Market Data Services Administrator

RBC; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

RBC in Toronto is seeking a Market Data Control professional to manage access, licenses, and entitlements for market data services across terminals, feeds, and exchanges. You will partner with technology and operations to ensure timely provisioning and accurate licensing.

The role requires 3–6 years in market data operations, strong vendor knowledge, and the ability to interpret contracts. You will monitor usage, maintain inventories, and support cost control while collaborating with internal

Qualifications

• 3–6 years in market data operations or entitlements management.
• Deep knowledge of at least two major market data vendors and licensing models.
• Experience with entitlement or inventory management tools (MDSL or equivalents).
• Ability to interpret vendor contracts and licensing terms.
• Experience mentoring junior team members.
• Strong stakeholder management and communication skills.

Responsibilities

• Process requests for market data terminals, feeds, and exchange services including platforms like Bloomberg and Refinitiv.
• Review orders for licensing accuracy and coordinate with vendors for provisioning.
• Maintain a global inventory of market data users, vendors, and services.
• Monitor inventory to prevent over-licensing and optimize costs.
• Prepare data usage reports for exchanges such as NYSE and NASDAQ.
• Maintain relationships with exchanges, vendors, and internal partners.
• Develop understanding of RBC procedures to support teams and partners.

Skills

Market data operations

Vendor licensing knowledge

Entitlement/inventory management

Contract interpretation

Mentoring or training others

Stakeholder management

Tools

MDSL

Internal entitlement systems

Job description

Job Description

What is the opportunity? The global Market Data Services team consists of three sub-groups (MDS Administration, MDS Solutions and MDS Compliance) who engage, strategize, and support enterprise-wide businesses and stakeholders.

This role in the MDS Control team is responsible for the access management of market data services (including but not limited to granting entitlements); and partners with technology and operations professionals providing expertise on market data service orders.

What will you do?

Market Data Control (primary responsibility)

• Processes requests for market data terminals, feeds, and exchange services, including platforms such as Bloomberg and Refinitiv.
• Reviews all orders for accuracy against applicable licensing agreements and coordinates with vendors for timely setup and provisioning.
• Maintains and updates a global inventory of all active market data users, vendors, and services, including physical hardware, software entitlements, and user licenses.
• Monitors inventory to identify redundancies, prevent over-licensing, and mitigate unnecessary costs.
• Compiles regular reports on data consumption and prepares declarations of data usage as required by financial exchanges such as NYSE and NASDAQ.
• Maintains strong relationships with exchanges, third-party vendors, and key internal business contacts.
• Develops a thorough understanding of RBC procedures and processes to effectively support internal teams and external partners.

What do you need to succeed?

• 3–6 years of experience in market data operations, entitlements management, or a related function within financial services.
• Deep working knowledge of at least two major market data vendors and their licensing models.
• Experience with enterprise entitlement or inventory management tools (MDSL, internal systems, or equivalent).
• Demonstrated ability to interpret vendor contracts and apply licensing terms to real-world scenarios.
• Experience mentoring or training junior team members.
• Familiarity with market data cost structures and basic invoice validation.
• Strong stakeholder management and communication skills.

Competencies

• Sound judgment on edge cases and the ability to balance compliance with business needs.
• Proactive identification of process gaps and inefficiencies.
• Ability to translate technical or licensing complexity into clear guidance for business users.
• Ownership mentality — follows issues through to resolution without repeated prompting.
• Collaboration across technology, procurement, compliance, and front-office teams.
• Comfort with ambiguity and ability to establish precedent for undocumented scenarios.

What's in it for You?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to build close relationships with clients
• Access to a variety of job opportunities across business and geographies

Job Skills

Active Learning, Adaptability, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City

Toronto

Country

Canada

Work hours/week

37.5

Employment Type

Full time

Platform

CAPITAL MARKETS

Job Type

Regular

Pay Type

Salaried

Posted Date

2026-08-13

Application Deadline

2026-08-28