Senior Procurement Specialist – Market Data Services (MDS)

About the role

Black Pearl Consult is hiring a Senior Procurement Specialist – Market Data Services (MDS) in Abu Dhabi to manage the procurement and commercial administration of Market Data Services, including financial‑data subscriptions, vendor contracts, licensing, renewals and related expenditure. The role involves overseeing vendors such as Bloomberg, FactSet, Refinitiv/LSEG, rating agencies and exchanges.

Key responsibilities

• Manage the procurement of Market Data Services and financial‑information products.
• Handle vendors such as Bloomberg, FactSet, Refinitiv/LSEG, rating agencies, exchanges and similar service providers.
• Manage contracts, subscriptions, renewals, licences and vendor invoices.
• Maintain accurate records of market‑data products, users, costs and contract terms.
• Use Optimize Spend or a similar platform to monitor inventory, usage and expenditure.
• Review subscriptions and identify unused, duplicated or unnecessary services.
• Negotiate pricing, commercial terms and renewal conditions with vendors.
• Support cost‑saving and spend‑optimisation initiatives.
• Ensure compliance with vendor licensing requirements and contractual obligations.
• Coordinate with Procurement, Finance, IT and relevant business teams.
• Prepare spend reports, renewal schedules and vendor‑performance updates.
• Support budgeting and forecasting for market‑data expenditure.

Required profile

• Approximately 8‑10 years of relevant procurement experience.
• Strong hands‑on experience in Market Data Services procurement and vendor management.
• Experience managing Bloomberg, FactSet, Refinitiv/LSEG, rating agencies, exchanges or similar providers.
• Good understanding of financial‑data subscriptions, licensing models and usage rights.
• Hands‑on knowledge of Optimize Spend or a similar MDS inventory and spend‑management system.
• Strong commercial negotiation and cost‑optimisation skills.
• Previous experience in financial services is strongly preferred.
• CIPS or an equivalent recognised procurement qualification is an advantage.
• Stable employment history with good tenure in previous roles.
• Availability to join around the end of January or beginning of February.

Required skills

• Optimize Spend
• Bloomberg
• FactSet
• Refinitiv/LSEG