Market Data Analyst London
Job description
Available Job Today Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the commodities, energy and financial markets.
The Group provides comprehensive coverage across five core services: Market Making, Execution & Clearing, Hedging & Investment Solutions, Price Discovery and Data & Advisory. It has a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021. The Group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders. Marex maintains a strong balance sheet with prudent capital and liquidity positions and has an investment grade credit rating.
Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 29 offices worldwide, the Group has over 1,600 employees across Europe, Asia and the Americas.
For more information visit www.marex.com (http://www.marex.com)
Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.
The Market Data department works collaboratively with all business units and IT to ensure Marex sources the right data, maintains controls and permissions around distribution and apportions costs. Also manages and maintains close relationships with exchanges and other suppliers.
Responsibilities:
- Work with various Marex business units to understand their requirements and use of market data
- Understand and document the use of market data within the organisation.
- Make use of best practice guidelines for access to market data providers
- Work with stakeholders to maximise the value of Marex data – and its sale to providers
- Educate stakeholders and all employees on the correct use of market data
- Ensure compliance across Front to Back system landscape in the use of Market data
- Track contracts with Market Data vendors and exchanges to deliver best value to Marex group.
- Provide internal cost tracking and allocation to ensure the fair payment of costs per business area
- Remain up to date with new trends and best practice to keep Marex up to date with industry direction and best practice
- Ensuring compliance with the company's regulatory requirements under the FCA
- Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
- Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
- At all times complying with the FCA's Code of Conduct UK only
- Ensure you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility
- Report any breaches of policy to Compliance and/ or your supervisor as required
- Escalate risk events immediately
- Provide input to risk management processes, as required.
Competencies, Skills & Experience:
- Market data sourcing, contract management and inventory management,
- Knowledge and a full understanding of Market Data compliance and audits
- Good organisational skills and ability to work well under pressure and stringent timelines.
- Excellent verbal and written communication skills.
- Ability to build rapport with internal stakeholders so you can understand and analyse their requirements and influence their data usage
- A collaborative team player, approachable, self-efficient and influences a positive work environment
- Interested in innovation and continuous improvement
- Resilient in a challenging, fast-paced environment
- Ability to manage a high level of responsibility in a fast pace, high-volume environment
- Excels at building relationships, networking and influencing others
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills and Experience
- Experience with market data vendor contracts and negotiation with data suppliers
- A solid understanding of the licensing rights to distribute and redistribute market data, together with market data policies for Non-Display and Derived data
- In depth knowledge of Market Data providers – such as Bloomberg, Refinitiv, CME, LSE, & ICE
- Experience with Enterprise Data Management systems and their application in organisations
- Experience with market data inventory software – such as MDM, FITS/Optimize Spend
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
If you're forging a career in this area and are looking for your next step, get in touch!
Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
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