Market Data Strategist

Tower Research Capital • New York, NY

10d • $120,000 - $170,000 • Hybrid

About The Position

As a Market Data Strategist within Tower Research Capital's Data Strategy group, you will be responsible for identifying, sourcing, and increasing the overall awareness and effectiveness of external datasets used in the firm's trading environment. This role specifically focuses on exchange data and core market data, encompassing responsibilities in licensing, reporting, controls, and account management.

Requirements

• A detailed knowledge of the language and structure of market data policies with a focus on unit of count and derived data
• A solid understanding of market data pricing models and metrics with the ability to provide alternative sourcing and contracting options
• Familiarity with global vendor platforms, products, entitlement systems such as VBD, BPIPE, EMRS, and DACS, and inventory management systems such as FITS and MDM
• Experience working with and seeing market data audits through from inception to completion
• A proven self-starter who can work independently and within a team while effectively managing multiple priorities
• Strong strategic thinker and problem solver with attention to detail
• Reliable and predictable partner who can be counted on by team members, senior staff, and external counterparties
• Relevant experience at a top buy-side (hedge fund, prop trading firm) institution

Responsibilities

• Work with global exchanges, index providers, and market data vendors to review and negotiate contracts including commercials and usage rights
• Monitor the inbound flow of exchange and vendor notifications to assess their impact to Tower and triage accordingly
• Engage with internal stakeholders including members of Trading and Engineering to define and support new and existing use cases
• Design and implement robust data strategies and governance policies that align with business objectives, including identifying key market trends, analyzing competitor data, and guiding decision-making
• Manage exchange usage and reporting, audits, and compliance of market data

Benefits

• Generous paid time off policies
• Savings plans and other financial wellness tools available in each region
• Hybrid working opportunities
• Free breakfast, lunch, and snacks daily
• In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
• Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
• Volunteer opportunities and charitable giving
• Social events, happy hours, treats and celebrations throughout the year
• Workshops and continuous learning opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed