Market Data Specialist

Key Responsibilities include, but are not limited to the following:

Market Index Sourcing & Onboarding

• Identify and onboard new market data/benchmark/indices to support evolving investment strategies.
• Evaluate index/market data providers for coverage, acceptability, and data quality with stakeholders.
• As an extension, you may be required to maintain benchmark documentation, conduct periodic reviews of benchmark relevance, and support the onboarding of new benchmarks and indices, and communicate with stakeholder.
  

Market Data Management

• Review market data usage across the firm and support contract renewals.
• Ensure compliance with licensing agreements and optimize data consumption.
  

Vendor & Stakeholder Management

• Manage relationships with key market data and benchmark vendors (e.g., Bloomberg, MSCI, FTSE Russell, S&P Dow Jones).
• Lead negotiations on contractual terms, licensing fees, and service levels.
• Act as a liaison between vendors and internal stakeholders including Investment, Risk, Compliance, and Technology teams.
  

Cost Optimization & Process Improvement

• Monitor and analyze licensing costs, identifying opportunities for cost savings and process efficiencies.
• Contribute to data governance initiatives to enhance operational effectiveness and risk mitigation.
  

Project Contribution

• Participate in or lead ad hoc projects related to benchmark strategy, data integration, and vendor management.
• Support continuous improvement efforts across data and benchmark operations.
  

Experience / Qualifications

• Degree in Finance, Account or Business-related disciplines.
• A least 5 years’ experience in large financial services institutions especially Asset Management and Investment Services sector.
• A deep understanding of asset management business for usage of data, licensing, processes, systems, controls and deliverables.
• Proven hands-on experience in Market Data operations & ecosystem is a MUST.
• Strong knowledge of market data vendor services/products (e.g., Bloomberg, Refinitiv, MSCI) and contractual frameworks is a must.
• Data management experience and understanding of data management frameworks are strong added values.
• Knowledge of benchmark governance and lifecycle management, particularly in the context of investment benchmarks used for performance attribution and risk monitoring, will be a strong advantage.
• Proficiency with Market Data Inventory Systems such as FITS, InfoMatch, Optimize Spend, or MDM is highly preferred.
• Ability to deal with business stakeholders.
• Demonstrated ability to work collaboratively as part of the small team.