Data Licensing and Policy Manager

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

Job summary

The London Metal Exchange (LME) in London is seeking a Market Data Licensing and Policy Manager to lead licensing of LME market data for a defined region and support related policy development. You will work with Sales, Legal and Product teams to shape licensing policy, manage licences and satisfy regulatory requirements.

You will be responsible for fostering client relationships, analysing data usage, and driving commercial opportunities while ensuring compliance and efficient processes across

Qualifications

• Degree-level education in business, finance or law with at least a 2:1.
• Demonstrable business experience in market data licensing.
• FISD Market Data Certification is a plus.

Responsibilities

• Develop and implement licensing policy frameworks aligned with regulatory requirements.
• Research market developments and client needs to shape licensing policy and strategy.
• Build and manage licensee relationships, including applications, contracts and renewals.
• Explain value and permitted uses of market data to clients with Sales and Product teams.
• Analyse data usage to inform policy, identify opportunities and support product development.
• Collaborate with Legal and external counsel on licences, schedules and applicable law.
• Report on objectives, financial performance and industry developments for decision making.
• Lead process improvements to enhance efficiency and enable digital licensing.
• Coordinate with technology suppliers and HKEX Group to launch data policies and services.

Skills

Commercial strategy

Numerical literacy

Contract management

International business development

Stakeholder management

Education

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

Tools

CRM systems

Excel

PowerPoint

Job description

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.

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.