Market Data Analyst

MUFG; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading global financial institution in London is seeking a Market Data Analyst to manage daily market data processes and drive improvements. The successful candidate will work closely with teams across various functions, ensuring timely and accurate data delivery while contributing to an enterprise data management system. Candidates should have strong market data knowledge and proficiency in tools like Excel, along with effective communication skills.

Qualifications

• Experience in handling market data processes.
• Proven ability to work with internal and external data sources.
• Effective communication and teamwork skills.

Responsibilities

• Process market data accurately and in a timely manner.
• Enhance market data production processes to reduce operational risk.
• Build relationships with key stakeholders across the business.

Skills

Knowledge of market data requirements

Knowledge of different asset classes (fixed income and derivatives)

Strong Microsoft Office skills (Excel essential)

Desirable system experience: Murex, Markit EDM, Bloomberg

Job description

Overview

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Market Data Analyst

Overview of the department/section

The Information and Data Management (IDM) department is responsible for master data management and MI production across all international subsidiaries of MUSHD and EMEA region for MUFG Bank. The mandate for the department is to:

• Develop a business led, technology enabled data strategy and roadmap for delivery of data management target state.
• Develop a data governance framework and establish data related policies and procedures to improve the value of data as an enterprise asset.
• Source, validate and maintain master data repositories of market and reference data.
• Agree data quality standards with business owners and track metrics and continuously improve data processes.
• Investigate and analyse data issues, identify the root cause and recommend control improvements
• Develop and support an MI platform optimised for the aggregation of data and the reporting of processed and analysed information.
• Deliver accurate, timely and insightful MI to the international business to support executive decision making and to meet statutory and regulatory reporting requirements.

The team operates internationally with staff currently based in London, New York and Hong Kong.

The Master Data Management team in London has two main functions:

• Market Data: Includes EOD pricing, IPV prices, time series and curve maintenance
• Reference Data: Includes counterparty, common reference, instrument and organisational data

Main purpose of the role

• The successful candidate will play a key role in the daily market data process by ensuring market data is processed in a timely and accurate fashion, while driving improvements and facilitating change. Our team is responsible for market data across various asset classes providing an excellent opportunity for exposure to Front Office, P&L, Operations and Risk management functions. The implementation of a strategic Enterprise Data Management system where our team is playing a key support role provides the opportunity to the individual to contribute to the successful path towards an international data model which is essential for the firm’s success.

Key responsibilities

• Accountable: To work as a team member in the Market Data team within Master Data Management. Furthermore under this arrangement you will be working alongside an outsourced delivery team in MGS.
• Responsible that market data captured daily both from internal and external sources is accurate and timely before its distribution to the various business areas, functions and systems.
• Responsible that data-production processes market data which adheres to the definition, standards, and quality rules agreed with stakeholders.
• Responsible to take ownership of assigned data issues and ensure that data issues are identified, prioritized, tracked and resolved.
• Responsible to enhance market data production processes, working with our stakeholders including Technology teams to improve data validation, enhance efficiency, reduce operational risk and optimise where possible existing strategic systems and data sources.
• Responsible to contribute actively to the enhancement and effective operation of key controls across team processes.
• Responsible to support cost rationalisation of market data requests.
• Responsible to maintain desk procedures up to date in an effort to improve team coverage and efficiency.
• Build positive and pro-active working relationships with the key stakeholders across the business.

Skills and experience

• Knowledge of market data requirements
• Knowledge of different asset classes with a focus on fixed income and derivatives
• Strong Microsoft Office skills (Excel essential)
• Desirable system experience; Murex, Markit EDM, Bloomberg

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute