Market Data Entitlements & Operations Analyst

Millennium•New York, NY

3d•$70,000 - $160,000

About The Position

Millennium is a global, diversified alternative investment firm founded in 1989. The Market Data team oversees firm-wide market data operations and management within Operations & Middle Office, partnering with Technology, Trading, Operations, Compliance, Procurement, Finance, business stakeholders, and external vendors to support access management, audits, renewals, reporting, and cost optimization. The Market Data Entitlements & Operations Analyst manages user access to real-time market data services across internal applications and external vendor platforms. The role administers Bloomberg Terminal entitlements and coordinates access to vendor, exchange, research, pricing, analytics, and data-feed platforms. It applies entitlement policies and licensing controls, maintains auditable records, investigates access and data issues, performs periodic reviews, and supports vendor administration, reporting, audits, and process improvements. The estimated base salary range for this position is $70,000 to $160,000 for New York. Millennium describes total compensation as including base salary, a discretionary performance bonus, and comprehensive benefits; the specific benefits are not listed.

Requirements

3–7 years of experience in financial services, preferably in market data, operations, vendor management, access administration, trading support, entitlements, or a related control function.
Bachelor’s degree in Finance, Business, Information Systems, Economics, or a related field; equivalent relevant experience will be considered.
Familiarity with real-time versus delayed market data, financial market data products, vendors, exchanges, licensing terms, data-use controls, and entitlement-management processes.
Strong attention to detail and the ability to manage high-volume, time-sensitive operational work accurately and within defined controls.
Strong analytical and problem-solving skills, including reconciling data, investigating discrepancies, identifying root causes, and implementing durable solutions.
Proficiency with Excel and operational tracking and reporting tools; comfort with ticketing systems, structured workflows, and documented approval processes.
Excellent written and verbal communication skills, sound judgment and discretion with sensitive information, a client-service mindset, and a strong sense of ownership and control.

Nice To Haves

Experience with Bloomberg Terminal administration or entitlement management; familiarity with Bloomberg user and account workflows is strongly preferred.

Responsibilities

Process, provision, modify, transfer, and remove user access to real-time market data services across internal applications and external vendor platforms in accordance with established service levels.
Administer Bloomberg Terminal entitlements and related user-access activities, including onboarding, offboarding, account and profile maintenance, permission changes, and issue resolution.
Coordinate access for market data vendors, exchanges, research platforms, pricing services, analytics tools, and data feeds, including LSEG/Refinitiv, FactSet, ICE, S&P Global, Morningstar, CME, Nasdaq, and NYSE.
Apply approved entitlement policies, business justifications, licensing terms, and access-control standards, verifying required approvals before granting or changing access.
Maintain accurate, complete, and auditable records of entitlements, approvals, exchange agreements, user populations, licensing documentation, costs, and vendor account details.
Triage and resolve entitlement incidents, access failures, permission issues, data discrepancies, and vendor service requests, and provide timely updates to users and stakeholders.
Perform periodic entitlement reviews and reconciliations to identify inactive users, duplicate services, inappropriate access, unused licenses, and potential non-compliance.
Escalate licensing, unauthorized-use, data-sharing, redistribution, derived-data, and access-control concerns to Market Data Management, Compliance, Legal, or other stakeholders.
Support vendor onboarding and offboarding, renewals, usage reporting, invoice validation, cost allocation, and audits.
Build reporting and dashboards; improve entitlement workflows through standardization, documentation, and automation; and maintain process documentation and control evidence.