Strategic Data Management Lead

Millennium; New York (NY); On-site; USD 160,000 - 250,000; Full time

Job summary

Millennium in New York is seeking a senior vendor management lead to own relationships with market data providers and drive favorable commercial outcomes. You will lead negotiations, establish a global vendor strategy, monitor performance, and partner with Finance, Procurement, and portfolio teams to align data solutions with investment objectives.

This role demands deep knowledge of market data products, strong leadership, and the ability to manage multiple priorities in a fast-paced, global

Qualifications

• Bachelor's degree in Finance, Business Administration, IT or related field.
• Experience in market data, commercial and relationship management within financial services.
• Proven success owning senior vendor relationships and negotiating complex agreements.
• Strong leadership and cross-functional collaboration skills.

Responsibilities

• Own senior-level relationships with market data vendors and strategic providers.
• Lead negotiations for new agreements, renewals, pricing, SLAs and licensing terms.
• Develop and execute a global vendor strategy aligned with firm objectives.
• Establish vendor metrics, governance routines and remediation plans.
• Partner with Finance/Procurement on budgets, forecasts, and cost allocations.
• Collaborate with portfolio managers, traders, and research teams to translate needs into vendor solutions.
• Guide licensing, entitlement decisions and lifecycle controls for data products.
• Lead initiatives to improve vendor-management processes and controls.

Skills

Vendor management

Negotiation

Leadership

Financial analysis

Stakeholder management

Education

Bachelor's degree in Finance, Business Administration, Information Technology

Tools

Contract management

Job description

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors.
Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team

The Strategic Data Management team sits within the Content Operations group in Operations & Middle Office. As part of the Market Data management team, it supports investment teams and core functions across the firm and partners closely with Technology, Data Management, Operations, Legal, Compliance, Finance, and Procurement. The team works in a fast-paced, global investment environment, setting strategy, prioritizing investments, and driving firm-wide operational improvements.

What You’ll Do

• Own senior-level relationships with market data vendors and other strategic providers, serving as the primary escalation point and building productive, long-term partnerships
• Lead negotiations for new agreements, renewals, pricing, service levels, licensing terms, and commercial structures, securing favorable outcomes while balancing cost, service, risk, and business requirements
• Develop and execute a global vendor strategy aligned with the firm’s investment, technology, operational, and financial objectives
• Establish and oversee vendor performance metrics, service-level agreements, governance routines, and remediation plans, while identifying and mitigating vendor, operational, and continuity risks
• Partner with Finance and Procurement to manage market data budgets, forecasts, invoice validation, cost allocations, inventory, usage, and savings initiatives
• Work directly with portfolio managers, traders, research teams, and other investment professionals to understand data, product, and workflow needs, and partner with Technology, Data Management, Operations, Legal, Compliance, and other core groups to translate them into coordinated vendor solutions
• Apply knowledge of market data products, exchanges, brokers, platforms, and financial information services to guide sourcing, licensing, entitlement, and product decisions, and contribute to the governance of market data inventory, entitlements, data quality, licensing compliance, and lifecycle controls
• Lead initiatives to improve vendor-management and market data processes, controls, reporting, tooling, and automation, ensuring compliance with internal policies, contractual obligations, and applicable regulatory and exchange requirements

What You Bring

• Bachelor’s degree in Finance, Business Administration, Information Technology, or a related field; an advanced degree or relevant certifications are a plus
• Significant experience in market data, commercial and relationship management, operations, finance, or a related discipline within financial services
• Demonstrated success owning senior vendor relationships and negotiating complex, high-value commercial agreements; experience leading teams is strongly preferred
• Deep understanding of market data products, vendors, licensing models, and the financial markets ecosystem
• Strong product knowledge across asset classes and investment workflows; experience supporting portfolio managers and trading teams is a plus
• Experience with data management, vendor governance, entitlement or inventory management, and operational process improvement
• Strong financial acumen, including budgeting, forecasting, cost analysis, and allocation methodologies
• Proven people-leadership skills, with the ability to develop and manage a high-performing team; excellent communication, influencing, analytical, problem-solving, and decision-making skills; and the ability to manage multiple priorities and stakeholders in a fast-paced, global investment environment

Salary Range

Millennium offers a total compensation package which includes a base salary, discretionary performance bonus, and comprehensive benefits. The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.