Market Data Administrator

S4 Market Data; Chicago (IL); On-site; USD 60,000 - 90,000; Full time

Job summary

An established industry player is seeking a dedicated Market Data Administrator to oversee client project administration and support service delivery. This role requires expertise in managing market data inquiries, contract updates, and inventory management. Ideal candidates will thrive in a fast-paced environment, engaging with various departments to ensure data accuracy and compliance. If you're a self-motivated individual with strong communication skills and a background in financial services or consulting, this opportunity offers a chance to make a significant impact in a dynamic setting.

Qualifications

• Experience in market data administration and contracts is essential.
• Knowledge of FITS/MDSL systems and market data vendors is a plus.

Responsibilities

• Manage daily inquiries related to market data and contracts.
• Maintain updated inventory of contracts, services, and vendors.
• Engage with internal stakeholders to resolve procurement issues.

Skills

Market Data Administration

Inventory Management (FITS/MDSL)

Contract Updates

Invoice Reconciliation

Intermediate Excel Skills

Communication Skills

Task Management

Time Management

Education

Experience in Financial Services

Experience in Market Data

Experience in Consulting

Tools

Excel

FITS/MDSL

Market Data Vendors (Bloomberg, FactSet, NYSE, ICE)

Job description

Summary:

This role is NOT for a Data Analyst, Data Scientist, or IT professional. Candidates must have experience in Market Data administration and contracts. Please review the description carefully before applying.

The Market Data Administrator at S4 Market Data oversees client project administration and supports service delivery for managed services. Responsibilities include managing market data inquiries related to inventory, procurement, and renewals, and assisting lead analysts with project tasks. Ideal candidates will have experience with market data administrative functions such as inventory management (FITS/MDSL), contract updates, and invoice reconciliation. A background in finance or consulting is preferred.

Responsibilities:

• Handle daily inquiries from internal teams and lead analysts, including entitlement requests, inventory updates, procurement, legal approvals, expense allocation, and invoice reconciliation.
• Maintain an updated inventory of contracts, services, pricing, users, and vendors. Perform monthly reconciliations to ensure data accuracy.
• Engage with internal stakeholders across departments such as technology, legal, finance, HR, and investment management to resolve procurement issues.
• Support lead analysts with client and project support, including data analysis in Excel as needed.
• Assist with SLA reporting for internal teams and client updates.
• Perform business development tasks and other duties as assigned by management.

Qualifications:

• Experience in financial services, market data, or consulting preferred. Knowledge of FITS/MDSL systems is a plus.
• Experience with Market Data vendors like Bloomberg, FactSet, NYSE, ICE, etc. Intermediate Excel skills are required.
• Strong communication, task management, and time management skills are preferred. Ability to handle multiple requests efficiently.
• High energy, self-motivated, able to work independently or in teams.