Market Data Analyst recruitment
- An open door to strong career opportunities within the banking domain
- Excellent opportunity to be part of a reputable multinational bank
- Competitive salary and remuneration package
Summary:
A multinational bank is looking for a Market Data Analyst to join their rapidly growing operations.
Responsibilities
- Work closely with the business to understand requirements and advise best options available
- Provide transparent reporting to the business on their market data – spend, budget, usage
- Maintain strong relationships with clients, understanding their business, focus and requirements and providing the optimum solution to meet their needs
- Ensure services are delivered following the global processes in place for the end to end delivery. E.g. Data Access Control System (DACS), Master Data Management (MDM), RPM Package Manager (RPM )
- Ensure the business is kept aware of their market data costs though management reporting on spend, actual v budget, with detailed explanations for all variances provided.
- To regularly review market data usage / cost to ascertain potential cost savings opportunities, through evaluation of unused services, through effective negotiation with vendors or through consolidation and sharing.
- Working within the agreed operating model together with the global market data sourcing team, ensure all market data contracts are negotiated, renewed or cancelled through detailed analysis of usage, requirements and contract value. Ensure all signed contracts and usage stats are uploaded into MDM
- Working closely with the Market Data Processing teams in India, assume responsibility for the monthly allocation of market data costs ensuring accuracy and transparency and also, for the integrity of the Market Data held within the Global Inventory system.
- Ownership for the delivery of market data projects, including product upgrades, vendor product rollouts, cost saving initiatives and various ad-hoc projects
- Manage the data usage from a compliance perspective ensuring all contractual obligations and licenses are adhered to and communicated to the business with effective operational control processes in place. This includes ongoing review of existing and new applications.
- Liaison with both internal and external audit parties to ensure that all reporting and audit issues highlighted are handled and timely resolved, including communications with the concerned business parties
- Representative for business continuity planning, including recovery plan, impact analysis and test scripts.
Requirements
- 5 years+ experience in Market Data gained from working in the financial services sector
- Maintains internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
- Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy.
- Excellent understanding of market data inventory systems, processes and procedures including, MDM, RPM, DACS
- Cross asset class experience
- Good understanding of the commercial terms and conditions of the major market data vendors together with data usage terms
- Good understanding of the various product offerings from the key market data providers
- Track record of market data migration project to offshore location
- Good Team player
Interested candidates, please send your CV to Cedric Wong at c.wong@talent2.com.hk quoting job reference number IT-CW-39456. For a more comprehensive list of current opportunities, please visit http://www.talent2.com
July 6, 2012
• Tags: Information Technology careers in the Hong Kong SAR, Market Data Analyst recruitment • Posted in: Financial