Market Data Services Analyst

Wellington Management; Boston (MA); On-site; USD 90,000 - 180,000; Full time

Benefits offered by this job

Retirement plan

Health and wellbeing

Dental

Vision

Pharmacy coverage

HSA/FSAs

Commuter program

Life and disability insurance

Tuition/CFA reimbursement

Paid time off

Job summary

Wellington Management is seeking a Market Data Services Analyst to lead the firm’s data program, optimize spend, and manage vendor relationships across major data providers. The role requires deep market data expertise and the ability to collaborate across teams to deliver cost-effective solutions.

You will oversee data changes lifecycle, report usage, and support budgeting processes while advancing tools like FITS and ServiceNow to improve data integrity.

Qualifications

• Bachelor's degree or higher in a related field.
• 8+ years of relevant work experience.
• Deep financial and market data services expertise with leadership in vendor relationships.

Responsibilities

• Lead the market data program, ensuring alignment with business needs.
• Oversee onboarding, renewals, cancellations, and modifications of market data.
• Manage inventory systems and invoice workflows with accuracy and budget focus.
• Own relationships with market data providers; lead contract negotiations and monitor performance.
• Ensure accurate reporting of exchange data usage per licenses and regulations.
• Serve as a trusted advisor to investment teams on market data needs.
• Maintain and improve systems like Optimize Spend (FITS) and ServiceNow for data integrity.
• Contribution to annual budgeting through usage analysis and cost forecasting.
• Promote market data tools adoption to maximize ROI.

Skills

Vendor management

Market data

Power BI

Tableau

ServiceNow

Communication

Leadership

Data governance

Education

Bachelor's degree in Business Administration/Information Systems/Computer Science/Statistics

Tools

Optimize Spend (FITS)

Power BI

Tableau

ServiceNow

Job description

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About The Role

The Company

Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With US$1 trillion in assets under management as of 30 September 2018, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative, and inclusive culture because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.

The Position

The Market Data Services Analyst will be a strategic leader within Wellington Management’s Market Data Services team. This role is responsible for driving the delivery of high-impact, cost-effective market data solutions while ensuring operational excellence and compliance. The ideal candidate will bring deep expertise in market data management, strong vendor negotiation skills, and the ability to lead cross-functional initiatives that align with the firm’s business priorities.

Responsibilities

• Lead the execution and continuous improvement of the firm’s market data program ensuring alignment with business needs.
• Oversee the full lifecycle of market data changes including onboarding, renewals, cancellations, and modifications, ensuring minimal disruption and maximum value.
• Manage inventory systems and invoice workflows with precision, ensuring accuracy, timeliness, and compliance with budgetary targets.
• Own relationships with key market data providers, lead contract negotiations, and monitor vendor performance to ensure service quality and value.
• Ensure accurate reporting of exchange data usage in accordance with licensing agreements and regulatory requirements.
• Serve as a key point of contact for investment teams and business units, providing expert guidance and support for market data needs.
• Maintain and improve systems such as Optimize Spend (FITS) and ServiceNow to support workflow efficiency and data integrity.
• Contribute to the annual budgeting process through detailed usage analysis, cost forecasting, and strategic recommendations.
• Promote effective use of market data tools through user training and support, driving adoption and maximizing ROI.

Qualifications

• Bachelor's degree in Business Administration, Information Systems, Computer Science, Statistics, or a related field of study
• 8+ years of relevant work experience
• Deep financial and market data services expertise with demonstrated leadership in managing complex vendor relationships.
• Strong knowledge of market data vendors (e.g., Bloomberg, FactSet, LSEG, ICE) and licensing structures; familiarity with exchange rules and reporting requirements.
• Prior experience with Optimize Spend strongly preferred. Experience with Power BI, Tableau and ServiceNow is a plus.
• Excellent verbal and written communication skills with the ability to influence stakeholders and bridge business and technical needs.
• Proven ability to lead initiatives, drive process improvements, and collaborate across departments in a fast-paced environment.
• High attention to detail with a disciplined approach to data management and operational execution.
• Proactive and resourceful with a strong commitment to continuous improvement and delivering high-quality outcomes.
• Experience with soft dollar regulations and procedures a plus

Benefits

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is: USD 90,000 - 180,000.

Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible.

In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally.

• retirement plan
• health and wellbeing
• dental
• vision
• pharmacy coverage
• health savings account
• flexible spending accounts and commuter program
• employee assistance program
• life and disability insurance
• adoption assistance
• back-up childcare
• tuition/CFA reimbursement
• paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [e-mail].