Market Data Specialist

You should have 7-12 years of experience in market data management within capital markets or investment banking environments. You will be responsible for managing the end-to-end lifecycle of market data services, including sourcing, licensing, entitlements, renewals, and decommissioning. You will also perform Vendor Contract analysis and support cost reduction initiatives through usage optimization, contract consolidation, and service rationalization. Additionally, you will provide oversight and administration of third party market data including contract management, invoicing, and audit/legal compliance. Your role will involve understanding and assisting in analysis related to purchasing, supplier performance, etc. to identify trends and potential issues. You will be expected to assist in researching and identifying potential suppliers under the guidance of the Category/Sourcing Manager. Furthermore, you will assist with contract management, including tracking deadlines, managing renewals, and ensuring compliance with terms and conditions. Supporting the category manager in executing sourcing events and supplier evaluation will also be part of your responsibilities. You should have a Bachelor's degree in Finance, Business, Information Technology, or a related field. Strong knowledge of market data vendors and services is required, along with the 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 are essential. You should also be able to collaborate effectively with team members and stakeholders from different departments. In addition, you will assist in preparing reports on sourcing activities, supplier performance, and cost savings. You will also be involved in the development and implementation of process improvements in sourcing and procurement. Any support needed on Procurement PO and other transactional processes as needed by Russell will also fall under your responsibilities.,