Market Data Vendor Manager

Fidelity Investments Canada; Toronto, Mississauga; Hybrid; CAD 99,000 - 117,000; Full time

Benefits offered by this job

RRSP contribution

Pay transparency

Competitive total rewards

Job summary

Fidelity Investments Canada is seeking a seasoned Market Data Governance & Vendor Management professional to support governance, administration, and cost optimization for Canadian operations. The role partners with business, technology, and external vendors to ensure efficient service delivery in alignment with global standards.

The position requires a university degree and 5+ years of market data experience within financial services, with strong analytics and vendor management skills.

Qualifications

• University degree in Business, Finance, Technology, or related discipline or equivalent work experience.
• Minimum 5+ years of market data experience within the financial services industry.
• Strong understanding of market data products, licensing models, and governance practices.
• Experience managing vendor relationships, contracts and service performance.

Responsibilities

• Market Data Governance & Vendor Management: manage relationships with market data vendors (Bloomberg, LSEG, MSCI, FactSet, S&P, Moody's).
• Market Data Administration & Operations: oversee onboarding/offboarding, entitlement management, invoice validation and inventory.
• Stakeholder Support & Business Partnership: advise business/tech stakeholders on market data solutions and requirements.
• Financial Management, Compliance & Reporting: assist budgeting, forecasting and reporting with spend analysis.
• Issue Resolution & Continuous Improvement: act as escalation point and drive process, governance and cost improvements.

Skills

Market data

Vendor management

Stakeholder management

Analytical skills

Education

University degree in Business/Finance/Technology

Tools

Excel

Power BI

Job description

Job Description

Job Description

You will be working on a flexible hybrid schedule as part of Fidelity's dynamic working arrangement.

The work location for this role is 483 Bay Street in Toronto until approximately late 2026, when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.

Who We Are

At Fidelity, we've been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services - and we're constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.

Working with us means you'll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You'll have a wide range of opportunities to grow and develop your career in an inclusive environment where you'll feel valued and supported to be your best - both personally and professionally.

Business Overview

The role serves as the Canadian extension of Fidelity International's Global Market Data function, supporting market data governance, administration, vendor management, compliance, reporting, and cost optimization. This position partners closely with business, technology, global market data teams, and external vendors to ensure efficient service delivery and alignment with global operating models and governance frameworks.

What You Will Do

1. Market Data Governance & Vendor Management: Manage relationships with market data vendors including Bloomberg, LSEG, MSCI, FactSet, S&P, and Moody's. Support contract negotiations, service reviews, and vendor performance management while ensuring alignment with global strategies and governance standards.
2. Market Data Administration & Operations: Oversee day-to-day market data administration activities, including onboarding/offboarding, entitlement management, invoice validation, inventory maintenance, and usage monitoring to ensure accurate controls and reporting.
3. Stakeholder Support & Business Partnership: Act as a trusted advisor to business and technology stakeholders by providing mentorship on market data solutions, assessing business requirements, and supporting strategic initiatives with efficient and compliant data services.
4. Financial Management, Compliance & Reporting: Support budgeting and forecasting through market data usage and spend analysis. Produce reporting and dashboards while ensuring compliance with vendor licensing agreements, internal policies, and audit requirements.
5. Issue Resolution & Continuous Improvement: Serve as the primary escalation point for market data service issues, coordinating with vendors and global teams to resolve incidents and drive ongoing process, governance, and cost-efficiency improvements.

What You Will Bring

• University degree in Business, Finance, Technology, or related discipline, or equivalent work experience.
• Minimum 5+ years of market data experience within the financial services industry.
• Good understanding of market data products, including terminals, real-time and reference data, indices, ratings, research platforms, licensing models, and governance practices.
• Experience managing vendor relationships, contracts, and service performance.
• Strong analytical, reporting, and cost optimization capabilities.
• Proficiency with Excel, Power BI, and other reporting tools.
• Excellent stakeholder management and communication skills.
• Exposure to audit, risk, or regulatory environments.

Professional Certifications

Preferred: FISD, IMC, or other relevant market data or financial services certifications.

Current work authorization for Canada is required for all openings.

Total Rewards That Reflect Your Impact

We believe exceptional work deserves exceptional recognition. That's why we offer a competitive compensation package designed to support your success today-and your financial well-being tomorrow.

For this role, your total rewards include:

• Base Salary and Discretionary Performance Bonus: Total annual cash compensation (base salary plus target bonus) ranges from $99,000 to $117,000 , based experience and qualifications.
• RRSP Contribution : After 6 months of employment, we invest in your future with an RRSP contribution-no employee matching required.
• We're proud to offer a compensation package that aligns with provincial pay transparency requirements .

This posting represents an existing vacancy within our organization-an opportunity to step into a role where your talents will make a meaningful difference.

We use AI-enabled LinkedIn Hiring Assistant to support parts of our sourcing process as well as an AI screening tool that assists in screening and assessing applications. Every hiring decision is reviewed and finalized by our recruiters. If you choose to ask questions to the LinkedIn HR Hiring Assistant, please be mindful that the respons