Firmwide Market Data Specialist

The D. E. Shaw Group

• $140K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required, with 1-4 years in data management, financial services, or related field.
  • Strong interest in data's role in investment and research processes.
  • Detail-oriented with excellent organizational capabilities.
  • Demonstrated work ethic, ownership of responsibilities, and follow-through skills.
  • Ability to foster collaboration with diverse internal stakeholders and clear communication across teams.
  • Professionalism in vendor interactions, with a commercially aware mindset.
  • Interest in the underlying technical infrastructure for data management.

Responsibilities

  • Manage workflows throughout the data life cycle, ensuring legal compliance and vendor relationship management.
  • Identify and propose data sources to support business goals and research needs.
  • Negotiate vendor contracts while building and maintaining strong relationships.
  • Coordinate with legal and compliance for timely access and address related inquiries.
  • Keep precise records of subscriptions and vendor interactions to preserve knowledge.
  • Analyze data usage to identify opportunities for subscription consolidation and cost optimization.
  • Collaborate with cross-functional teams to address data-related challenges and prioritize needs.

Benefits

  • Medical and prescription drug coverage.
  • 401(k) contribution matching.
  • Wellness reimbursement program.
  • Family building benefits.
  • Charitable gift match program.
Full Job Description
What you'll do day-to-day

  • Manage workflows across the data life cycle, including sourcing, legal and compliance coordination, vendor relationship management, and collection of stakeholder feedback.
  • Identify data sources that support business goals and research needs, proactively sharing opportunities and advising investment professionals on potential solutions.
  • Negotiate commercial terms while maintaining strong vendor relationships.
  • Partner with legal and compliance colleagues to facilitate timely, compliant access to data and serve as a point of contact for related questions.
  • Maintain accurate records of subscriptions, entitlements, contracts, and vendor interactions in accordance with internal standards and to preserve institutional knowledge.
  • Analyze data usage, costs, and business utility to identify opportunities to consolidate subscriptions, improve adoption, and inform renewal decisions.
  • Maintain audit readiness and responsibility for audit coordination.
  • Collaborate with colleagues across regions and functions to resolve data-related issues, assess needs, and establish priorities.


What we're looking for

  • A bachelor's degree and one to four years of experience in data management, financial services, research, operations, data suppliers, or a related field.
  • Interest in how data is used within investment, research, or business processes, with the aptitude to learn technical concepts.
  • Keen attention to detail, organizational skills, and the ability to manage recurring operational tasks with consistency and accuracy.
  • Demonstrated work ethic, follow-through, and willingness to take ownership of assigned responsibilities.
  • Ability to collaborate effectively with a wide range of internal stakeholders and communicate clearly across teams.
  • Professionalism and sound judgment in working with external vendors, with a practical and commercially aware approach to identifying opportunities.
  • Interest in the technical infrastructure supporting data management, even if coming from a less technical background.
  • Familiarity with financial markets, banking, research environments, or publicly traded data companies is a plus.
  • Exposure to legal, compliance, audit, procurement, or vendor-management workflows is helpful but not required.
  • The expected annual base salary for this position is $140,000 to $180,000. Our compensation and benefits package includes variable compensation in the form of a year-end bonus, guaranteed in the first year of hire, and benefits including medical and prescription drug coverage, 401(k) contribution matching, wellness reimbursement, family building benefits, and a charitable gift match program.


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