Market Data Vendor Manager
Role Overview
Full-time role based in Chennai, India, supporting Glencore’s global Market Data team in the Oil division.
Responsible for vendor management, contract negotiation and administration, and market data portfolio oversight focused on value, compliance, and cost efficiency.
Works with trading, risk, legal, and technology teams on vendor selection, licensing, renewals, spend analysis, and optimization.
Key Skills for This Role
Full Job Posting
Role overview
Full-time role based in Chennai, India, supporting Glencore’s global Market Data team in the Oil division.
Responsible for vendor management, contract negotiation and administration, and market data portfolio oversight focused on value, compliance, and cost efficiency.
Works with trading, risk, legal, and technology teams on vendor selection, licensing, renewals, spend analysis, and optimization.
Responsibilities
- Manage market data, exchange, benchmark, and analytics vendor relationships across Trading, Risk, Finance, Operations, and Technology, working closely with the London-based procurement team.
- Support vendor selection, renewals, commercial negotiations, and sourcing to achieve cost-effective service and commercial outcomes.
- Review licences and usage, benchmark services, analyze spend, and drive cost optimization across the portfolio.
- Manage market data agreements, exchange licences, vendor contracts, Statements of Work, and related documentation.
- Coordinate with Legal, Compliance, Procurement, and Information Security on contractual, regulatory, and commercial requirements.
- Coordinate vendor onboarding, due diligence, and third-party risk assessments.
- Support audits, licence compliance reviews, entitlement management, and tracking of contractual obligations.
- Gather and validate business requirements; maintain contract, licence, vendor inventory, and governance records.
- Drive automation, governance improvements, operational efficiencies, and development of frameworks, controls, processes, and reporting.
- Build relationships with vendors, business users, and senior management; undertake other ad hoc duties as needed.
Qualifications and experience
- Bachelor’s degree or relevant work experience.
- 3 to 10 years in market data, including vendor management, market data administration, entitlement management, inventory analysis, or commercial management.
- Experience with inventory management tools such as TRG Optimize or Calero.
- Strong reporting, data analysis, spend optimization, and process improvement experience.
- Experience with market data platforms, vendor contracts, usage analytics, and automation tools is highly desirable.
- Familiarity with Bloomberg, LSEG, FactSet, S&P Global, ICE, or Morningstar and data governance processes is an advantage.
Competencies
- Strong communication and stakeholder management; excellent organization and time management.
- High attention to detail, data accuracy, analytical and problem-solving ability, and good financial acumen.
- Commercial mindset focused on cost optimization and business value; strong data interpretation skills.
- Advanced Excel, technology literacy, and interest in financial markets and market data trends.
- Proactive, adaptable, eager to learn, and able to work independently and collaboratively in a fast-paced environment.
- Data governance, compliance, and vendor management experience is advantageous.
About Glencore
Glencore is a global diversified natural resource company and producer and marketer of more than 60 commodities, with operations and offices across established and emerging regions.
Its customers include industrial consumers in automotive, steel, power generation, battery manufacturing, and oil sectors.
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