Vice President, Market Data Services jobs in United States
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BlackRock · 1 day ago

Vice President, Market Data Services

BlackRock is a global investment manager committed to helping people experience financial well-being. The Vice President of Market Data Services will manage relationships with strategic data providers, focusing on data licensing, regulatory compliance, and fostering strong partnerships to support the firm's investment and risk management products.

Asset ManagementCrowdfundingFinancial ServicesFinTechReal Estate Investment

Responsibilities

Be the lead in developing deep relationships with major business units within BlackRock, BlackRock Global Markets, BlackRock Tech & Ops, all on a global basis. This will entail:
Developing relationships with senior (COO) colleagues in those groups to make sure IDS meets their needs
Working with IDS colleagues who own relationships with other business units (PMG, Aladdin, etc.) to make sure we have a consistent message to those business units, and we are sharing best practices on how IDS best serves those businesses
Working with those business units to develop data strategies so they are best prepared to meet their immediate and long-term objectives
Understanding the legal underpinnings of our relationships with strategic vendor partners and be able to convey those to senior management
Working with other members of the IDS team to ensure consistency across IDS in implementing best practices and working with senior members of the IDS team to implement streamlined processes, especially as it involves the potential use of AI from vendors. Developing deep, constructive relationships with our key market data partners by building mutually beneficial commercial engagements. You will be a key resource in managing those relationships and will be responsible for ensuring they are mutually productive
Partnering closely with our Legal team and senior management to ensure contracts with our market data providers include favorable terms at the lowest risk and optimal cost
Holding market data providers accountable for service delivery according to agreed expectations
Negotiating and driving to conclusion the market data contract process with providers ensuring relevant business needs are covered and fees are clearly documented
Monitoring upcoming contract renewals and expirations
Understanding the fast-changing regulatory landscape as it applies to market data and be an active member of internal BlackRock committees that interpret how those regulations will affect BlackRock and our clients

Qualification

Data provider relationship managementCommercial negotiationsData licensingFinancial services knowledgeMarket data understandingWillingness to learnCommunication skillsOrganizational skills

Required

Bachelor's degree preferably in finance, business, economics or related area
Minimum of 7 years of data provider relationship management & contracting experience
Exposure to previous strategic market data provider licensing issues would be an advantage

Preferred

Knowledge of the financial services industry
Experience in commercial negotiations, data licensing and provider partnerships
Deep understanding of the market data/index and portfolio risk landscape and providers
Experience with index, ratings and other core data providers
Knowledge of provider risk management frameworks, processes and tools
Willingness to learn and contribute is essential

Benefits

Annual discretionary bonus
Healthcare
Leave benefits
Retirement benefits
Strong retirement plan
Tuition reimbursement
Comprehensive healthcare
Support for working parents
Flexible Time Off (FTO)

Company

BlackRock

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BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors.

Funding

Current Stage
Public Company
Total Funding
$6.59B
Key Investors
Ariel Yehezkel
2025-06-20Post Ipo Equity· $0.02M
2025-03-27Post Ipo Debt· $1.08B
2024-07-17Post Ipo Debt· $2.5B

Leadership Team

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Andrew Leba
Vice President & Legal Counsel
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Mike Strug
Vice President
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Company data provided by crunchbase