Procurement Category Manager – Inbound Market Data

CME Group is seeking a highly motivated and intelligent self-starter to manage CME’s Inbound Market Data. The Category Manager is a sourcing professional, negotiator, and project manager accountable for end-end sourcing and contracting of market data. This role provides essential procurement and supplier expertise in the areas of strategic sourcing with strong commercial and contractual experience.

Principal Accountabilities:

• Act as business point of contact for all market data service reviews while overseeing and managing CME’s market data spend
• Work directly with individuals across the business to determine need for market data, ensure usage is maximized, and there is no redundancy
• Maintain accurate information on each market data vendor including descriptions, terms, financials, and contacts
• Create business unit market data vendor reporting and track spend across business units and functions
• Manage the day-to-day firmwide market data operations, including adding or deleting users and reconciling invoices
• Ensure accurate allocations of market data services to individual business units and users
• Understand user requirements for contract renewals and user requests for new services
• Identify cost-effective opportunities and socialize those ideas with stakeholders
• Manage and oversee technology and tools supporting market data management

Skills & Software Requirements:

• Strong understanding of market data and market data provides such as LSEG, Bloomberg, S&P Global, Moody’s, etc. a plus
• Excellent understanding of procurement processes
• Excellent analytical skills
• Strong knowledge and use of procurement applications
• Excellent communication skills
• Strong project management skills
• Strong understanding of contracting principles

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $86,900-$144,900. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant).

Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group:
Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers.

Those are our people. And we’re looking for more.

At CME Group, we embrace our employees’ unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.