Market Data Analyst

First Roles; United States; On-site; USD 60,000 - 85,000; Full time

Job summary

Jordan & Jordan is seeking a Market Data Analyst to support our financial services clients with day-to-day market data operations, including invoice processing and inventory management. You will coordinate with vendors, maintain inventory in MDM, and handle MACs to ensure timely and accurate billing.

The role requires 1–3 years in market data, strong analytical abilities, and proficiency in Excel. Collaboration with finance, procurement, and accounts payable teams will be essential.

Qualifications

• 1–3 years of experience in a market data department within financial services.
• Hands-on experience with market data inventory management systems; MDM experience strongly preferred.
• Familiarity with market data vendors, products, and subscription billing practices.
• Experience processing market data invoices and managing MACs (moves, adds, changes).
• Strong analytical, organizational and problem-solving skills with excellent attention to detail.
• Effective communication skills and the ability to coordinate with vendors and internal stakeholders.
• Proficiency in Microsoft Excel and experience with financial or operational reports.

Responsibilities

• Process and review market data vendor invoices, ensuring accuracy and timely resolution of billing discrepancies.
• Maintain accurate and up-to-date market data inventory records within MDM.
• Process moves, adds, and changes (MACs), including new service requests, modifications, and cancellations.
• Coordinate with market data vendors regarding invoicing, payment status, billing discrepancies, and accounts payable requirements.
• Reconcile vendor invoices against inventory records to identify discrepancies and ensure accurate billing.
• Support monthly financial close activities, including invoice reconciliation, accruals, and reporting.
• Work closely with internal market data, finance, procurement, and accounts payable teams to support daily operations.
• Assist with identifying opportunities to improve inventory accuracy, billing processes, and operational efficiency.

Skills

Analytical skills

Attention to detail

Communication with vendors

Education

Bachelor's degree in a related field

Tools

MDM systems

Vendor management

Job description

Jordan & Jordan is seeking a Market Data Analyst to support our financial services clients in the day-to-day management of market data services, including invoice processing, inventory management, and vendor coordination.

Key Responsibilities

• Process and review market data vendor invoices, ensuring accuracy and timely resolution of billing discrepancies.
• Maintain accurate and up-to-date market data inventory records within MDM.
• Process moves, adds, and changes (MACs), including new service requests, modifications, and cancellations.
• Coordinate with market data vendors regarding invoicing, payment status, billing discrepancies, and accounts payable requirements.
• Reconcile vendor invoices against inventory records to identify discrepancies and ensure accurate billing.
• Support monthly financial close activities, including invoice reconciliation, accruals, and reporting.
• Work closely with internal market data, finance, procurement, and accounts payable teams to support daily operations.
• Assist with identifying opportunities to improve inventory accuracy, billing processes, and operational efficiency.

Qualifications

• 1-3 years of experience working in a market data department within financial services.
• Hands-on experience with market data inventory management systems; MDM experience strongly preferred .
• Familiarity with market data vendors, products, and subscription billing practices.
• Experience processing market data invoices and managing moves, adds, and changes.
• Strong analytical, organizational, and problem-solving skills with excellent attention to detail.
• Effective communication skills and the ability to coordinate with vendors and internal stakeholders.
• Proficiency in Microsoft Excel and experience working with financial or operational reports.