Market Data Operations & Finance Analyst

Who We Are:

Millennium Management is a global investment management firm founded in 1989 that manages approximately $79 billion in assets. Millennium has more than 2,300 employees with offices in the United States, Europe and Asia. Over the last 25+ years, our mission has remained constant: to deliver the alternative investment industry’s highest quality returns to our investors, and to maintain a commitment to our principles of integrity, discipline and excellence.

About the Role:

We are seeking a highly skilled and detail-oriented Market Data Operations & Finance Analyst to join our Global Market Data Operations team. Our team actively manages our Global market data spend leveraging analytics to ensure accurate spend reporting for various stakeholders across the firm. This role is critical in managing the financial and operational aspects of our market data services, ensuring cost efficiency, compliance, and expense management. The ideal candidate will have 4-6 years of experience in finance, operations, and market data accounts payable, with a strong understanding of market data licensing, vendor relationships, accrual based accounting and financial analysis.

Key Responsibilities:

Invoice Management & Reconciliation

• Receive, validate, and post monthly/quarterly invoices from Bloomberg, Refinitiv, ICE, S&P, exchanges, and other providers.

• Reconcile charges against contracts, usage reports, and internal allocations; investigate variances and pursue credits or disputes where required.

• Coordinate invoice approvals and ensure timely submission to Accounts Payable, avoiding late-payment penalties.

Expense System Administration

• Serve as primary administrator of the market-data inventory / expense system (e.g., TRG FITS)

• Maintain an accurate inventory of services, users, contracts, and cost centers; oversee onboarding/off-boarding workflows.

• Configure rules, hierarchies, approval chains, and automated feeds to finance and GL systems; partner with IT on integrations and upgrades.

Required Qualifications & Skills

• 4–7 years of hands-on experience in market-data operations, vendor management, or finance operations within a financial-services environment.

• Deep knowledge of major market-data providers, exchange fee structures, and licensing models.

• Proficiency with at least one market-data inventory/expense tool (TRG FITS, MDSL, Xpansion, Axon, DART, etc.).

• Advanced Excel skills; familiarity with SQL, Power BI, Tableau, or similar analytics tools a plus.

• Strong understanding of procurement, accounting, and GL processes; experience interfacing with Accounts Payable.

• Excellent communication and negotiation skills; proven track record of collaborating with vendors and cross-functional teams.

• Bachelor’s degree in Finance, Accounting, Economics, Information Systems, or a related field (or equivalent experience).