Senior Analyst - Market Data Governance & Procurement

Confluence Technologies, Inc.; Toronto; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Generous Time Off

Global Career Development

Social Events

Referral Bonus

Job summary

Confluence Technologies, Inc. is seeking a Senior Analyst in Market Data Governance & Procurement to shape procurement, governance and delivery of market data across the organisation.

You will own vendor relationships, manage complex contracts, budgeting, and invoice reconciliation, collaborating with Product, Engineering, Finance, Legal and external data providers. The role offers exposure to commercial, operational and technical work with senior stakeholders, and preferred locations include

Qualifications

• At least three years’ experience in market data or a data-product environment.
• Direct experience with financial market data vendors and supplier-management processes.
• Experience with market data licensing, negotiations or complex contract review.
• Knowledge of financial instruments, indexes, exchanges, ESG data, reference data or pricing data.
• Understanding budgeting and supplier invoice reconciliation.
• Strong data-analysis, communication and project-management skills.
• Ability to collaborate across business, technical and commercial teams.
• Experience with governance initiatives, data-quality controls and licensing obligations.

Responsibilities

• Manage market data procurement, vendor relationships, contract renewals and pricing discussions.
• Lead negotiations to optimize costs and service quality.
• Reconcile supplier invoices and support budgeting and financial controls.
• Maintain market data, contract and usage inventories and respond to supplier notices.
• Strengthen data-governance standards, lineage, data dictionaries and licensing obligations.
• Partner with Product, Eng, Finance, Legal and external providers to improve data quality and workflows.

Skills

Market data governance

Vendor management

Contract negotiations

Budgeting

Invoice reconciliation

Data inventories

Data quality

SQL

Power BI

Data governance standards

Tools

SQL

Power BI

Database maintenance

Workflow analysis

Reporting

Automation

Job description

Senior Analyst - Market Data Governance & Procurement

Department: Development - Software Development

Employment Type: Permanent - Full Time

Location: Toronto

Reporting To: Mike Davis

Description

Location - Toronto, Pittsburgh, Montreal or Boston

Why Confluence?

At Confluence, we're building the future of investment data through innovation, collaboration and continuous improvement. As AI reshapes the financial services industry, we're embracing new technologies while continuing to build on the deep industry expertise and trusted partnerships that have defined our success for decades.

With colleagues across the globe, we bring together diverse experiences, perspectives and expertise to tackle complex challenges and create meaningful impact. Whether you're starting your career or bringing years of experience, you'll have the opportunity to learn, contribute and help shape what's next.

More about the role & team

Join Confluence as a Senior Analyst within our Market Data Governance function, helping to shape how market data is procured, governed, controlled and delivered across the organisation.

You will be a trusted market data specialist, taking meaningful ownership of vendor relationships, complex contract negotiations, renewals, budgeting, invoice reconciliation and market data inventories. Acting as a bridge between business stakeholders, Product Management, Engineering, Client Services, Finance, Legal and external data providers, you will help ensure that market data assets are acquired and managed effectively.

This is a broad role offering exposure to commercial, operational and technical work. You will have visibility with senior stakeholders and the opportunity to strengthen an evolving market data governance capability. Preferred locations are Montreal, Toronto, Pittsburgh or Boston, with candidates elsewhere in the Northeast US also considered.

• Manage market data procurement, vendor relationships, contract renewals, pricing discussions and service reviews.
• Lead collaborative commercial negotiations and identify opportunities for cost optimisation and service improvement.
• Reconcile and approve supplier invoices, while providing reliable budgeting and financial-control support.
• Maintain accurate market data, contract and usage inventories, and respond to commercial supplier notifications.
• Strengthen data-governance standards and controls, including definitions, lineage documentation, data dictionaries, licensing obligations and usage rights.
• Partner with Product, Engineering, Finance, Legal, Client Services and external providers to improve data quality, workflows, automation and operational efficiency.

What skills and experience do I need to succeed?

• At least three years’ experience in market data, financial data management, business analysis or a data-product environment.
• Direct experience working with financial market data vendors and supplier-management processes.
• Experience of market data licensing, commercial negotiation or complex contract review.
• Knowledge of financial instruments, indexes, exchanges, ESG data, reference data or pricing data.
• Understanding of budgeting, accounting considerations and supplier invoice reconciliation.
• Strong data-analysis, problem-solving, communication and project-management skills.
• Ability to build effective relationships across business, technical and commercial teams.
• A collaborative, measured negotiation style, with the judgement to balance commercial objectives and long-term vendor relationships.

• Experience supporting data-governance initiatives, governance frameworks or data-quality controls.
• Knowledge of market data usage reporting, operations and licensing obligations.
• Experience in asset management, asset servicing or investment-management workflows.
• Previous collaboration with Product, Engineering, Finance, Legal and Data teams.
• Experience with SQL, Power BI, database maintenance, workflow analysis, reporting or automation.

What do we offer?

Confluence offers generous benefit packages for team members. As a growing, global organization, we are always looking for ways to ensure that our employees can access benefits that matter to them and their families. This includes:

• Generous Time Off packages including additional half days with each public holiday in your location.
• Global Career Development opportunities
• Social Events
• Referral Bonus scheme - Upto $3,000 per successful referral
• Plus many more!

More about the Location

We offer flexible working options for all employees.

#LI-Remote, #LI-Hybrid, #LI-Onsite (delete as appropriate)

Values

We look for people who align with our 4 values.

Integrity

Face reality with honesty, courage and accountability

Imagination

Deal creatively with challenges and envision what the world could be

Discipline

Build good habits into reflexes which become a part of our life

Service

Committed to the success of others

If you believe that this job posting is noncompliant, please email us at [e-mail].

AI Use In Interviews

To ensure a fair and consistent assessment for all candidates, we ask that you do not use AI tools, external assistance or prepared real time prompts during ta screening call or interview unless we have specifically advised that these are permitted.

The interview is designed to assess your own experience, thought process and communication skills. If AI use is permitted as part of an exercise, we will clearly explain this beforehand.

Pre-Employment Screening Disclaimer

As part of our recruitment process, we carry out identity checks on all candidates. Offers of employment are conditional upon the completion of satisfactory background checks prior to the commencement of work. These checks may include verification of identity, right to work in the UK, employment history, and other relevant pre-employment screening.

Please note that additional checks may be required depending on the nature of the role and the jurisdiction in which the role is based or operates. These may include, but are not limited to, criminal record checks or financial background checks where applicable.