Senior Associate - Market Data Services

Randstad Canada; Toronto; On-site; CAD 110,000 - 150,000; Full time

Benefits offered by this job

Professional growth

Dynamic culture

Challenging work

Work-life balance

Total rewards

Job summary

Randstad Canada is seeking a Senior Associate, Market Data Services Compliance for a leading global financial institution. You will bridge business stakeholders, technology teams and data providers, interpreting policy changes and overseeing real-time data access and end-to-end compliance.

In a fast-paced capital markets setting, you will lead audits, mentor junior staff and collaborate with exchanges and vendors to optimize costs while maintaining regulatory alignment across North America,

Qualifications

• Bachelor's degree in finance, business, economics, or related field, or equivalent 5 years' market data experience.
• Strong analytical and communication skills; ability to navigate complex regulatory requirements.
• Experience with major exchanges and data vendors (Bloomberg, Refinitiv) helpful.

Responsibilities

• Provide oversight on market data access control, monthly reporting requirements and audit trail capabilities within proprietary applications.
• Participate in market data architecture forums and planning sessions to support projects (supplying subject matter expertise).
• Work closely with Market Data Technology teams on new implementations, ensuring compliance requirements are built in from the start.
• Participate in exchange and supplier data use audits.
• Communicate exchange policies and regulatory changes to stakeholders under deadlines to ensure understanding of reporting obligations, policy changes, and pricing impacts.

Skills

Client focus

Strategic agility

Analytical thinking

Interpersonal communication

Attention to detail

Education

Bachelor's degree in finance, business, economics, or related field

Equivalent 5 years market data or technology experience

Tools

Excel

DACS

EMRS

Job description

On behalf of our client, a leading global financial institution, we are seeking a highly skilled Senior Associate, Market Data Services (MDS) Compliance. In this role, you will join a high-performing, enterprise-wide global MDS team divided into three strategic sub-groups: Administration, Solutions, and Compliance.

As a Senior Associate within the MDS Compliance arm, you will act as a critical bridge between business stakeholders, technology teams, and data providers. Your primary focus will be interpreting and communicating market data policy changes, sourcing and optimizing real-time exchange data, and managing end-to-end compliance. This is a dynamic opportunity to oversee market data distribution architectures, lead high-stakes audits, and mentor junior team members within a fast-paced capital markets environment.

Advantages

• Professional Growth: Access to leaders who actively support your career development through dedicated coaching and management opportunities.
• Dynamic Culture: A chance to work within a highly collaborative, progressive, and high-performing global team.
• Challenging Work: Engagement in impactful, enterprise-wide projects and industry-level working groups.
• Work-Life Integration: Flexible work/life balance options tailored to support your lifestyle.
• Total Rewards: A comprehensive rewards program featuring performance-based bonuses, flexible benefits, and wellness initiatives.

Responsibilities

• Provide oversight on best practices of market data access control, monthly reporting requirements and audit trail capabilities within proprietary applications
• Participate in market data architecture forums and planning sessions to support projects (supplying subject matter expertise)
• Work closely with Market Data Technology teams on new implementations, ensuring compliance requirements are built in from the start
• Participate in exchange and supplier data use audits
• Maintain and prepare third-party provided exchange exhibits/agreements, application use questionnaires and network diagrams
• Communicate exchange announcement, vendor policies, and regulatory requirements for stakeholders under tight deadlines to ensure understanding of reporting obligations, policy changes, and pricing impacts.
• Maintain awareness of third-party market data licensing policies (unit of count, netting, MISU, etc.)
• Participate in industry working groups to lobby for consistent policies across data provider community
• Analyze and maintain communication of vendor data changes impacting users and applications
• Collaborate with business lines and technology partners to drive cost efficiency and optimization strategies for Real-time data while maintaining compliance integrity
• Guide junior team members in developing expertise across market data compliance methodologies and regulatory frameworks for North American, European, and Asian exchanges.

Qualifications

• Bachelor's degree in finance, business, economics, or a related field; Or equivalent 5 years work experience in market data commercials or technology
• Client Focus, strategic agility, priority setting, analytical thinking, aptitude for setting realistic expectations, integrity and trust
• Strong interpersonal skills and communication skills
• Ability to adapt to a changing environment
• Advanced knowledge in Excel
• Critical thinking with exceptional attention to detail, especially in fast-paced, high-risk environments
• Subject matter expertise with low latency and consolidated feed market data suppliers (E.g.: Bloomberg, Refinitiv, etc.), distribution mechanisms and control systems (DACS, EMRS)
• Deep knowledge in with major exchanges (NYSE, NASDAQ, LSE, TMX, etc.) including:
  • completing Exhibit A or other exchange/third party documentation
  • unit of count concepts and other exchange/third party contractual and reporting terminology
  • Deep knowledge communicating exchange policies and addressing compliance gaps
• Knowledge of exchange direct feeds and understanding of network connectivity (TCP/IP, Unicast and Multicast protocol)
• Previous experience in Capital Markets an asset

Summary

If you are an analytical market data professional who thrives on the challenge of navigating complex compliance landscapes, this is the perfect next step for your career. Our client offers an ecosystem where your insights directly impact cost optimization and regulatory alignment on a global scale.

Randstad Canada Diversity Statement

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle.

This posting is for existing and upcoming vacancies.