Market & Reference Data – Principal

Market & Reference Data – Principal Overview

• The Market & Reference Data – Principal role offers an exciting opportunity to lead critical data functions within a dynamic investment environment.
• Drive strategic data transformation initiatives, enhancing data quality, governance, and AI enablement across the organization.
• Collaborate with cross-functional teams to ensure seamless integration and management of market and reference data.
• Contribute to the modernization of data platforms and frameworks, supporting advanced analytics and operational excellence.
• Manage vendor relationships, negotiate contracts, and optimize market data budgets for maximum ROI.
• Shape the firm’s market data strategy, ensuring alignment with evolving business needs and industry trends.
• Lead a high-impact team focused on security master, reference data, and data governance functions.
• Contribute to the firm’s mission of delivering resilient investment solutions across market cycles.
• This hybrid role combines hands-on leadership with strategic oversight, offering professional growth and impactful contributions.

Market & Reference Data – Principal Key Responsibilities & Duties

• Own end-to-end governance of the firm’s security master, ensuring data accuracy and completeness across all financial instruments.
• Develop and enforce data quality controls, exception management, and reconciliation processes across the data lifecycle.
• Establish and maintain market data standards, models, and workflows, supporting trading, portfolio management, and reporting.
• Lead the firm’s market data strategy, integrating real-time and end-of-day data feeds across asset classes.
• Monitor industry trends and regulatory changes to ensure data capabilities meet evolving business requirements.
• Collaborate with stakeholders across research, operations, risk, and technology to align data solutions with business outcomes.
• Manage vendor relationships, negotiate contracts, and oversee budget forecasting and tracking.
• Contribute to data transformation initiatives, including AI enablement and platform modernization projects.
• Ensure compliance with licensing terms and redistribution policies for market data usage.

Market & Reference Data – Principal Job Requirements

• Bachelor’s degree in finance, economics, computer science, or related field required.
• 7–10 years of experience in market and reference data within financial services, with 3+ years in management roles.
• Expertise in security master and market data domains, including major provider content sets across asset classes.
• Proven ability to manage vendor relationships and negotiate contracts effectively.
• Experience leading data transformation initiatives, including data quality and governance programs.
• Familiarity with private markets and alternatives reference data preferred.
• Knowledge of cloud-based data platforms and governance tools such as Snowflake and Collibra.
• CFA, CIPM, or DAMA-CDMP certifications are advantageous.
• Strong communication skills to collaborate effectively with business stakeholders and technologists.