Market Data Specialist

Category; Oman; On-site; OMR 12,000 - 24,000; Full time

Job summary

Category in Muscat seeks a Market Data Specialist to oversee the bank's data services across units, ensuring accurate sourcing, cost efficiency, and licensing compliance.

You will engage with Bloomberg, Refinitiv, and other providers; manage vendor contracts, onboarding of feeds, governance, and reporting. Requires 4+ years in market data or banking IT and a finance/economics background.

Qualifications

• Bachelor's degree in Finance, Economics, Banking, Mathematics, Statistics, Computer Science, Information Systems, Data Analytics.
• 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 (Bloomberg, Refinitiv, Quanthouse).
• Sound understanding of financial markets, exchange operations, instruments, and index types.
• Experience in large-scale IT projects and system implementations is an advantage.

Responsibilities

• Own relationships with global market data vendors (Bloomberg, Refinitiv, exchanges) and manage contracts.
• Oversee subscriptions, user access, entitlements, and licensing agreements.
• Ensure data integrity, compliance with vendor terms and usage policies.
• Administer enterprise data platforms (e.g. Bloomberg B-PIPE, BDL, Refinitiv EMS) and onboard feeds.
• Produce usage and compliance reports; coordinate vendor audits and remediation.
• Identify cost optimization opportunities and drive governance of data services.
• Support technology transformation projects and maintain documentation.

Skills

Market data

Vendor management

Contract management

Data governance

Cost optimization

Audit support

Platform onboarding

Education

Bachelor's degree in Finance/Economics/Banking/Math/Statistics/CS/IS/Data Analytics

Tools

Bloomberg

Refinitiv EMS

Quanthouse

B-PIPE

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