Market Data Business Analyst:
On behalf of our Banking client, Procom is searching for a Market Data Business Analyst for a 6 month contract role. This position is a hybrid position with 3 days onsite at our client’s Toronto office.

Market Data Business Analyst - Job Description:
The Market Data Business Analyst will oversee the control of market data inventory, including managing service requests, vendor and exchange reporting, and invoice processing. The role aims to ensure accuracy in cost allocation, conduct vendor service audits, and provide exceptional customer service.

Market Data Business Analyst - Responsibilities:
Document specific reporting procedures for each vendor or exchange
Track contract renewals and price changes, and place vendor orders as required
Generate, review, and submit monthly exchange and vendor usage reports ensuring accuracy
Reconcile, verify, and coordinate the settlement of market data invoices against negotiated contracted pricing
Maintain cost allocations across multiple lines of business based on actual usage
Manage user notification/approval for service contract renewals and price changes
Identify savings prospects through contract reviews and firm-wide consolidation efforts

Market Data Business Analyst - Mandatory Skills:




In-depth understanding of MDM components and key performance indicators
Experience utilizing market data vendor permissioning tools
Solid financial, analytical, and conceptual skills
Ability to work within complex environments across organizational levels
Excellent communication skills for articulating decisions and influencing priorities

Market Data Business Analyst – Nice-to-Have Skills:
Experience with global market data inventory systems
Familiarity with exchange and regulatory body reporting
Background in managing relationships with internal and vendor finance teams
Experience in identifying cost reduction opportunities
Ability to develop detailed financial market data cost reports

Market Data Business Analyst – Assignment Length:
This is a 6 month contract position.

Market Data Business Analyst - Start Date:
ASAP.

Market Data Business Analyst - Assignment Location:
Toronto, Ontario, Canada. This position is hybrid with 3 days in the office.

This posting is for an existing vacancy.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.

📌 Market Data Business Analyst Toronto (Canada)
🏢 Procom
📍 Canada