Master Data Manager
17 days ago
London
This is a senior individual contributor role with significant cross-functional influence. The successful candidate will be expected to lead vendor negotiations, manage licensing compliance, and deliver a multi-year improvement project, while transitioning new capabilities into business-as-usual operations.Role Outcomes • Lead the delivery of the Market Data Consolidation project, including vendor renegotiations, centralisation of feeds via the Enterprise Data Platform (EDP), and implementation of a Market Data Management (MDM) tool and data catalogue., • Manage strategic vendor relationships and lead contract negotiations with the "Big 6" providers and over 100 smaller suppliers., • Oversee the full market data budget, identifying and delivering cost savings through usage optimisation, contract consolidation, and improved governance., • Establish a centralised market data distribution model, ensuring consistent, timely access to data across the business., • Perform detailed feed-level analysis across vendors, comparing coverage, timeliness, granularity, and cost to identify duplication, gaps, and consolidation opportunities across pricing, reference, index, and analytics data., • Use SQL and data analytics to interrogate market data usage, lineage, and consumption patterns within Snowflake / EDP, identifying optimisation opportunities and unused or overlapping entitlements., • Identify synergies and rationalisation opportunities between market data feeds, platforms, and downstream consumers, driving simplification of the market data landscape., • Implement governance frameworks for licensing, usage, and entitlements, ensuring compliance with vendor agreements and exchange policies., • Act as the key liaison between business, technology, and compliance teams to align data services with operational and regulatory needs., • Provide project leadership for the transformation programme, coordinating cross-functional delivery and ensuring successful transition to BAU., • Deep knowledge of market data vendors, products, and licensing models (e.g. Bloomberg, Refinitiv, FactSet, FTSE, ICE, Morningstar)., • Experience managing large-scale vendor contracts and enterprise-level negotiations., • Familiarity with market data compliance, licensing audits, and exchange rules., • Understanding of data integration platforms and enterprise data architecture (e.g. Snowflake, EDP)., • Experience implementing MDM tools, data catalogues, and entitlement management systems (e.g. MDSL, FITS, DACS)., • Strong analytical skills with the ability to interpret usage data and identify optimisation opportunities., • Knowledge of financial markets and instruments, including pricing, indices, analytics, and reference data., • Strong SQL skills with hands-on experience analysing large-scale market data sets in cloud data platforms (e.g. Snowflake), including usage, coverage, and cost attribution., • Proven experience in market data feed comparison and consolidation, including identification of overlapping datasets, coverage gaps, and vendor substitution opportunities., • Hands-on knowledge of market data consolidation programmes, including central ingestion, normalisation, entitlement mapping, and downstream distribution., • Experience leveraging AI / advanced analytics to enhance market data governance, including automated data classification, usage pattern detection, anomaly identification, and cost optimisation insights., • Strong stakeholder management and communication skills across business, technology, procurement, and compliance., • Proven leadership in delivering complex, cross-functional programmes, including project planning, risk management, and stakeholder engagement., • Commercial mindset with a focus on cost control, value delivery, and ROI., • Organised and process-oriented, with a focus on governance and operational excellence., • Experience in financial services, ideally within investment or wealth management.