Market Data Services Associate

Deutsche Bank AG; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid Working

Non-contributory Pension

30 days’ holiday + bank holidays

Life Assurance

Private Healthcare

Retail Discounts

Bike4Work scheme

Gym benefits

CSR volunteering leave

Job summary

Deutsche Bank AG in London is seeking a Market Data Services Associate to manage the end-to-end provisioning and deactivation of market data across the firm. You will collaborate with vendors and internal teams to optimize costs while ensuring compliant data usage and governance.

The role involves reviewing data usage, supporting contract negotiations, and maintaining strong relationships with exchanges and data providers. A hybrid working model and comprehensive benefits are provided.

Qualifications

• Market Data knowledge within large financial institutions or investment banks.
• Influencing ability to develop and maintain relationships.
• Attention to detail and ability to meet deadlines.
• Proficiency in Microsoft Office Applications.
• Excellent written and verbal communication.

Responsibilities

• Interacting with Senior Business Managers and Application Owners to review market data costs and cost-reduction programs.
• Distributing analysis, commentary and reporting of product/service usage to support contracts.
• Supporting relationship management of 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.

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
• 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)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

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