
Market Data Specialist
6 days ago
Market Data Specialist
Location: Pune, India
Experience: 7-12 Years
Notice Period: Immediate to 30 Days
Employment Type: Full-time
Job Overview:
We're looking for a highly experienced and detail-oriented Market Data Specialist to manage the full lifecycle of market data services. With 7-12 years of relevant experience, you'll be instrumental in optimizing market data usage, analyzing vendor contracts, and supporting cost reduction initiatives within a dynamic capital markets environment. If you possess strong analytical skills and a deep understanding of market data vendors, this role offers a significant opportunity to contribute to our financial operations.
Key Responsibilities:
- Manage the end-to-end lifecycle of market data services, encompassing sourcing, licensing, entitlements, renewals, and decommissioning.
- Perform comprehensive vendor contract analysis and actively support cost reduction initiatives through usage optimization, contract consolidation, and service rationalization.
- Provide oversight and administration of third-party market data, including contract management, invoicing, and ensuring audit and legal compliance.
- Understand and assist in analysis related to purchasing and supplier performance to identify trends and potential issues within market data procurement.
- Assist in researching and identifying potential suppliers under the guidance of the Category or Sourcing Manager.
- Provide robust contract support, including tracking deadlines, managing renewals, and ensuring strict compliance with terms and conditions for market data agreements.
- Support the Category Manager in executing sourcing events and supplier evaluation processes.
- Assist in preparing detailed reports on sourcing activities, supplier performance, and cost savings related to market data.
- Contribute to the development and implementation of process improvements in sourcing and procurement workflows.
- Assist with any necessary support for Procurement PO and other transactional processes as needed.
Required Skills & Qualifications:
- Bachelor's degree in Finance, Business, Information Technology, or a related field.
- 6-7 years of relevant experience in market data management specifically within capital markets or investment banking environments.
- Strong knowledge of market data vendors and services.
- Ability to identify research objectives, develop appropriate methodologies, and solve complex problems related to market research.
- Strong analytical skills for cost tracking, usage analysis, and reporting.
- Ability to collaborate effectively with team members and stakeholders from different departments.
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