Job Description
This is a senior individual contributor role with significant cross-functional influence. The successful candidate will be expected to lead vendor negotiations, manage licensing compliance, and deliver a multi-year improvement project, while transitioning new capabilities into business-as-usual operations.Role Outcomes
* Lead the delivery of the Market Data Consolidation project, including vendor renegotiations, centralisation of feeds via the Enterprise Data Platform (EDP), and implementation of a Market Data Management (MDM) tool and data catalogue.
* Manage strategic vendor relationships and lead contract negotiations with the "Big 6" providers and over 100 smaller suppliers.
* Oversee the full market data budget, identifying and delivering cost savings through usage optimisation, contract consolidation, and improved governance.
* Establish a centralised market data distribution model, ensuring consistent, timely access to data across the business.
* Perform detailed feed-level analysis across vendors, comparing coverage, timeliness, granularity, and cost to identify duplication, gaps, and consolidation opportunities across pricing, reference, index, and analytics data.
* Use SQL and data analytics to interrogate market data usage, lineage, and consumption patterns within Snowflake / EDP, identifying optimisation opportunities and unused or overlapping entitlements.
* Identify synergies and rationalisation opportunities between market data feeds, platforms, and downstream consumers, driving simplification of the market data landscape.
* Implement governance frameworks for licensing, usage, and entitlements, ensuring compliance with vendor agreements and exchange policies.
* Act as the key liaison between business, technology, and compliance teams to align data services with operational and regulatory needs.
* Provide project leadership for the transformation programme, coordinating cross-functional delivery and ensuring successful transition to BAU.
* Monitor and report on market data usage, entitlements, and spend, using analytics to drive continuous improvement and cost control.
Technical Skills
* Deep knowledge of market data vendors, products, and licensing models (e.g. Bloomberg, Refinitiv, FactSet, FTSE, ICE, Morningstar).
* Experience managing large-scale vendor contracts and enterprise-level negotiations.
* Familiarity with market data compliance, licensing audits, and exchange rules.
* Understanding of data integration platforms and enterprise data architecture (e.g. Snowflake, EDP).
* Experience implementing MDM tools, data catalogues, and entitlement management systems (e.g. MDSL, FITS, DACS).
* Strong analytical skills with the ability to interpret usage data and identify optimisation opportunities.
* Knowledge of financial markets and instruments, including pricing, indices, analytics, and reference data.
* Strong SQL skills with hands-on experience analysing large-scale market data sets in cloud data platforms (e.g. Snowflake), including usage, coverage, and cost attribution.
* Proven experience in market data feed comparison and consolidation, including identification of overlapping datasets, coverage gaps, and vendor substitution opportunities.
* Hands-on knowledge of market data consolidation programmes, including central ingestion, normalisation, entitlement mapping, and downstream distribution.
* Experience leveraging AI / advanced analytics to enhance market data governance, including automated data classification, usage pattern detection, anomaly identification, and cost optimisation insights.
* Understanding of data lineage, metadata, and data quality controls as applied to market data within enterprise data platforms.
Professional Skills
* Strong stakeholder management and communication skills across business, technology, procurement, and compliance.
* Proven leadership in delivering complex, cross-functional programmes, including project planning, risk management, and stakeholder engagement.
* Commercial mindset with a focus on cost control, value delivery, and ROI.
* Organised and process-oriented, with a focus on governance and operational excellence.
* Experience in financial services, ideally within investment or wealth management.
* Ability to operate independently while collaborating across teams to deliver strategic outcomes.
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