Data Licensing and Policy Manager

The London Metal Exchange; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

The London Metal Exchange in London seeks a Data Licensing and Policy Manager to lead licensing of LME market data to clients and vendors in a defined region. You will support policy development, regulatory alignment, and client engagement, working with Sales and Product teams to unlock commercial opportunities.

This permanent role requires a degree and strong market data licensing experience, with a track record in contract management, policy formulation and international business development

Qualifications

• Ideally educated to degree level (B.Bus/B.Fin or Law preferable, at least 2:1).
• FISD Market Data Certification an advantage.
• Significant B2B experience in market data licensing and policy.
• Knowledge of derivatives, commodities and metals data helpful.
• Familiarity with regulatory considerations for data licensing and policy.

Responsibilities

• Help develop and implement business plans and strategic projects for market data.
• Assist in maintaining licensing framework, policies and guidance.
• Research market developments and client needs to shape licensing policy.
• Build the new-business pipeline and manage licensee relationships.
• Assist clients in understanding value and permitted uses of data.

Skills

Commercial and strategic outlook

Numerical literacy

Legal and contract management

Education

Bachelor degree in Business/Finance or Law (2:1)

Tools

CRM systems

PowerPoint

Job description

Data Licensing and Policy Manager Shift Pattern: Standard 40 Hour Week (United Kingdom) Scheduled Weekly Hours: 40 Corporate Grade: D - Assistant Vice President Reporting Line: (UK Division) Market Data Location: UK-London Worker Type: Permanent

Overall Purpose of Role

The LME's Market Data department is responsible for building and implementing the Exchange's data commercialization strategy, liaising with key stakeholders both internally (within LME, LME Clear and the HKEX) and externally (vendors, members, clients and service providers). The department is responsible for growing revenues through effective multi-channel market engagement, proactive data product development, and responsive client service. The Market Data Licensing and Policy Manager will manage licensing of LME market data to clients and vendors across a particular region and/or area of expertise. They will provide related administrative, operational and customer support. The individual will work closely with other team members to ensure efficient and effective running of the Market Data business processes and provide direct support for data customers worldwide.

Responsibilities

• Help develop and implement business plans and strategic projects that support the sustainable growth of the LME's market data business.
• Assist in the maintenance and development the LME's market data licensing framework, policies, guidance and supporting documentation, informed by regulatory requirements and industry best practice.
• Research market developments, regulatory changes and client needs to shape licensing policy, product development and commercial strategy.
• Build the new-business pipeline and manage key licensee relationships, including applications, contracts, renewals and licensing enquiries.
• Help existing and prospective clients understand the value and permitted uses of LME market data, working with Sales and Product Development to identify and promote commercial opportunities.
• Analyse client use of LME market data to inform policy, identify opportunities, strengthen compliance and support the development of financial products and services.
• Liaise with LME Legal and external counsel on licences, contracts, schedules and applicable law, and support compliance, audit and reporting activities.
• Report on business objectives, financial performance, client activity and industry developments, providing actionable intelligence to support business decisions.
• Lead improvements to processes, systems and workflows to increase efficiency, strengthen collaboration and support digital licensing.
• Manage technology suppliers and coordinate with internal stakeholders and senior management across the LME and HKEX Group to launch and develop market data policies, products and services.

Academic and Professional Qualifications Required

• Ideally educated to degree level (B.Bus/B.Fin or Law preferable, at least 2:1)
• Demonstrable business experience FISD Market Data Certification an advantage

Required Knowledge and Level of Experience

• Significant and relevant business to business experience in market data and Derived Data licensing and policy in a bank or financial investment firm or Exchange environment
• Significant knowledge of derivatives, commodities and/or metals data in previous roles an advantage
• Solid market knowledge of financial investment products including commodity futures and options, Indices, CFDs, ETFs, ETCs and similar
• Familiarity with regulatory considerations for data licensing and policy including ideally BMR and Mifid II

Skills set and Core Competencies Required for Role

• Commercial and strategic outlook
• High level of numerical literacy – with advanced Microsoft Excel and Powerpoint is an advantage
• High level of legal and contract management experience
• Experience of CRM systems is an advantage
• Established network of business and technology contacts in the applicable sector
• Proven track record of international business development in Europe, US, Middle East and Asian markets

The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams, we welcome the unique contributions that you can bring in terms of education, ethnicity, race, sex, gender identity, expression & reassignment, nation of origin, age, languages spoken, colour, religion, disability, sexual orientation and beliefs. In doing so, we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication.

Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code:388) and one of the world’s leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metals Exchange. As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets. HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all. Discover the latest career opportunities and programmes at HKEX. Unauthorised access or use is prohibited. HKEX reserves the right to take appropriate action against any offenders.