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Market Data Business Analyst

Lorien
Posted 14 hours ago, valid for 19 hours
Location

London, Greater London EC2V7NQ, England

Salary

£40,000 - £48,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Market Data Business Analyst position is a hybrid role based in London, requiring one day a week on-site work.
  • The successful candidate will be responsible for managing supplier relationships, contract negotiations, and ensuring compliance with data licensing while maximizing cost efficiencies.
  • A strong emphasis will be placed on delivering financial reporting, data analysis, and insights into market data costs.
  • Candidates should have experience in leading contract negotiations and managing supplier audits, with a focus on cost transparency and compliance.
  • The salary for this role is competitive, and applicants are expected to have relevant experience in financial services, ideally with a background in market data analysis.

Market Data Business Analyst

Hybrid Working - London - 1 day a week on site.

Financial Services

Lorien's leading banking client is looking for a Market Data Business Analyst to join the existing team on a brand-new project.

This role is based in London.

This role will be Via Umbrella.

Working in a Hybrid Model of 1-2 days a week on site.

What you'll do:

  • Your daily responsibilities will see you maximizing the value of supplier relationships and driving cost efficiencies in collaboration with key stakeholders. To do this, you'll interact with differing levels of management across a variety of franchises and functions.
  • We'll need you to manage data licensing to make sure all our franchises and functions remain compliant, whilst maximizing cost reduction opportunities from the evaluation of alternate providers. You'll also deliver financial reporting, data analysis and Credit Reference Agency service recommendations

You'll also be responsible for:

  • Leading contract negotiations in partnership with key stakeholders to make sure the most appropriate market data products are delivered at the best possible price
  • Managing contract-related risks and issues, supplier audits and cost transparency to demonstrate contractual compliance to protect our business
  • Providing analysis on and insights into market data costs to allow business managers and finance business partners to set and track market data budgets and realise cost savings
  • Working with business franchises and functions to accurately define business requirements whilst acting as a subject matter expert and a point of contact for Credit Reference Agencies
  • Managing third-party market data audits whilst remediating any data exposures where possible, including challenging audit findings to minimise any penalties

Key Skills and Experience

  • Lead contract negotiations in partnership with key stakeholders ensuring the most appropriate market data products are delivered to the group at the best possible price
  • Manage contract related risks and issues, supplier audits, and cost transparency to demonstrate contractual compliance to protect the business
  • Provide analysis on and insights into market data costs to allow business managers and finance business partners to set and track market data budgets and realise cost savings
  • Work with business franchises and functions to accurately define precise business requirements, providing an ongoing subject matter expert point of contact for Credit Reference Agencies

IND_PC3

Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.