The PositionThe Lead, Market Data Services will be a strategic leader within Wellington Management's Market Data Services team. This role is responsible for driving the delivery of high-impact, cost-effective market data solutions while ensuring operational excellence and compliance. The ideal candidate will bring deep expertise in market data management, strong vendor negotiation skills, and the ability to lead cross-functional initiatives that align with the firm's business priorities.
Responsibilities- Lead the execution and continuous improvement of the firm's market data program ensuring alignment with business needs.
- Oversee the full lifecycle of market data changes including onboarding, renewals, cancellations, and modifications, ensuring minimal disruption and maximum value.
- Manage inventory systems and invoice workflows with precision, ensuring accuracy, timeliness, and compliance with budgetary targets.
- Own relationships with key market data providers, lead contract negotiations, and monitor vendor performance to ensure service quality and value.
- Ensure accurate reporting of exchange data usage in accordance with licensing agreements and regulatory requirements.
- Serve as a key point of contact for investment teams and business units, providing expert guidance and support for market data needs.
- Maintain and improve systems such as Optimize Spend (FITS) and ServiceNow to support workflow efficiency and data integrity.
- Contribute to the annual budgeting process through detailed usage analysis, cost forecasting, and strategic recommendations.
- Promote effective use of market data tools through user training and support, driving adoption and maximizing ROI.
Qualifications- Bachelor's degree in Business Administration, Information Systems, Computer Science, Statistics, or a related field of study
- Deep financial and market data services expertise with demonstrated leadership in managing complex vendor relationships.
- Strong knowledge of market data vendors (e.g., Bloomberg, FactSet, LSEG, ICE) and licensing structures; familiarity with exchange rules and reporting requirements.
- Prior experience with Optimize Spend strongly preferred. Experience with Power BI, Tableau and ServiceNow is a plus.
- Excellent verbal and written communication skills with the ability to influence stakeholders and bridge business and technical needs.
- Proven ability to lead initiatives, drive process improvements, and collaborate across departments in a fast-paced environment.
- High attention to detail with a disciplined approach to data management and operational execution.
- Proactive and resourceful with a strong commitment to continuous improvement and delivering high-quality outcomes.
- Experience with soft dollar regulations and procedures a plus
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.
At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 90,000 - 180,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)
We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.
