Market Data Analyst

New York, NY, USA
August 9, 2024
$140,000 - $150,000
Apply Now

Apply for this job

Upload CV (doc, docx, pdf)
  • Job Description

Your Opportunity to Thrive in a Leading Global Investment Firm!

Step into a pivotal role at one of the nation’s most respected global investment firms, managing over $185 billion in Assets Under Management. This is more than just a job; it’s your gateway to professional growth, where your contributions directly impact our commitment to excellence in investment returns and client service.

As an MDS & Commission Management Analyst, you will join a dynamic Market Data team and become an integral part of its growth trajectory. This role offers the opportunity to engage with senior management, investment staff, and trading teams and to shape the future of their data and commission management strategies. Your expertise will be vital in maintaining and optimizing key vendor relationships and managing commission allocations while operating in a fast-paced, evolving environment.

Specific Responsibilities:

  • Drive MDS Procurement & Analysis: Collaborate with parent company to ensure seamless vendor support and contract management.
  • Strategic Vendor Management: Lead the administration, negotiation, and review of vendor contracts, including handling invoices, accruals, and financial forecasting to optimize spend versus budget.
  • Commission Management: Oversee the Soft Dollar Commission Management (SDCM) function, managing broker votes and providing real-time budget and commission reports.
  • Governance & Compliance: Work closely with various departments to ensure adherence to SDCM requirements, support client reporting requests, and perform vendor reviews.
  • Project Leadership: Provide subject matter expertise and project management support for firm-wide initiatives related to MDS and SDCM, ensuring their success and alignment with business goals.

The Expertise They Require:

  • BA/BS in Accounting, Finance, Economics, Technology, or a related field.
  • At least 3+ years in Market Data Services, Middle/Back Office, or Commission Management, with a preference for buy-side financial services experience.
  • A strong understanding of the equity trade life cycle, Market Data products, Soft Dollars, and SEC Rule 28e.
  • Advanced MS Excel and competency with Word and PowerPoint.
  • Proven ability to analyze and present complex data, innovate solutions with minimal supervision, and engage effectively with senior trading and investment professionals.

Why Join Our Client?

  • Career Growth: Engage with industry leaders and expand your expertise in a role designed for growth and leadership within the firm.
  • Competitive Compensation: Base salary ranging from $140k—$150k, with eligibility for annual performance incentives.
  • Comprehensive Benefits: Enjoy premier medical benefits, generous paid time off, retirement profit sharing, wellness reimbursements, and fully paid parental leave.
  • Work-Life Balance: Benefit from their hybrid work model, offering the flexibility of remote work to balance professional and personal priorities.
  • If you are ready to embrace this unique opportunity to elevate your career in a firm that values integrity, collaboration, and innovation, Apply Now!

Related Jobs