MDS - Analyst

Invesco Ltd. • Houston, TX

9d • Hybrid

About The Position

Provide operational and administrative support for Market Data Services activities, including invoice processing, vendor administration, contract tracking, inventory management, and financial reporting. Support business partners and the Market Data Services team by helping maintain accurate records, ensuring process compliance, and contributing to cost management and data governance initiatives.

Requirements

• 1-3 years of experience in financial services, market data, procurement, operations, vendor management, or a related field.
• Knowledge of investment management or financial markets is preferred.
• Familiarity with invoice processing, financial reporting, or operational support activities.
• Exposure to vendor management, contract administration, or procurement processes is beneficial.
• Experience working with inventory management or workflow tools is preferred.
• Familiarity with market data vendors such as Bloomberg, FactSet, Morningstar, LSEG (Refinitiv), exchanges, rating agencies, or research providers is advantageous.
• Knowledge of Optimize Spend (F.I.T.S.).

Responsibilities

• Maintain accurate and up-to-date market data inventory records within Optimize Spend (F.I.T.S.), ensuring alignment with contractual terms and business usage.
• Provide administrative support across all Market Data Services processes.
• Maintain process documentation for invoice processing, pricing updates, and related workflows.
• Perform routine data quality reviews and assist in resolving inventory discrepancies.
• Support periodic audits and inventory reconciliation activities.
• Review and validate vendor invoices against approved pricing schedules and contractual terms.
• Investigate invoice discrepancies and coordinate with vendors and internal stakeholders to facilitate resolution.
• Support accurate allocation of market data costs across internal business units.
• Assist with budgeting, forecasting, and spend reporting activities.
• Maintain records related to invoice approvals, accruals, and financial reporting requirements.
• Support vendor management activities for existing services and procurement of new market data products.
• Assist with contract review, renewal, and amendment processes.
• Coordinate contract workflows through Legal, Compliance, Procurement, and other internal stakeholders.
• Respond to vendor billing inquiries and assist with service-related administrative requests.
• Maintain contract records and support ongoing compliance monitoring activities.
• Process new market data service requests and workflow activities through ServiceNow.
• Coordinate with Technology Product and Support teams to facilitate user onboarding and service setup.
• Support business partners with market data access requests, entitlements, and general inquiries.
• Assist in ensuring adherence to market data policies, procedures, and usage guidelines.
• Escalate complex issues to senior team members as appropriate.

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

What This Job Offers

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