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MFS Investment Management · 3 months ago

Market Data - Sr Specialist

Boston

Full-time

Hybrid

Mid, Senior Level

$76K/yr - $110K/yr

2+ years exp

MFS Investment Management is a company that emphasizes a supportive culture and community engagement. The Market Data Sr. Analyst is responsible for managing third-party market data to support various functions including portfolio management and compliance, while also engaging with stakeholders and external vendors to optimize data usage.

EducationHigher EducationVenture Capital

Responsibilities

Assist in managing the vendor lifecycle from initial request and onboarding through negotiations, legal review, and contract execution

Administer contract renewals, ensuring timeliness and alignment with business needs

Maintain exchange reporting and audits, ensuring compliance with licensing requirements

Collaborate with portfolio management, trading, research, operations, and other business partners to document business needs and align them with vendor services

Educate data users on contractual rights and restrictions to ensure compliance with usage terms

Partner with procurement, legal, risk, and compliance to ensure appropriate governance and due diligence across all contractual engagements

Maintain the vendor inventory system, ensuring contracts, entitlements, and pricing information are accurate and current

Develop and deliver a monthly reporting schedule for stakeholders to provide transparency into market data spend and usage

Manage workflow allocation through JIRA and generate dashboards to track activity and progress

Engage in strategic initiatives to improve the investment and data lifecycle, with a focus on cost efficiency and value creation

Document and update internal procedures to ensure consistency with best practices

Track and document cost savings, avoidance, and budget headwinds, aligning reporting with the overall market data budget

Qualification

Market data acquisitionVendor managementFinancial services experienceStakeholder engagementInterpersonal skillsNegotiation skillsTeam-orientedProblem solvingCommunication skills

Required

Bachelor's degree or equivalent experience

2–5+ years of experience in the financial services industry, with at least 1–2 years of focus on market data acquisition and vendor management

Knowledge of major third-party market data vendors, exchanges, and the services they provide

Strong interpersonal, communication, and negotiation skills with proven ability to interact effectively with stakeholders at all levels, particularly trading and research staff in a fast-paced investment environment

Demonstrated ability to manage multiple priorities and deadlines

Team-oriented, collaborative approach to problem solving and relationship building

Benefits

MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)

Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider

Education Assistance: Tuition reimbursement up to $8,000 annually

Education Assistance: Access to discounted tutors and college coaches

Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves

Choice of medical and dental plans and an and an employer contribution into the Health Savings Account

Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)

Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

Company

MFS Investment Management

Glassdoor4.1

Massachusetts Financial Services Company is a privately owned investment manager. The firm also provides retirement planning, college It is a sub-organization of Sun Life U.S..

Founded in 1924

Boston, Massachusetts, USA

1001-5000 employees