Market Data Services Associate

Deutsche Bank AG; Greater London; Hybrid; GBP 55,000 - 75,000; Full time

Benefits offered by this job

Hybrid working

Competitive salary

Pension

Private healthcare

Volunteering leave

Job summary

Deutsche Bank in London is seeking a Market Data Services Associate to help manage provisioning and deactivation of market data across the bank. You will interact with senior stakeholders, review costs, and support vendor negotiations while ensuring compliant data usage.

Hybrid working arrangements and a competitive benefits package accompany the role, with opportunities to influence data strategy across a global bank. Strong attention to detail and MS Office skills are essential.

Qualifications

• Proven knowledge of market data within a large financial institution.
• Ability to develop and maintain effective internal and external relationships.
• Strong understanding of compliant data usage and remediation.

Responsibilities

• Review market data costs and lead product/cost reduction programs with Senior Managers.
• Distribute analysis and reporting to support contract negotiations and requirements.
• Support relationship management with strategic external vendors including Exchanges and Brokers.
• Manage vendor data notifications of policy and pricing changes.
• Oversee risk and compliance of applications consuming market data and recertification.

Skills

Market Data knowledge

Relationship management

Attention to detail

MS Office proficiency

AI tools utilisation

Job description

Job Description

Job Title: Market Data Services Associate - Location: London - Corporate Title: Associate

The Market Data Services (MDS) team is responsible for the end-to-end provisioning and deactivation of market data across Deutsche Bank. This includes the data and financial management of market data products used by Deutsche Bank employees (e.g. Bloomberg, Refinitiv, FactSet). This data allows traders and Business users across the Bank to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives and currencies. The MDS team globally supports circa 12,000 users across 43 countries. MDS are working to implement a cohesive and efficient market data strategy for Deutsche Bank. The aim is to execute that strategy across the Bank with the clear objective of reducing market data costs. You will be required to work closely in conjunction with external vendors and all internal functions including global sourcing and infrastructure.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre. You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
• Competitive salary and non-contributory pension
• 30 days' holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year

Your key responsibilities

• Interacting with Senior Business Managers and Application Owners to review market data costs and product/cost reduction programs
• Distributing analysis, commentary and reporting of product/service usage to establish key requirements and metrics to support and assist contract negotiations
• Supporting relationship management of strategic external vendors including Exchanges and Brokers
• Managing vendor data notifications of future changes impacting data policies and pricing
• Managing risk and compliance of applications consuming market data and annual recertification of applications

Your skills and experience

• Previous Market Data knowledge ideally within large financial institution or investment bank
• Influencing ability to develop and maintain effective relationships internally and externally
• Excellent understanding of non-compliant data usage and remediation
• Attention to detail and ability to meet tight deadlines
• Proficiency in all Microsoft Office Applications
• Excellent communication skills, both written and verbal
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

Inclusivity

We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).

We welcome applications from all people and promote a positive, fair and inclusive work environment.

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers. If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [e-mail] to discuss. We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)