Senior Analyst - Market Data Governance & Procurement

Style Analytics; Toronto; Hybrid; CAD 85,000 - 120,000; Full time

Benefits offered by this job

Time Off

Global Career Development

Social Events

Referral Bonus up to 3000 USD

Job summary

Confluence is seeking a Senior Analyst in Market Data Governance to shape how market data is procured, governed, and delivered across the organization. The role offers visibility to senior stakeholders and exposure to commercial, operational and technical work in a broad, strategic function.

You will manage vendor relationships, contract renewals, budgeting and invoice reconciliation, partnering with Product, Engineering, Finance, Legal and external providers to improve data quality and

Qualifications

• At least three years in market data or data-management roles.
• Direct experience with market data vendors and supplier-management processes.
• Experience in licensing, negotiations or complex contract reviews.
• Knowledge of financial instruments, indices 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.
• Negotiation style balancing commercial aims with vendor relationships.

Responsibilities

• Manage market data procurement, vendor relationships and contract renewals.
• Lead negotiations for cost optimisation and service improvements.
• Reconcile supplier invoices and support budgeting and controls.
• Maintain market data inventories, licenses and usage records.
• Strengthen data-governance standards, lineage and data dictionaries.
• Collaborate with Product, Engineering, Finance, Legal and external data providers.

Skills

Market data governance

Vendor management

Contract negotiations

Budgeting & invoicing

Data quality & lineage

Stakeholder management

Problem solving

Project management

Tools

SQL

Power BI

Database maintenance

Workflow analysis

Job 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.

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.

Key Responsibilities

• 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.

Essential Requirements

• 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.

Desirable Requirements

• 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.

Benefits

• 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.

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

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.

As a leading global technology solutions provider to the investment management industry, Confluence helps clients solve complex investment data challenges across the front, middle and back office. Headquartered in Pittsburgh, PA, Confluence services over 1000 clients in 40 countries, with locations across Europe, North America, South Africa, Australia and Asia.