VP, Enterprise Market Data Strategy

LPL Financial; New York (NY); On-site; USD 150,000 - 249,000; Full time

Benefits offered by this job

401K matching

health benefits

employee stock options

paid time off

volunteer time off

Job summary

LPL Financial is seeking a VP, Enterprise Market Data Management to lead the firm’s market data function and serve as the senior strategic advisor for third-party market data. You will partner across Product, Technology, Data, Finance, Legal, Risk, and Operations to ensure data supports business objectives and complies with contractual obligations.

This role requires 10+ years in market data or related leadership roles, strong governance and vendor management capabilities, and experience driving

Qualifications

• 10+ years of experience in market data, financial information services, data products, product management, vendor management, commercial management, data governance, sourcing, financial services technology, or related leadership roles.
• Experience leading an enterprise function, operating model, product portfolio, shared service, or transformation with responsibility for strategy, governance, execution, and measurable outcomes.
• Knowledge of the market data ecosystem, including exchanges, index providers, pricing and reference data, terminals, feeds, APIs, files, derived data, entitlements, redistribution, non-display usage, and licensing agreements.
• Experience leading strategic provider relationships, enterprise negotiations, renewals, sourcing decisions, audits, or remediation activities.
• Experience managing financial processes including spend management, forecasting, demand management, cost allocation, and value realization.

Responsibilities

• Define and execute a multi-year enterprise market data strategy aligned to business, product, technology, financial, and growth objectives.
• Lead and mature the Enterprise Market Data Management operating model, including governance, service delivery, intake processes, decision rights, performance metrics, and escalation frameworks.
• Establish and maintain controls for market data intake, ownership, licensing, entitlements, access, usage, redistribution, documentation, and retirement.
• Serve as the senior relationship owner for strategic market data providers and support enterprise agreements, renewals, sourcing strategies, pricing discussions, audits, and commercial negotiations.
• Develop reporting and oversight for market data spend, contracts, renewals, invoices, allocations, savings opportunities, and financial exposure.

Skills

Market data leadership

Enterprise strategy

Governance

Financial management

Vendor management

Stakeholder influence

Data governance

Cross-functional leadership

Tools

Contracts management

Vendor negotiations

Job description

LPL Financial is seeking a VP, Enterprise Market Data Management to lead the firm’s market data function and serve as the senior strategic advisor for third-party market data. You will partner across Product, Technology, Data, Finance, Legal, Risk, and Operations to ensure data supports business objectives and complies with contractual obligations.

This role requires 10+ years in market data or related leadership roles, strong governance and vendor management capabilities, and experience driving