Senior Data Associate, Market Data Operations

Job Purpose

This group is responsible for the management, provisioning, reporting, and overall usage compliance of third-party market data both internally and externally. Our remit:

• To provide a value-add service across ICE Data Services’ multiple business lines.
• To establish a proactive, forward-facing, service-oriented group with a clear understanding of the value of the corporate strategic assets (“the data”) of which we are in effect the custodians.
• To implement a series of clearly defined best practices across all business lines and all product lines to support our global business in a timely, efficient & compliant way.
• To implement robust processes to support the sales cycle and the client on-boarding process while adhering to our core principals of source compliance & consistency.

The mandate of the Market Data Operations group is to provide a first-in-class management service with respect to the provisioning, reporting, and remittance of payment on behalf of our clients in compliance with our source obligations.

The Senior Data Associate, Market Data Operations is responsible for producing timely and accurate reporting of usage to various Third Party Market Data Suppliers; ensuring that the corresponding invoices received are processed, both timely and efficiently, to ensure prompt payment to the various Third Party Market Data Suppliers; assisting with various projects and source mandated change management processes; and aiding in the preparation and maintenance of usage analytics, market data trends, and other meaningful data aggregation that can aid in various decision making processes throughout the business. The candidate should possess the following skills: team-oriented; self-motivated; ability to work well independently; strong sense of responsibility; strong communication and presentation skills; strong analytical skills; ability to achieve repeatable results; ability to process information quickly and develop a general understanding of Third-Party Market Data Supplier policies.

Responsibilities

• Prepare and distribute consistent and comprehensive usage reporting of ICE Data Services’ client base to various Third-Party Market Data Suppliers on a monthly/quarterly/semi-annual/annual basis
• Validate third-party market data invoices, via established reconciliation processes, against both usage reporting and contractual obligations.
• Liaise with sources and internal stakeholders to resolve issues regarding usage reporting or billing.
• Monitor various usage and reporting trends for abnormalities, inconsistencies and fluctuations that may require additional research/investigation
• Engage and assist in various change management processes involving different elements of Market Data Operations and Compliance
• Perform other administrative tasks as directed
• Special projects and tasks as assigned

Knowledge and Experience

• College degree preferred (or equivalent industry experience in lieu of a college degree)
• Proficiency in Microsoft Office; Concentration in Excel (Advanced proficiency in Pivot Tables/Charts, VLOOKUP, Index Match, VBA Macros considered a plus)
• Basic Coding Skills (SQL, Python) considered a plus
• A proactive nature and approach to learning, problem identification and problem resolution
• Thoroughness, attention to detail and the ability to think and work both independently and within a team environment
• Service oriented toward both internal and external clients
• Strong organizational, prioritization and time management skills
• Good written, oral, and interpersonal skills