Data Analyst – Market Data

Job Profile

The Market Data Benchmarking Analyst role is designed for individuals who want to contribute to the organisation’s mission of helping clients achieve more favourable market data contracts. The analyst will work closely with the data team to analyse market data, identify cost-saving opportunities, and provide expert insights.

The position includes training to become client-facing, with responsibilities such as delivering benchmarking results to clients and building strong relationships. The analyst will also have the opportunity to participate in industry events as a panellist, sharing opinions and expertise with the wider market community.

Key Accountabilities
Data Cleaning

• Training: Complete a 1.5-month training program in data cleaning techniques.
• Populate data templates to standardise data from diverse sources and formats.
• Clean and organise raw data files into easily digestible tables.
• Create project files to ensure consistency in variables, years, and datasets.
   

Benchmarking Deliveries per provider

• Training: Complete training for both simple and complex benchmarking projects.
• Methodology Application: Learn and apply benchmarking methodologies for various providers and their products within the specified timeframe.
• Data Analysis: Analyse data trends and patterns to identify key metrics across different market data products.
• Benchmark Execution: Deliver accurate and timely benchmarks using techniques such as regression analysis or triangulation.
• Client Communication: Clearly explain the benchmarking methodology and address client questions on trends and key statistics in a client-facing capacity.
   

Benchmark Uploads

• Training: Complete a 3-day training on uploading benchmarks to the dashboard using CSV files
   

Contract Analysis

• Analyse and compare contract language to identify key clauses and differences
• Digest and understand complex contract terms for analysis

Knowledge, Skills and Experience Required

Years of Experience: 2 - 5 Years

Mandatory

• Bachelor’s/Master’s Degree (preferred) in Finance/Economics or Statistics
• Proficient in Microsoft Office, especially in Excel and perform basic calculations using excel formulae
• Strong communication and analytical skills: Ability to effectively convey findings to both technical and non-technical audiences as well as foster working relationships within the internal team
• Demonstrate ability to work in a fast-paced, ever-changing, highly collaborative environment
• Attention to detail: Ensuring accuracy and consistency in data analysis and presentations
• Good understanding of Market Data concepts

Good to Have

• Experience within a market data environment, either with a market data vendor or in vendor management.
• Basic knowledge of Python to enable effective collaboration with the technology team on dashboard development.
• Prior experience in client services or another client-facing role.
• Understanding of compliance and regulatory frameworks, including MiFID II and exchange regulations.