Market Data Specialist

4 - 6 years

6 - 10 Lacs

Posted:3 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description


Key Responsibilities:

  • Market Data

  • Manage the end-to-end lifecycle of market data services, including sourcing, licensing, entitlements, renewals and decommissioning.
  • Perform Vendor Contract analysis and 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 audit/legal compliance.
  • Data Collection and Analysis:

  • Understand and assist in analysis related to purchasing, supplier performance etc. to identify trends and potential issues.
  • Supplier Research and Identification:

  • Assist in Researching and identifying potential suppliers under the guidance of the Category / Sourcing Manager
  • Contract Support:

  • Assist with contract management, including tracking deadlines, managing renewals, and ensuring compliance with terms and conditions.
  • Sourcing Execution:

  • Support the category manager in executing sourcing events and Supplier evaluation
  • Reporting and Analysis:

  • Assist in preparing reports on sourcing activities, supplier performance, and cost savings.
  • Process Improvement:

  • Assist with the development and implementation of process improvements in sourcing and procurement.
  • P2P Support:

  • Assist with any support needed on Procurement PO and other transactional processes as needed by Russell

Key Skills and Qualifications:

  • Bachelors degree in Finance, Business, Information Technology or a related field.
  • 4-6 years of relevant experience in market data management 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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Consulting

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