Tiger Recruitment
Senior Procurement Specialist, Market Data Services
- Permanent
- Abu Dhabi, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 19/11/2026
Job overview
Date posted
05/10/2026
Location
Abu Dhabi, United Arab Emirates
Salary
AED 30,000 - 40,000 per month
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Senior & Lead
Qualification
Bachelors degree
Expiration date
19/11/2026
Job description
A missed notice period on a Bloomberg or FactSet contract can lock an investment organisation into another year it did not want, and preventing that is central to this Abu Dhabi position. Market data and financial information subscriptions from Bloomberg, LSEG (Refinitiv / Thomson Reuters), FactSet, Nasdaq, MSCI and S&P Global are managed here across their full lifecycle. A forward renewal calendar at 90, 60 and 30 days before each notice date drives departmental decisions to renew, amend or terminate. Order forms, data licence agreements and exchange policies are reviewed before signature, with price uplifts, multi-year commitments, redistribution rights and audit clauses challenged where needed. TRG Screen Optimize is the main tool, connected to Oracle Fusion and Accounts Payable, and you act as its business owner and power user. Budgets, cost allocations and invoice validation against contract terms are part of the job, as are AI-supported dashboards on spend, renewals and utilisation. Wider Procurement work and backup for the Sourcing team come up as well. Candidates need 8 to 10 years in procurement, contracts or vendor management, ideally with market data subscriptions, a Bachelor's in Accounting, Finance or Business, and CIPS, CPSM, CPP or equivalent certification. Salary is AED 30,000 a month.
Required skills
Key responsibilities
- Manage the full lifecycle of market data subscriptions, including new requests, user changes, downgrades, cancellations and renewals
- Maintain a department-wise inventory of services, users, licence types, costs and contract dates reconciled with invoices and entitlement reports
- Keep the Financial Information Services List current through periodic reviews with departments and Executive Admins
- Recommend consolidation, downgrade or cancellation of under-used, duplicated or overlapping licences
- Review order forms, subscription and data licence agreements and exchange policies before signature and at renewal
- Track auto-renewal clauses and termination notice periods and act before each deadline
- Run a forward renewal calendar at 90, 60 and 30 days before notice dates to secure departmental decisions
- Issue formal non-renewal or termination notices and keep evidence on file
- Challenge price uplifts, minimum terms, usage and redistribution rights and audit clauses with Contracts and Legal
- Lead sourcing and renewals through RFQs, benchmarking and direct awards within the Delegation of Authority
- Negotiate pricing, enterprise arrangements and renewal terms, and report savings
- Champion TRG Screen Optimize as business owner and support rollout of the TRG Order Management module
- Ensure the MDS process in Oracle Fusion works end to end, including the TRG-to-Accounts Payable integration
- Prepare the annual MDS budget, allocate costs to departments and validate invoices before payment
- Communicate vendor price-increase notices to departments promptly and obtain approvals
- Produce dashboards on MDS spend, renewals, notice deadlines, utilisation and savings using AI and analytics tools
Experience & skills
- Bring 8-10 years of experience in procurement, contracts or vendor management, preferably with market data subscriptions in investment or financial services
- Hold a Bachelor's degree in Accounting, Finance, Business or a related discipline
- Possess a procurement certification such as CIPS, CPSM, CPP or equivalent
- Prove hands-on experience managing renewals, notice periods and licence terms for Bloomberg, LSEG, FactSet and Nasdaq
- Use TRG Screen Optimize or a similar MDS inventory tool, and Oracle Fusion or another ERP/P2P system
- Apply AI and analytics tools while protecting confidential data
- Deliver from day one with minimal onboarding
- Offer an accounting or finance qualification such as CPA, CMA or ACCA (preferable)
- Speak and write Arabic (an advantage)