Market Data Analyst London, England
Morgan Stanley
Full Time
London, England
47889 - 64777 GBP ANNUAL Today
Job description
Market Data Analyst
Job Number:
3228119
POSTING DATE: Jan 6, 2023
PRIMARY LOCATION: Europe, Middle East, Africa-United Kingdom-United Kingdom-London
EDUCATION LEVEL: Bachelor's Degree
JOB: Finance
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President
DESCRIPTION
Market Data Analyst – Vice President
London
3228119
REM (Reengineering & Expense Management) works in close partnership with the businesses and support functions to identify and execute opportunities to manage expenses through strategic sourcing, demand management, process reengineering, and procurement management for all firm wide expenses. Within REM, the Global Market Data group includes Market Data Analysis, Sourcing, Administration, and Inventory Management teams.
The Market Data Analysis team partners with each Business Unit (BU) to analyse, evaluate, and understand business requirements for market data, to identify the data sources and vendor products needed to execute the business, and to influence and advise on best-fit solutions. Key functions of the Market Data Analyst role include trusted advisor BU relationship management, analysis of BU requirements and consumption drivers, engagement with vendors on product/service offerings, and development and execution of demand management programs.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
What will you be doing?
BU Market Data Advisor
In alignment with your BU coverage, partner with the BU COO teams and stakeholders to provide advice, guidance, and education on market data products and spend drivers to influence their business unit strategy for market data services.
Demand Management
- Be the point of contact for the business and end users for vendor data and product requests not currently used in the Firm or within that business area.
- Provide guidance on product choices by matching best product to user needs and facilitate trials where required.
- Coordinate the execution of product displacement strategies and product upgrades.
Vendor Knowledge and Management
- Maintain an in-depth knowledge of vendor strategy, vendor account overviews where available and product roadmaps.
- Manage strategic direction for product demonstrations, pilots, competitive displacement opportunities.
- Liaison point between the business unit and the sourcing team for global contract renewals to identify potential action based on new costs, features, or requirements.
Strategic Market Data Projects
- Utilise 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.
- Lead / participate in global initiatives.
- Partner with Market Data Analysts in the other regions.
Management Reporting
- Develop Business Unit plans that clearly identify the key focus areas of the engagement with each BU.
- Produce management summaries for active initiatives and projects.
Financial Management
-Cost Management - identification and realization of savings opportunities which may arise from activities such as contract renewal right sizing and vendor product displacement programs. -Partner with Finance Reporting to facilitate relationships with BU COO teams for them to present financial reporting.
- Input into Budget setting process with any insights in BU growth, new vendor spend interest.
Market Data Administration
- Provide insight into BU activity and product deployment to Inventory and Admin teams for processing.
- Provide guidance to Inventory and Admin teams for process improvement. #LI-AL1
QUALIFICATIONS
What we’re looking for:
Candidate should be intellectually curious, detail oriented, proactive, assertive, and have excellent communication (verbal and written) and interpersonal skills.
Ability to develop and advocate for recommendations/solution implementation; critical thinking and translation of business needs to actionable items; ability to analyze undefined, ambiguous requirements and clarify to specific tasks and deliverables.
Ability to communicate market data strategies and influence/gain buy-in for the ideas that are being proposed.
Team player who is self-sufficient, can effectively prioritize deliverables, and flexible to changing priorities.
Deep product knowledge (data content and functionality) across the broad range of data providers.
Fluency with all MS Office tools.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents. #LI-AL1
