Market Data Vendor Analyst

Fidelity Investments

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree or equivalent experience
  • 3-5 years in market data or financial services
  • Knowledge of accrual methodologies and accounting principles
  • Experience with general ledger and cost center balancing
  • Strong proficiency in Excel for data management

Responsibilities

  • Manage market data expenses and vendor oversight
  • Maintain and reconcile market data inventory
  • Process vendor invoices and resolve discrepancies
  • Fulfill user and service requests efficiently
  • Collaborate with internal partners for smooth operations

Benefits

  • Opportunity to build valuable relationships across departments
  • Involvement in cross-team initiatives and audits
  • High-level exposure to market data management
  • Competitive workplace culture emphasizing accuracy and detail
  • Growth opportunities within a leading financial services firm
Full Job Description

Job Description:

The Role

As aMarket Data Vendor Analyst, you will play a key role in efficiently maintaining and leading all aspects of market data expenses and provide oversight for market data and research vendors. This role provides high-level administration of market data inventory, reconcile, and process vendor invoices; investigate and resolve discrepancies, daily processing of user and service requests, and ad hoc reporting requests. While the area of focus is on inventory management you will also build positive relationships with internal business partners across Fidelity, work with your peers, in corporate accounts payable, finance, and participate in internal and external audit reviews, and various cross team initiatives.

The Expertise and Skills You Bring
  • BA/BS or equivalent experience
  • 3 - 5 years market data industry experience and/or financial services experience is a plus
  • Understand the concept of accrual methodologies and accounting principles
  • Experience balancing general ledgers and cost center expenses
  • Prepare and communicate purchase orders funding requests and vendor set-up forms
  • Exceptional accuracy and attention to detail; with the ability to understand and meet quality control standards, detect errors, and take corrective action
  • Strong written and verbal communication, with the ability to communicate with confidence, share ideas, manage multiple responsibilities and able to prioritize tasks
  • Innovative and creative approach to understanding and implementing complex concepts and data
  • Ability to effectively respond to dynamically changing work environments
  • Database Management experience using Workday, inventory databases or data tracking systems where expenses, users or services are stored (ex. invoice payment/expense tracking systems)
  • Advance excel experience with exporting data, use of pivot tables and formulas (v-lookups, h-lookups, pivots, embedding functions). Tactical use of excel for data reconciliations.
  • Critical thinking skills that allow for problem solving, managing vendors independently, and analyzing data to draw meaningful conclusions (analytical skills)
  • Note: Fidelitywill not provide immigration sponsorship forthis position.

The Team

Research & Market Data Administration team sits within the FFIO unit of Asset Management and provides high-quality, oversight of enterprise market data across Fidelity. The teams primary goal is to ensure the market data inventory management databaseis accurate, that invoices, and service access requests are processed in good order, and that financial data is accurately maintained and distributed to all business partners.

Fidelitys Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.


Certifications:

Category:

Procurement

Similar Jobs

More Jobs at Fidelity Investments

More Finance & Insurance Jobs

Find similar Market Data Vendor Analyst jobs: