Market Data Manager

S&P Global, Inc.; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial technology firm in London is seeking a Market Data Manager to design and implement solutions for market data management. You will collaborate across teams, manage vendor relationships, and ensure data compliance and quality. Ideal candidates will hold a Bachelor’s degree and possess strong experience in data procurement and financial markets. Competitive benefits package offered.

Benefits

Health & Wellness benefits

Generous time off

Continuous Learning resources

Competitive pay

Family Friendly Perks

Qualifications

• Experience in designing, implementing and/or maintaining data systems.
• Strong understanding of data procurement and regulatory compliance.
• Proven experience with strategic external stakeholders.

Responsibilities

• Design and implement market data management solutions.
• Manage vendor relationships and compliance.
• Develop data governance frameworks.

Skills

Data procurement

Data distribution technologies

Financial markets knowledge

Communication skills

Education

Bachelor’s degree in a related field

Tools

SAP Ariba

Job description

About the Role

The Team: The role will report into our Data Transformation Head in Product Design. The team is focused on consolidating our data assets including those procured into the business and data generated by the business. The team is at the heart of shaping the future of OSTTRA and delivering efficiencies for our customers and internal functions.

Responsibilities and Impact

The Market Data Manager will be responsible for designing and implementing the technical solutions for a newly established centralised market data management function within OSTTRA. The role will cover all market data sourcing and licensing conversations with external vendors as well as ownership of entitlement and compliance frameworks associated with the onward use of the data. This role will play a pivotal part in ensuring the integrity, security, and efficiency of market data capture, storage and distribution across OSTTRA’s data sources.

The Market Data Manager will:

• Design and implement robust solutions that perform procured data inventory management, in collaboration with cross functional teams
• Develop and maintain comprehensive documentation for all designs and processes
• Vendor Relationship Management:
  • Manage relationships with market data vendors, ensuring favourable terms and compliance with contractual obligations
  • Negotiate contracts, renewals, amendments and new requests to optimise for cost and service quality
  • Act as the primary point of contact for vendors, addressing any issues or escalations promptly
• Compliance and Licensing Management:
  • Monitor and enforce compliance with internal market data licensing policies
  • Ensure all data usage adheres to vendor agreements and regulatory requirements
  • Conduct regular audits and assessments to verify compliance and address any discrepancies
• Data Governance and Quality Assurance:
  • Develop, implement and maintain governance frameworks and procedures to ensure data accuracy, integrity, and consistency
  • Monitor data quality metrics and drive continuous improvement initiatives
• Stakeholder Collaboration:
  • Primary point of contact for all internal market data requests
  • Collaborate with internal stakeholders, including IT, legal, compliance, and business units, to align market data solutions with organisational goals
  • Provide technical expertise and support for market data-related projects and initiatives
  • Conduct training and awareness sessions for end-users on data policies and best practices
• Reporting and Analytics:
  • Develop and deliver regular reports on market data usage, compliance, and vendor performance
  • Utilise analytics to gain insights into market data trends and inform decision-making
  • Support strategic planning with accurate and timely data analysis

What We're Looking For

Basic Required Qualifications

• Bachelor’s degree in a related field
• Experience in designing, implementing and/or maintaining data systems and transformation processes
• Strong understanding of data procurement and data distribution technologies
• Proven knowledge of financial markets reference and price data and familiarity with licensing & compliance frameworks from the leading financial market data providers
• Proficiency in query languages and experience in interpreting complex database structures
• Proven experience working with strategic external stakeholders
• Experience with governance frameworks and timely status reporting
• Demonstrated ability to drive process improvement
• Excellent communication and collaboration skills
• Ability to work effectively with cross-functional teams and senior management

Additional Preferred Qualifications

• Advanced degree preferred
• Experience in the financial services or capital markets industry
• Prior negotiation experience at an enterprise level
• Experience with data management or market data best practices
• Experience with procurement systems, e.g. SAP Ariba

About OSTTRA

OSTTRA is an independent firm jointly owned by S&P Global and CME Group. As part of the joint venture, S&P Global provides recruitment services to OSTTRA – however, successful candidates will be interviewed and directly employed by OSTTRA, joining our global team of more than 1,200 post-trade experts.

OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post-trade evolution: MarkitServ, Traiana, TriOptima and Reset. OSTTRA is a joint venture, owned 50/50 by S&P Global and CME Group. Our network connects thousands of market participants to streamline end-to-end workflows from trade capture to settlement.

Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology.

Learn more at www.osttra.com.

What’s In It For You?

Benefits:

• Health & Wellness: Health care coverage designed for the mind and body
• Flexible Downtime: Generous time off
• Continuous Learning: Access to resources to grow your career
• Invest in Your Future: Competitive pay, retirement planning, continuing education with company-matched student loan contribution, and financial wellness programs
• Family Friendly Perks: Perks for partners and children
• Beyond the Basics: Discounts and additional perks

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Equal Opportunity Employer

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

If you need an accommodation during the application process due to a disability, please send an email to [e-mail]. Your request will be forwarded to the appropriate person.

US Candidates Only: The EEO is the Law Poster: http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf