Manager - Market Data Compliance & Assurance

CME Group Inc.; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Career progression

Exposure to CME products and cross‑fun

Competitive salary and benefits

Job summary

CME Group is seeking an Audit Manager for Market Data Compliance and Assurance to lead global audits across our data services. You will ensure licensing, policy adherence, and revenue integrity, working with a diverse customer base and cross-functional teams.

The role covers on-site and remote audits of major financial institutions, with opportunities to influence policy and process improvements while growing deep expertise in CME Group’s data products and governance framework.

Qualifications

• 6–10 years demonstrable experience in market data audit or market data management.
• Strong knowledge of financial exchanges' (equities or F&O), index providers' or information vendors' real time, end of day and derived data policies.
• Substantial experience in negotiating and settling audit claims resulting from identification of non-compliance with data usage policies.
• Knowledge of data consumer and data vendor firms globally, including major information vendors, investment banks and online trading platforms.
• Development and maintenance of good customer relationships.
• Experience designing and implementing processes to improve efficiencies with a bias toward continuous improvement.
• Financial Information Associate (FIA) certification or CPA welcomed.
• Knowledge of vendor and third party application providers’ products and market data systems management/permissioning systems (LSEG DACS, Wombat, Bloomberg B-Pipe).
• Knowledge of third party market data inventory management systems (MDM, InfoMatch).
• Advanced knowledge of Microsoft Office with emphasis on Excel financial formulas, data analysis and pivot tables.
• Salesforce experience helpful.
• Education: Bachelor’s degree in Finance, Accounting, Economics, or Information Systems; MBA/MS preferred.

Responsibilities

• Execute a program of customer compliance and auditing to protect CME Group’s intellectual property, minimize revenue leakage and optimize revenue recovery.
• Research and prepare for customer audits, collating materials to inform the audit visit.
• Communicate with audited firms to articulate required collaboration, materials and manage expectations and timeframes.
• Perform on-site market data audits, analyzing applications and systems related to market data consumption and permissions.
• Provide written and verbal insights and recommendations to auditee and leadership.
• Work with teams and external customers globally to promote compliance with policies and ensure audit processes with minimal disruption to customers.

Skills

Market data audits

On-site auditing

Remote auditing

Data licensing

Stakeholder communication

Analytical reasoning

Excel expertise

Salesforce knowledge

Education

Bachelor’s degree in Finance, Accounting, Economics, or Information Systems

Master’s degree (MBA or MS) preferred

FIA certification or CPA welcomed

Tools

Microsoft Excel

Salesforce

MDM

InfoMatch

Bloomberg B-Pipe

Job description

The Audit Manager of Market Data Compliance and Assurance is essential to the global governance of CME Group’s commercial Data Services business. The role will be responsible for the execution of market data audits spanning CME Group’s diverse customer base to ensure market data and derived data policies are being adhered to and that use of intellectual property is correctly licensed to and reported by customers globally. The successful candidate will warrant CME Group market data is used in accordance with existing vendor and customer agreements, and grow customer understanding of managing CME Group market data effectively. The role will deploy and develop best practice guidelines in the conduct of customer audits. The successful candidate should have a strong working knowledge of conducting both on-site and remote audits of major financial institutions and information/software vendors.

What You’ll Get

• A supportive environment fostering career progression, continuous learning, and an inclusive culture.
• Broad exposure to CME's diverse products, asset classes, and cross-functional teams.
• A competitive salary and comprehensive benefits package.
• Explore our full range of benefits

What You’ll Do

• Execute a program of customer compliance and auditing to protect CME Group’s intellectual property, minimize revenue leakage and optimize revenue recovery
• Effectively research and prepare for customer audits, collating all of the appropriate materials to inform the audit visit
• Communicate with audited firms to clearly articulate expected collaboration, materials required and to manage both expectations and timeframes efficiently. and commercial policy/licensing opportunities
• Perform on-site market data audits, analyzing all applications and systems related to market data consumption, investigating and analyzing inventory management and permissioning systems to ensure CME has a comprehensive and complete overview of a firm’s market data consumption
• Provide clear written and verbal insight and analysis of findings to auditee and Data Services' leadership, with analysis of findings and recommendations on future customer compliance focus and any financial liability found
• Work with and develop relationships with team members, internal CME Group stakeholders, and external customers on a global basis to promote and support compliance with policies and ensure effective audit processes with minimum disruption to customers

What You’ll Bring

• 6 - 10 years demonstrable experience in market data audit or market data management, with experience of conducting on-site and remote market data audits
• Strong knowledge of financial exchanges' (equities or F&O), index providers' or information vendors' real time, end of day and derived data policies
• Substantial experience in negotiating and settling audit claims resulting from identification of non-compliance with data usage policies
• Knowledge of data consumer and data vendor firms globally, including (but not limited to) major and niche information vendors, investment banks, online trading platforms, high frequency and proprietary trading firms
• Development and maintenance of good customer relationships
• Proven background in analyzing, designing and implementing processes and policies to improve efficiencies and achieve desired objectives with a strong bias towards continuous improvement
• Financial Information Associate (FIA) certification or CPA welcomed
• Knowledge of vendor and third party application providers’ products and market data systems management/permissioning systems (LSEG DACS, Wombat, Bloomberg B-Pipe, etc.)
• Knowledge of third party market data inventory management systems (MDM, InfoMatch etc.)
• Advanced Knowledge of Microsoft Office with emphasis on high degree of proficiency in Excel including the use of financial formulas, data analysis and pivot table features is a must.
• Proficiency in Salesforce helpful
• Education: Bachelor’s degree in Finance, Accounting, Economics, or Information Systems; a Master’s degree (MBA or MS) is preferred.

CME Group: Where Futures are Made CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more. At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal‑opportunity employer, we consider all potential employees without regard to any protected characteristic.

For U.S. employment, CME Group is legally required to validate a new hire’s employment eligibility by having them complete an Employment Eligibility Verification (Form I-9) companied with legally acceptable proof of identity and work authorization (as listed on the Form I-9). CME Group uses E-Verify, which is an online system operated by the U.S. Department of Homeland Security in partnership with the Social Security Administration to verify employment eligibility and validate social security numbers. Through participation in the E-Verify program, information entered on Form I-9 will be provided and compared to information available at both of these agencies. See posters below for more details. E-Verify Notice E-Verify Notice Español U.S. Right to Work Notice U.S. Right to Work Notice Español