Market Data Analyst

SOCAR Trading SA; Dubai; On-site; AED 90,000 - 140,000; Full time

Job summary

SOCAR Trading SA in Dubai seeks an experienced Market Data Manager to lead data governance, oversee ~50 vendors, and optimize licensing and procurement to align with business needs.

The role requires a Bachelor's in Business, Finance, Economics, Information Systems, or related fields, plus strong Excel, Power BI/Tableau, SQL and stakeholder management skills to coordinate with trading, risk, finance and IT teams in a fast-paced environment.

Qualifications

• Bachelor’s degree in business, finance, economics, information systems, data management, engineering, or a related discipline.
• Professional qualifications related to Financial Markets, Market Data Management, Procurement, Vendor Management, or Project Management would be advantageous.
• 3-10 years of experience in market data management, market data operations, vendor management, data procurement, or a related function within commodity trading, financial services, energy trading, banking, or capital markets environment.
• Proven experience managing market data vendors, contracts, licensing agreements, and entitlement processes.
• Experience working with trading, risk, finance, operations and technology teams in a fast-paced environment.

Responsibilities

• Manage and maintain market data services and End-of-Day pricing processes to ensure access to accurate market information.
• Oversee relationships with ~50 market data vendors, exchanges, brokers and service providers including contract negotiations, renewals, user access and compliance.
• Manage market data procurement, licensing and cost optimisation while aligning with business needs.
• Coordinate data requests and resolve issues to support trading, analytics, risk, finance and operations teams.
• Implement and improve processes for market data governance, entitlement management and cost reporting.
• Lead market data projects, onboarding of new data sources, and IT coordination.

Skills

Excel

Power BI

Tableau

SQL

Data analysis

Market data platforms

Stakeholder management

Negotiation

Communication

Organizational skills

Project coordination

Independent work

Education

Bachelor’s degree in Business, Finance, Economics, Information Systems, Data Management, Engineering, or related

Tools

Bloomberg

Refinitiv/LSEG

ICE Data Services

CME

Platts

Argus

Job description

• Manage and maintain market data services and End-of-Day pricing processes, ensuring reliable access to accurate and timely market information across the business.
• Oversee relationships with approximately 50 market data vendors, exchanges, brokers and service providers, including contract negotiations, renewals, user access and compliance requirements.
• Manage market data procurement, licensing and cost optimisation, monitoring usage and identifying opportunities to reduce costs while ensuring alignment with business requirements.
• Support trading, analytics, risk, finance and operations teams by coordinating data requests, resolving data issues and ensuring continuity of critical market data services.
• Implement and improve processes for market data governance, contract and licence management, entitlement management, inventory tracking, cost allocation, reporting and internal controls.
• Lead market data projects, system enhancements, onboarding of new data sources and coordination with IT and relevant stakeholders.

Qualifications & Competencies required

• Bachelor’s degree in business, Finance, Economics, Information Systems, Data Management, Engineering, or a related discipline.
• Professional qualifications related to Financial Markets, Market Data Management, Procurement, Vendor Management, or Project Management would be advantageous.
• 3-10 years of experience in market data management, market data operations, vendor management, data procurement, or a related function within a commodity trading, financial services, energy trading, banking, or capital markets environment.
• Proven experience managing market data vendors, contracts, licensing agreements, and entitlement processes.
• Experience working with trading, risk, finance, operations and technology teams in a fast-paced environment.

IT-Skills

• Advanced Microsoft Excel skills.
• Experience with Power BI and/or Tableau.
• Knowledge of SQL and data analysis tools.
• Familiarity with market data platforms such as Bloomberg, Refinitiv/LSEG, ICE Data Services, CME, Platts, Argus, or similar providers.
• Experience with data inventory, contract management, procurement, and reporting systems.
• Strong proficiency in Microsoft Office applications, including Excel, PowerPoint and Outlook.

Soft Skills

• Excellent stakeholder management and communication skills.
• Strong commercial awareness and negotiation skills.
• Ability to build and maintain effective relationships with internal and external stakeholders.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• High attention to detail and commitment to data accuracy and compliance.
• Proactive, solution-oriented and able to work independently.
• Strong project management and coordination skills.
• Ability to influence stakeholders and drive process improvements across functions.
• Reliable, adaptable and able to perform effectively under pressure.
• Strong teamwork and collaboration skills.