Senior Market Data Governance Analyst

London Metal Exchange; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

London Metal Exchange seeks a Senior Analyst, Market Data Governance to support the Market Data Audits & Compliance function. You will own reporting controls, oversee compliance reviews and escalate material revenue or licensing issues, while coordinating with Finance and Legal.

The role requires strong Excel skills and a proactive, detail-focused mindset. You will work across Market Data, Finance and HKEX, contributing to governance improvements and data quality initiatives, reporting to the UK

Qualifications

• At least three years’ relevant experience in market data reporting, licensing, compliance, audit, revenue assurance, vendor governance or a related control function.
• Experience of market data licensing, policy or commercial governance, ideally within an exchange, trading venue, data vendor or major financial institution.
• Understanding of market data usage categories, derived data concepts, redistribution frameworks, OTC trading and entitlement models.
• Advanced Microsoft Excel capability, including complex reconciliations, data modelling and analysis of large datasets.
• Strong analytical capability, with experience identifying control weaknesses, revenue risks and data-quality issues.

Responsibilities

• Own a defined portfolio of market data reporting controls, reconciliations and customer submissions, ensuring that records are complete, accurate and processed within agreed timelines.
• Act as the subject-matter expert for reporting queries, working with licensees to resolve non-submissions, discrepancies and interpretation issues.
• Assess reported usage and customer arrangements against applicable licence terms and policies, document exceptions, agree corrective actions and escalates material or recurring breaches.
• Analyse usage, contractual and billing data to identify anomalies, fee discrepancies and potential revenue leakage, applying an understanding of customer business models.
• Partner with Finance on fee validation, billing reconciliations, revenue assurance, variance analysis and payment-related enquiries.
• Support the Manager, Market Data Audits & Compliance in delivering the audit programme and undertake remote and on-site compliance reviews within an agreed scope and timetable.
• Prepare evidence-based findings and recommendations, track agreed remediation and escalates material revenue, licensing or control issues on a risk-based basis.
• Produce clear management information on reporting quality, compliance risks, audit activity, remediation and revenue assurance.
• Maintain and improve reporting processes, controls, systems and governance tools to enhance efficiency, transparency and data quality.
• Support and provide cover for the Manager, Market Data Audits & Compliance on day-to-day operational matters, including prioritisation of reporting and review activity and escalation of urgent issues.
• Contribute to wider Market Data operational priorities, cross-functional initiatives and projects as required.

Skills

Commercial awareness

Relationship building

Communication

Numerical literacy

Education

Degree

FIA Market Data

DLS Market Data

Job description

London Metal Exchange seeks a Senior Analyst, Market Data Governance to support the Market Data Audits & Compliance function. You will own reporting controls, oversee compliance reviews and escalate material revenue or licensing issues, while coordinating with Finance and Legal.

The role requires strong Excel skills and a proactive, detail-focused mindset. You will work across Market Data, Finance and HKEX, contributing to governance improvements and data quality initiatives, reporting to the UK