Senior Market Data Business Analyst

Senior Market Data Business Analyst

Requirements

• Four-year college degree.
• Previous experience with Market Data in Financial Services (5+ years) is required.
• Strong understanding of how market data fits within the systems landscape and ability to collaborate with IT.
• Collaborative, detail-oriented, self-starter with excellent verbal and written communication skills to effectively partner across various functions in the firm and with the market research and data vendors to accomplish the stated goals.
• Strong understanding of Market data vendors, products, and services as well as usage within Financial Services (Equity and Fixed Income investment strategies).
• Hands on, direct and practical business style with an attention to detail and responsive attitude.
• Demonstrated good judgement in complex evolving backdrops.
• Time management skills and the ability to manage multiple requests simultaneously, along with solid organizational skills and technical understanding of market data integration into key business processes.

Responsibilities

• Primary point of contact and relationship manager for assigned hard dollar research providers and market data vendors. Communicate with assigned critical vendors on a quarterly basis.
• Help facilitate vendor meetings and demonstrations, and coordinate communication between business units regarding vendors and their products.
• Responsible for creating and periodically updating an Industry best practice view of Market research and data usage aligned with industry trends and specific business needs at the firm.
• Help define and institute business processes for identifying and onboarding new research and data as per business needs, as well optimizing existing market research and data usage.
• Partner with IT, Legal, and business units for contract negotiations that, to the degree possible, reflect consistent, standardized language around rights of use, use cases and best practices for Service Level Agreements (SLAs).
• Collaborate with business units/users to ensure maximum use and efficiency of data products and removal/reduction of services not in use or that have declining use. Communicate with each business unit actively each month for critical vendors.
• Keep senior management informed and exposed to new technologies, vendors, and industry trends to optimize relationships, capabilities, and spend.
• Help maintain an inventory of market research and data vendors, products, and services, including details of internal and external usage.
• Monitor contract terms, rights of use, and actual usage across the firm, highlighting potential gaps and exposures.
• Help manage the reporting to exchanges and vendors (i.e., honesty statements and other reporting).

Preferred Qualifications

• Previous experience working with investment research providers and alternative data is a plus.
• Experience working with portfolio managers, equity and credit analysts is highly desirable.
• Knowledge of traditional market data vendors such as Bloomberg, Factset, MSCI, Refinitiv (LSEG), Moody’s, Markit, & S&P is preferred.
• Knowledge of investment research providers and expert networks.