Market Data Analytics & Operations AVP

State Street; Clifton (NJ); On-site; USD 80,000 - 140,000; Full time

Benefits offered by this job

401K retirement plan

Insurance coverage

Paid time off

Employee Assistance Program

Job summary

State Street is seeking an experienced Financial Operations professional to manage market data processes within Optimize Spend (FITS), driving data integrity and spend transparency. You will reconcile invoices, maintain supplier and contract data, and generate reports for governance and cost control.

Key responsibilities include data quality reviews, process automation, cross-functional collaboration, and supporting financial governance.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, Information Systems, or a related field required.
• 5+ years of experience in Market Data, Procurement, Vendor Management, Financial Operations, Sourcing, Finance, or a related discipline.
• Experience managing market data vendor invoices, contract reconciliation, spend reporting, financial governance, and operational controls.
• Hands-on experience with Optimize Spend (FITS) or similar platforms.
• Ability to analyze large datasets, perform reconciliations, and provide actionable insights.
• Advanced proficiency in Microsoft Excel and reporting tools such as Power BI/Tableau.

Responsibilities

• Maintain supplier, contract, and market data inventory records in FITS for accuracy.
• Perform data quality reviews and resolve missing, inaccurate, or outdated information.
• Generate and analyze reports to support spend reporting.
• Identify opportunities to improve FITS processes through automation and standardization.
• Manage end-to-end invoice reconciliation, validating against contractual terms.
• Maintain ownership of billing accounts and ensure timely reconciliation activities.
• Prepare invoice walks and reconciliation packages for approval and payment.
• Track and support governance activities for savings and avoidance initiatives.
• Collaborate with Sourcing, Account Management, vendors and business partners to resolve issues.
• Identify opportunities for process improvements and automation to increase efficiency.
• Assist with project work, remediation efforts, and special assignments.
• Maintain strong relationships with internal stakeholders and external vendors.

Skills

Optimize Spend (FITS) proficiency

Relationship building

Communication skills

Data manipulation

Financial modeling

Reconciliation

MS Office (Excel, Access, PowerPoint,

Project management

Market data knowledge

Detail-oriented

Education

Bachelor's degree in Finance/Accounting/Business/Economics/IS

Tools

Excel

Access

PowerPoint

Power BI

Tableau

Job description

State Street is seeking an experienced Financial Operations professional to manage market data processes within Optimize Spend (FITS), driving data integrity and spend transparency. You will reconcile invoices, maintain supplier and contract data, and generate reports for governance and cost control.

Key responsibilities include data quality reviews, process automation, cross-functional collaboration, and supporting financial governance.