Description
Market Data Administrator - market data (Bloomberg, Thomson Reuters, FactSet, MSCI, FTSE etc) supplier management due diligence, contract negotiations, business relationship anagement - Asset Management/Fund Management/Investment Management - CONTRACT, 6 months £350.00 per day. London, City
Working within the IT department as part of the global Market data administration team, the position is responsible for all aspects of the administration of market data services including the reconciling and allocation of invoices, vendor permissioning and usage reporting, updating the inventory system and providing support to the Market Data Team.
Duties and Responsibilities
*Responsible for the maintenance of FITS inventory. Keeping accurate records for all third party services, reflecting user moves, new starters, leavers, new services, price changes, contractual changes, business structure changes etc.
*Responsible for the allocation of third party licenses, ensuring relevant sign off is received and license limits are not breached
*Responsible for the timely vendor invoice payment, matching to inventory, allocating to cost centres and resolving queries.
*Responsible for tracking invoices to an expected expense schedule and budget, resolving any associated queries and maintaining accruals spreadsheet
*Responsible for tracking and reporting differences between budget and current run-rate on a month to month basis to ensure accuracy within FITS
*Responsible for uploading Bloomberg SID reports to FITS, tracking intra month changes, running unused exchange reports and producing associated monthly MI
*Responsible for providing assistance to the Market Data Manager covering all aspects of market data procurement including vendor negotiations, running trials etc
*Responsible for monitoring of usage statistics from our vendors, liaising with consumers regarding their own usage and recommending any changes if required
*Responsible for assisting the Market Data Manager with other small projects as required
*Produce Monthly MI reporting on spend vs. budget
Experience required:-
*Need to be comfortable taking responsibility for tasks and for suggesting and implementing improvements to processes where appropriate
*Needs to be able to communicate clearly and confidently and be comfortable with all forms of communication: face to face meetings, phone calls, conference calls, email and formal letter writing
*Previous Market Data Administration experience
*Excellent Excel skills - must be able to use pivot tables etc.
*In depth knowledge of FITS database (supplier is The Roberts Group)
*Experience of dealing with Market Data Vendors such as Bloomberg, FactSet, Thomson Reuters, Markit, Index Providers, Ratings Agencies etc.
Please note you will receive an automated response advising you that we have received your CV.
Hudson is a leading provider of permanent recruitment, contract professionals and talent management solutions worldwide.
We are committed to ensuring that all job applicants are treated equally, without discrimination because of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.