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Market Data Administrator



Hong Kong    Others    Contract   

Job description

Our client is Japan’s largest multinational banking and financial services company which has provides corporates, financial institutions, investors and public-sector clients with value-added integrated financial solution. We are assisting to source for a Market Data Administrator to support a regional team based in Hong Kong.

Job responsibilities


  • BU Relationship Management
    •    Maintain ongoing relationship with senior managers within the business unit.
    •    Requires in-depth understanding of the market data requirements of the business as well as broad knowledge of the optimum sources available to facilitate planning for future actions.
    •    Provide data analysis, advice, guidance, education on market data products and spend drivers to influence business unit strategy for market data services.
    Demand Management
    •    Maintain understanding of end user requirements via end user contact, product trials, market data reviews, execution of product replacement strategies
    •    Match best product to user needs
    •    Develop and execute cost management programs such as removal of under utilized services and implementation of job function profiling
    Vendor Knowledge and Management
    •    Maintain in depth knowledge of vendor strategy, vendor account plans and product roadmaps
    •    Manage strategic direction for product demonstrations, pilots, competitive displacement opportunities
    •    Liaison point between the business unit and the global sourcing team for global contract renewals to identify potential action based on new costs, features, or requirements.
    Financial Management
    •    Partner with Finance to ensure BU understanding of cost allocations and finance methodologies
    •    Provide explanations of cost drivers and make recommendations to effect change to the BU cost profile and drive toward initiative deadlines
    Management Reporting
    •    Create and maintain reporting on business unit market data inventories and product utilization both at a summary and detailed level
    •    Produce management summaries for initiatives and projects
    Data Compliance Management
    •    Maintain relationship with AeJ exchanges to keep updates on policies or products that would affect our operations
    •    Partner with IT to ensure data usage is always in compliance with the requirements from exchanges/ vendors.
    Strategic Projects
    •    Utilize business unit and vendor knowledge to create and advocate for strategic cost management and best-fit product choice initiatives such as vendor displacement, product upgrades, and business unit market data audits

Job requirements

  • Ability to communicate at all business levels
  • Ability to work under pressure with a high degree of accuracy and excellent attention to details
  • Team player who is self-sufficient, flexible to demanding change in priorities and can expedite work to business unit timelines in a collaborative manner.
  • Ability to develop and advocate for recommendations/solution implementation; critical thinking and translation of business needs to actionable items; ability to analyse undefined requirements and clarify to specific tasks and deliverables
  • Fluent written and spoken English
  • Good Product knowledge (data content and functionality) for the broad range of providers serving the institutional, wealth management and IBD users is desirable.
Apply now!

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IT Consulting Solutions Ltd.

Beverly House 93-107, Lockhart Road, Wan Chai, HK

info@itcs-group.com

(+852)3906-5999


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