Innovation and Market Data

Job Description

Job Description: Understand business requirements for market data in respect to the asset management industry Negotiation with vendors on contractual terms and fees Manage and monitor usage to ensure compliance of market data contract and efficiency in utilization Review data invoices in accordance to contractual agreements Ensure alignment to data governance framework Streamline market / vendor data practices for improved efficiencies Define and execute a market data strategy Manage vendor cost and allocation of cost across various business units Conduct quarterly business reviews with major data vendors Support projects Manage change and the impact to market data as the company grows and goes through various transformations Experience / Qualifications: Degree in Finance, Account or Business -related disciplines. At least 5 years experience in large financial services institutions especially Asset Management and Investment Services sector. A deep understanding of asset management business (usage of data, processes, systems, controls and deliverables). Demonstrated experience in Market Data and hands on experience on related internal processes. Knowledge of Market Data vendor services/ products and contractual aspects. Ability to deal with business stakeholders Demonstrated ability to work collaboratively as part of the small team. Data management experience and understanding of data management frameworks are strong added values. Experience of Market Data Inventory Systems such as FITS, InfoMatch, Optimize Spend or MDM will be an advantage. Roles and Responsibilities Job Description: Understand business requirements for market data in respect to the asset management industry Negotiation with vendors on contractual terms and fees Manage and monitor usage to ensure compliance of market data contract and efficiency in utilization Review data invoices in accordance to contractual agreements Ensure alignment to data governance framework Streamline market / vendor data practices for improved efficiencies Define and execute a market data strategy Manage vendor cost and allocation of cost across various business units Conduct quarterly business reviews with major data vendors Support projects Manage change and the impact to market data as the company grows and goes through various transformations Experience / Qualifications: Degree in Finance, Account or Business -related disciplines. At least 5 years experience in large financial services institutions especially Asset Management and Investment Services sector. A deep understanding of asset management business (usage of data, processes, systems, controls and deliverables). Demonstrated experience in Market Data and hands on experience on related internal processes. Knowledge of Market Data vendor services/ products and contractual aspects. Ability to deal with business stakeholders Demonstrated ability to work collaboratively as part of the small team. Data management experience and understanding of data management frameworks are strong added values. Experience of Market Data Inventory Systems such as FITS, InfoMatch, Optimize Spend or MDM will be an advantage.