Market Data Analyst
MDMS Recruiting LLC
Chicago, IL
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JOB DETAILS
SALARY
$80,000–$120,000 Per Year
SKILLS
Analysis Skills, Budgeting, Communication Skills, Contract Management, Cost Control, Data Analysis, Data Management, Data Quality, Detail Oriented, Financial Services, Forecasting, General Ledger Accounting, Inventory Management, Licensing Compliance, Maintain Compliance, Market Analysis, Market Tracking, Operational Improvement, Operations Processes, Pivot Tables, Pricing, Problem Solving Skills, Procurement Management, Reconciliation, Stock Market, Team Player, Vendor/Supplier Evaluation, Vendor/Supplier Licensing, Vendor/Supplier Management, Vendor/Supplier Relations, Vendor/Supplier Selection, Vendor/Supplier Sourcing, Vlookups
LOCATION
Chicago, IL
POSTED
1 day ago
You'll oversee market data services sourced from vendors and exchanges. Your responsibilities span procurement and inventory management to budgeting and vendor relations. You'll collaborate with exchanges and internal teams to optimize our data infrastructure and ensure compliance with exchange reporting requirements.
The ideal candidate combines strong analytical skills with a solid understanding of financial markets and technology systems, plus the communication skills to work effectively across diverse teams.
Responsibilities
- Manage market data inventory, entitlements, and connectivity within market data management system
- Maintain vendor contracts, services, and recurring expense records, including contract entry and inventory management
- Partner with Accounting to reconcile market data expenses and accruals with the general ledger, investigate discrepancies, and coordinate resolutions with exchanges and vendors
- Prepare and submit monthly usage reporting to exchanges and third party vendors to ensure licensing compliance
- Provision market data access for employees, including ordering terminals, IDs, and licenses and coordinating delivery with vendors
- Support market data vendor management and procurement activities such as contract renewals, pricing reviews, budgeting, and forecasting
- Research vendor products and exchange changes and help improve internal Vendor Operations processes and workflows
- Experience in market data, vendor operations, exchange connectivity, or a related role within a financial services or trading environment
- Experience with market data inventory/entitlement systems or similar platforms preferred
- Strong analytical skills and advanced proficiency in Excel (e.g., formulas, v-lookups, pivot tables)
- Strong communication, organization, and problem solving skills, with the ability to collaborate effectively across teams
- Detail oriented with a proactive approach to identifying inconsistencies and improving data accuracy
About the Company
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