Responsibilities

The AVP - Market Data Sourcing serves as the Global Category Lead for all Market Data and Data Licensing agreements enterprise wide.
  • Lead end-to-end sourcing for supplier agreements across Market Data and other Data Licensing categories
  • Analyze Market Data spend and create a comprehensive Category Strategy to optimize how Moody's consumes third-party data across its various business units
  • Create and execute strategic sourcing events (RFPs, RFIs, targeted negotiations) with key Market Data suppliers that align to business needs
  • Act as Subject Matter Expert to advise stakeholders on data licensing structures, including usage rights, entitlements, and compliance requirements
  • Proactively manage Market Data renewal pipeline in collaboration with internal stakeholders
  • Liaise with Enterprise Data Estate and Partnerships team on inbound data agreements that require Procurement support
  • Collaborate with third-party benchmark providers to validate pricing proposals and negotiate competitive purchase agreements
  • Partner cross-functionally with Legal, Finance, Technology, and Data Governance to align sourcing strategy with enterprise priorities
  • Build strong relationships with senior business leaders and influence decisions at the executive level
  • Understand and report savings metrics to help contribute to department-wide objectives
  • Consistently focus on continuous improvement and process change
  • Leverage analytics, automation, and AI to improve sourcing efficiency and decision-making


About the Team

Our Procurement & Sourcing Group (PSG) team is responsible for driving strategic sourcing initiatives and delivering cost optimization across Moody's global operations. We contribute to the organization by managing enterprise-wide supplier relationships, advancing data licensing strategies, and enabling smarter, more efficient procurement decisions. By joining our team, you will be part of exciting work in Market Data and software procurement and vendor management, leveraging innovative technologies - including AI - to enhance efficiency and support business transformation.

For US-based roles only: the anticipated hiring base salary range for this position is $135,700.00 - $196,750.00, depending on factors such as experience, education, level, skills, and location. This range is based on a full-time position. In addition to base salary, this role is eligible for incentive compensation. Moody's also offers a competitive benefits package, including not but limited to medical, dental, vision, parental leave, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, a discounted employee stock purchase plan, and tuition reimbursement.

About Moody's Investors Service

Moody's Investors Service is a bond credit rating business that provides research, credit rating, and financial risk analysis services. The company’s ratings and analysis track debt that covers various countries, corporate issuers, public finance issuers, and structured finance obligations. Additionally, the company also offers predictive ratings, research and investor briefings, pricing and valuation tools, and credit opinions. The company’s primary goal is to help investors analyze the credit risks associated with fixed-income securities. Moody’s Investor Service rates debt securities in several market segments related to public and commercial securities in the bond market. These include government, municipal and corporate bonds; managed investments such as money market funds, fixed-income funds, and hedge funds; financial institutions that include banks and non-bank finance companies; and asset classes in structured finance. Considered one of the Big Three credit rating agencies, Moody’s Investor Service employs approximately 6,100 people worldwide and maintains a presence in 28 countries. Moody’s Investor Service was founded by John Moody in 1999 and is headquartered in New York City, United States.

Moody's Investors Service Careers

Join the esteemed team at Moody's Investors Service, a leading global provider of credit ratings, research, and risk analysis. This is a prime opportunity to be part of a company that values professional growth, leadership, and innovation in the financial industry.

Work You’ll Do

At Moody's Investors Service, the focus is on empowering the financial community to make better decisions through high-quality, independent, and rigorous analytics. The team at Moody's Investors Service is dedicated to maintaining and enhancing the transparency, integrity, and efficiency of global markets.

Explore Job Opportunities and Internships

Moody's Investors Service offers a variety of career paths, including full-time positions and internships that provide valuable industry experience. The company is committed to fostering a culture of excellence where skilled, passionate, and solution-driven team players thrive.

Innovative Work Environment

Engage in work that matters with a team that combines deep industry expertise with innovation to deliver insights that matter to global markets. Moody's Investors Service is at the forefront of integrating cutting-edge technology and data analysis in the financial sector.

Professional Growth and Development

Moody's Investors Service believes in future-proofing careers by offering unmatched opportunities for professional development and advancement. Whether through leadership programs, diversity training, or networking events, employees are equipped to excel in their careers and contribute to the company's success.

Benefits and Culture

The culture at Moody's Investors Service is built on a foundation of respect, integrity, and inclusion. Employees enjoy comprehensive benefits designed to support their health, well-being, and financial security. The company's commitment to diversity and inclusive growth makes it a leader not just in financial services, but also as an employer of choice.

Join the Team

Discover the range of positions available, from analyst roles to leadership opportunities. Moody's Investors Service is actively hiring and looking for individuals who bring creativity, teamwork, and a strong work ethic to the table.

Prepare for Your Interview

To join Moody's Investors Service, start by tailoring your resume to highlight relevant skills and experiences. Prepare for your interview by researching the company's impact on the financial industry and come ready to discuss how your background aligns with the company's goals and values.

Stay Connected

Keep up to date with the latest from Moody's Investors Service by following their career blog. Gain insights from insiders, and stay informed about new job openings and industry news.

Career Advancement at Moody's Investors Service

With a steadfast commitment to nurturing talent and a clear path for career advancement, Moody's Investors Service remains a top choice for professionals aiming to excel in the financial sector. Explore how you can contribute to and benefit from the company's legacy of success.

Search Moody's Investors Service Jobs

Find the position that matches your skills and interests. Moody's Investors Service is looking for dedicated, curious, and innovative professionals to join their team. Explore the exciting and rewarding opportunities that await at Moody's Investors Service.
Learn more about Moody's Investors Service
Industry
Finance & Insurance
Founded
1900
* Ladders Estimates

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