Market Data Governance & Compliance Associate

RBC Capital Markets LLC; Jersey City (NJ); On-site; USD 95,000 - 125,000; Full time

Job summary

RBC Capital Markets LLC in Jersey City is seeking an Associate for the Market Data Services Compliance team. The role focuses on ensuring real-time market data use complies with licensing, exchanges, and internal governance.

It combines compliance, vendor management, and stakeholder engagement in a non-technical capacity. The position involves overseeing access controls, audits, policy enforcement, and cross-functional collaboration with Market Data Technology to embed compliance in new

Qualifications

• Bachelor's degree in finance, business, economics, or related field, or equivalent 5 years' work experience in market data commercials or technology.
• Client focus, strategic agility, priority setting, analytical thinking, integrity and trust.
• Strong interpersonal and communication skills.
• Ability to adapt to a changing environment.
• Advanced knowledge in Excel.
• Critical thinking with attention to detail in fast-paced, high-risk environments.

Responsibilities

• Provide oversight on best practices of market data access control, monthly reporting requirements and audit trail capabilities within proprietary applications.
• Participate in market data architecture forums and planning sessions to support projects (supply subject matter expertise).
• Work closely with Market Data Technology teams on new implementations, ensuring compliance requirements are built in from the start.
• Participate in exchange and supplier data use audits.
• Maintain and prepare third-party provided exchange exhibits/agreements, application use questionnaires and network diagrams.
• Communicate exchange announcements, vendor policies, and regulatory requirements for stakeholders under tight deadlines to ensure understanding of reporting obligations, policy changes, and pricing impacts.
• Maintain awareness of third-party market data licensing policies (unit of count, netting, MISU, etc.).
• Participate in industry working groups to lobby for consistent policies across data provider community.
• Analyze and maintain communication of vendor data changes impacting users and applications.
• Collaborate with business lines and technology partners to drive cost efficiency and optimization strategies for Real-time data while maintaining compliance integrity.
• Guide junior team members in developing expertise across market data compliance methodologies and regulatory frameworks for North American, European, and Asian exchanges.

Skills

Active Learning

Adaptability

Customer Service

Decision Making

Critical Thinking

Effectiveness Measurement

Operational Delivery

Process Improvements

Business Appraisals

Job description

RBC Capital Markets LLC in Jersey City is seeking an Associate for the Market Data Services Compliance team. The role focuses on ensuring real-time market data use complies with licensing, exchanges, and internal governance.

It combines compliance, vendor management, and stakeholder engagement in a non-technical capacity. The position involves overseeing access controls, audits, policy enforcement, and cross-functional collaboration with Market Data Technology to embed compliance in new