Market Data Specialist

We are seeking a highly organized, detail-oriented and knowledgeable Market Data Specialist to manage and optimize market data services across the organization and to support the investment teams by managing benchmark governance, market data sourcing, and vendor relationships. This role would also involve working closely with internal stakeholders and external market data partners/vendors to ensure timely and accurate data usage optimization, contractual negotiations and compliance, and support strategic initiatives related to market data such as usage, cost efficiency and governance.

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.