Market Data Compliance Consultant

Role - Market Data Compliance Consultant Location - Remote Contract Position with third party payroll Qualifications required: Market Data content experience (Refinitiv/LSEG, Bloomberg etc.) Experience in compliance activities, preferably in banking environment Technical background (high level understanding of financial applications, connectivity, ability to discuss requirements with developers) DACS experience (managing entitlements) Fast learner; ability to work independently; good communication Job description: Key Responsibilities: 1. Market Data Compliance for New Applications Collaborate with application owners to check and define market data requirements for new applications developed by the client Define market data entitlements in the Refinitiv Data Access Control System (DACS). Ensure that no unauthorized data is used or redistributed in any manner. Manage approximately 500 requests per year related to market data compliance. 2. Review Refinitiv Data Notifications Regularly review Refinitiv Data Notifications regarding content changes, including new or removed data and modifications in various services. Ensure users do not lose access to any utilized data. Verify compliance for new entitlements and assess the impact on users. Confirm that costs are covered for new content. Follow up with vendor management regarding any changes in vendor content. Handle approximately 500-600 requests per year, with a peak at the end of each quarter. Potentially extend responsibilities to include other vendors (e.g., Bloomberg) in the future. 3. Vendor Audit Management Verify data requirements upon the launch of new applications. Conduct regular reviews to monitor changes in data usage and ensure compliance. Adjust entitlements as necessary based on data usage changes. Document processes and findings for audit purposes.