Market Data and Exchange Relations Manager

Saxo Bank; Denmark; On-site; DKK 600,000 - 900,000; Full time

Job summary

Saxo Bank is seeking a Market Data & Exchange Relations professional to manage licensing and relationships with market data vendors and exchanges, coordinating with internal teams across billing and reporting. The role offers exposure to equities, futures, options and bonds in an international setting.

You will directly engage with exchanges and data providers, shaping licensing terms and ensuring compliant use of market data across Saxo's platforms and systems.

Qualifications

• Experience in financial services, market data or a related environment.
• Interest in how data supports trading and investment services.
• Comfortable working with contracts, data, processes and multiple stakeholders.
• Structured and reliable approach with ability to manage competing priorities.

Responsibilities

• Manage and maintain relationships with market data vendors and exchanges, including licensing requirements and usage rights.
• Negotiate, review and maintain market data licensing and vendor agreements with commercial terms and rights.
• Act as a point of contact for exchanges, vendors and external partners.
• Collaborate with internal teams on billing, budgeting and reporting.
• Monitor and analyse market data usage, entitlements and reporting obligations.
• Provide licensing expertise to internal projects and initiatives.
• Handle day-to-day enquiries from internal and external stakeholders.
• Contribute to development of processes and controls within Market Data & Exchange Relations.

Skills

Market data understanding

Financial markets knowledge

Contract negotiation

Excel / data analysis

Education

Finance or related field

Tools

Excel

Job description

Copenhagen, Denmark

Want to put your financial markets expertise to work across exchanges, market data providers and multiple asset classes? Join Saxo’s Market Data & Exchange Relations team and take ownership in an area connecting markets, technology and commercial relationships.

About the role

This role offers the opportunity to work at the intersection of financial markets, market data, exchanges and technology in an international environment. You will collaborate with exchanges, market data providers and colleagues across Saxo, helping ensure that the data supporting our trading platforms and internal systems is managed effectively.

The Market Data & Exchange Relations team manages licensing and relationships with the external vendors and exchanges that provide market data to Saxo's trading platforms and internal systems.

Depending on your experience, you may bring established market data expertise to the team or relevant experience from another part of the financial sector and an interest in developing further within market data and exchange relations.

You will gain broad exposure to the financial markets value chain and work across multiple asset classes, including equities, futures, options and bonds.

The position involves collaboration across Saxo's international organisation, including commercial, operational, technology, finance and other specialist teams. You will also engage directly with exchanges and external data providers.

Your responsibilities

Your responsibilities will include a combination of contract management, operational and commercial, including:

• Managing and maintaining relationships with market data vendors and exchanges, including licensing requirements and usage rights


• Negotiating, reviewing and maintaining market data licensing and vendor agreements, including commercial terms, permitted use and redistribution rights


• Acting as a point of contact for exchanges, vendors and other external partners


• Working with internal teams on billing, budgeting and reporting


• Monitoring and analysing market data usage, licensing permissions, entitlements and reporting obligations


• Supporting appropriate and compliant use of licensed market data across the organisation, in line with exchange and vendor licensing terms


• Providing market data licensing expertise and guidance to internal projects, new products and initiatives


• Managing day-to-day enquiries from internal and external stakeholders


• Supporting the ongoing development of processes and controls within the Market Data & Exchange Relations area

The scope and level of ownership can be adapted to your experience.

Your profile

We are interested in candidates with experience from market data, financial markets, exchanges, trading, financial services or a related field.

You may already be an experienced market data professional, or you may have developed relevant knowledge in another area of the financial sector and see market data as your next specialisation.

We expect that you:

• Have relevant professional experience within financial services, market data or a related environment


• Have an interest in financial markets and how data supports trading and investment services


• Are comfortable working with contracts, data, processes and multiple stakeholders


• Take a structured and reliable approach to your work and can manage competing priorities


• Communicate effectively with both specialist and non-specialist stakeholders


• Are comfortable working with Excel, datasets and presentation tools and can learn new systems


• Can work independently while contributing to a collaborative team environment


• Are comfortable working in English in an international organisation

Experience working directly with market data vendors, stock exchanges, market data licensing, usage rights, redistribution, entitlements, reporting obligations or market data agreements would be valuable, but candidates with transferable experience from the wider financial sector are also encouraged to apply.

An international role with broad market exposure

This position provides an opportunity to develop a detailed understanding of how financial-market data moves from exchanges and providers into the systems and services used by investors and market participants.

You will work with colleagues and external partners across markets and functions, giving you exposure to both the commercial and operational aspects of market data.

Whether you bring several years of specialist experience or are looking to broaden your financial-markets expertise, the role offers the opportunity to take meaningful ownership while continuing to develop your knowledge.

The position is based at Saxo Bank's headquarters in Denmark.

We get curious people invested in the world

When you work at Saxo, you become a Saxonian and part of a purpose-driven organisation, where good ideas are always taken seriously, and where you can make a true impact. We are invested in your development, and you can expect a robust career from day one when you join Saxo – no matter which role you take on.

You will join 2,500 other ambitious colleagues across 11 countries and become part of an international organisation. Working in Saxo, you will get to meet colleagues from many different cultures and backgrounds, and you should know that we value diversity and inclusion and see it as a genuine source of strength to drive growth, foster innovation and position us for long‑term success.

We encourage an open feedback culture and supportive team environments enabling employees to grow and fulfil their career aspirations.

When you bring passion, curiosity, drive and team spirit, your learning journey will be dynamic and your career opportunities in Saxo will be immense.

At Saxo we don’t just offer a job – we offer an opportunity to invest in your future!