Market Data Specialist

Employment; Muscat; On-site; OMR 15,000 - 23,000; Full time

Job summary

Employment in Muscat seeks a highly motivated market data specialist to join our IT team. This role manages market data services across business units, ensuring accurate sourcing, cost-efficient management, and compliance with vendor licenses.

You will work with Bloomberg, Refinitiv, and other providers, handle platform and feed management, governance, cost optimisation, and documentation for CTB/RTB projects.

Qualifications

• Bachelor’s or higher in finance, economics, banking, mathematics, statistics, CS, IS, data analytics.
• Postgraduate finance/engineering/data analytics qualification is a plus.
• Minimum 4 years in market data, financial markets, or banking IT.
• Strong familiarity with Bloomberg/Refinitiv platforms and services.
• Understanding of financial markets, indices, and exchange operations.
• Experience in large IT projects and system implementations is beneficial.

Responsibilities

• Manage market data vendors, contracts, renewals and licensing.
• Govern data quality, compliance, usage, and cost controls.
• Administer market data platforms (Bloomberg/Refinitiv) and onboarding of feeds.
• Produce usage and compliance reports and support audits.
• Drive governance improvements and cost optimisation initiatives.

Skills

Market data management

Vendor governance

Contract management

Data quality oversight

Platform administration

Cost optimisation

Education

Bachelor's degree in finance, economics, banking, mathematics, statistics, computer science, information systems, data analytics

Tools

Bloomberg B-Pipe

Bloomberg BDL

Bloomberg Terminal

Refinitiv EMS

Refinitiv DSS

Refinitiv Eikon

Job description

Industry Accounting & Finance in Audio Technology

Description

We are seeking a highly motivated market data specialist to join our client's IT team in Muscat. This role is responsible for managing, governing, and optimising the bank’s market data services across all business units.

You will play a critical role in ensuring market data is accurately sourced, cost-efficiently managed, and used in full compliance with vendor licensing agreements. This is an excellent opportunity to work closely with leading global data providers and contribute to enterprise-wide data strategy and transformation initiatives.

Key responsibilities

Market data vendor & contract management
Act as the primary relationship owner for global market data vendors (e.g. Bloomberg, Refinitiv, exchanges, rating agencies, and news providers)
Manage vendor contracts, renewals, amendments, and licensing agreements
Oversee subscriptions, user access, entitlements, and permissions

Data quality, compliance & governance
Monitor and ensure the integrity, availability, and accuracy of market data
Ensure compliance with vendor licensing terms and usage policies
Track user consumption and proactively align usage with entitled services
Support and coordinate vendor audits and remediation activities
Identify opportunities to optimise costs and licensing structures

Platform & feed management
Administer enterprise market data platforms (e.g. Bloomberg B-PIPE, BDL, Refinitiv EMS)
Lead onboarding of new data feeds and services in collaboration with internal teams and vendors
Produce and maintain accurate usage and compliance reporting

Controls & optimisation
Conduct periodic reviews and recertification of market data services
Identify unused or underutilised subscriptions and implement optimisation plans
Drive continuous improvement in data governance and cost efficiency

Projects & documentation
Support key technology and transformation initiatives (CTB/RTB), including system implementations
Maintain clear documentation, knowledge base materials, and user guidance for market data services

Requirements

• Bachelor's degree in finance, economics, banking, mathematics, statistics, computer science, information systems, data analytics, or a related discipline.
• Postgraduate qualification in finance, financial engineering, or data analytics is an advantage.
• Minimum 4 years of relevant experience in market data, financial markets, or banking IT.
• Solid knowledge of primary market data providers and their key services, including Bloomberg (B-Pipe, BDL, Terminal), Refinitiv (EMS, DSS, Eikon), and Quanthouse.
• Sound understanding of financial markets, exchange operations, primary financial instruments, and key index types.
• Demonstrated experience in large-scale IT projects and system implementations is an advantage.

Contract until the end of the year.
Salary to be discussed.