Senior Market Data Analyst (Hybrid)

Morgan Stanley; Montreal; Hybrid; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Market Data Analyst to lead a team and drive strategic initiatives in market data usage. This role involves collaborating with business units to optimize data consumption and vendor relationships, while identifying cost-saving opportunities. Join a dynamic team that values innovation and excellence, and make a significant impact in the financial services sector. With a hybrid work environment and a commitment to employee development, this position offers a unique opportunity to thrive in a collaborative atmosphere. If you're passionate about data and leadership, this could be the perfect role for you.

Benefits

Comprehensive employee benefits

Diversity and inclusion programs

Work-life balance support

Collaborative work environment

Qualifications

• Strong leadership skills with a proven ability to mentor team members.
• Deep understanding of data provider products and vendor strategies.

Responsibilities

• Lead a team of Market Data Analysts and manage performance metrics.
• Collaborate with stakeholders to provide strategic advice on market data.

Skills

Leadership and people management

Communication skills

Critical thinking

Attention to detail

Project management

Organizational skills

Interpersonal skills

Education

Bachelor's degree or equivalent

Tools

MS Office

BI tools

Ariba

FITS-Market Data Inventory

Job description

We’re seeking someone to join our team as a Senior Market Data Analyst to provide trusted advisor BU relationship management, analysis of BU requirements and consumption drivers, engagement with vendors on product and service offerings, and development and execution of demand management programs.

In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business. This is a Vice President level position within Global Supplier Services. The Global Market Data (GMD) group includes Market Data Sourcing, Analysis, Administration, and Inventory Management teams. The Market Data Analysis team partners with each Business Unit (BU) to analyze, evaluate, and understand business requirements for market data, to identify the data sources and vendor products needed to execute the business, and to influence and advise on best-fit solutions.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you'll do in the role:

1. Lead and develop a team of 2-3 Market Data Analysts, aligning with global objectives and managing performance metrics.
2. Collaborate with Business Unit (BU) COO teams and stakeholders to provide strategic advice on market data usage and spending.
3. Oversee the generation of management summaries for projects and initiatives, and provide insights to support process improvements across teams.
4. Manage the selection and evaluation of market data products, including overseeing trials, product demonstrations, and leading global data initiatives.
5. Work with Sourcing Managers to understand vendor strategies, manage product displacements, and facilitate global contract renewals.
6. Identify cost-saving opportunities through demand management, particularly in contract renewals and vendor negotiations, and collaborate on financial reporting and budgeting with Finance Reporting and BU COO teams.

What you'll bring to the role:

1. Possesses strong leadership and people management skills, with a proven ability to mentor and develop team members.
2. Excellent communicator with robust interpersonal skills, critical thinking, and a keen attention to detail.
3. Deep understanding of data provider products, vendor strategies, and the ability to influence senior stakeholders in market data strategies.
4. Skilled in project management and organizational tasks, with a proficiency in MS Office, BI tools, and systems like Ariba and FITS-Market Data Inventory.
5. Proactive and adaptable team player capable of prioritizing tasks and translating complex business needs into clear, actionable plans.

At Morgan Stanley Montreal, we support the Firm’s global businesses and infrastructure with cutting edge technology and innovation. The multi-faceted and highly technical Montreal team plays a critical role in building and maintaining our leading technology platform, including electronic trading, algorithm trading, cloud engineering, infrastructure, cybersecurity and AI/ML. Morgan Stanley has been rooted in the Montreal community since 2008 and is considered a leading employer among the area’s highly skilled technology talent.

All our positions are located in Montreal, Quebec. We offer a hybrid work environment, combining remote work and attendance in the office.

Knowledge of French and English is required.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.