Market Data - Sr Specialist

Market Data - Sr Specialist page is loaded## Market Data - Sr Specialist locations:
Boston time type:
Full time posted on:
Posted Todayjob requisition :
MFS-231426

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.
** THE ROLE
** The Market Data Sr. Analyst is responsible for supporting MFS in the acquisition, management, and optimization of third-party market data to enable portfolio management, trading, operations, compliance, risk, performance, and client reporting functions.

The role provides exposure to data users across the organization and requires relationship management with external data providers, procurement, and governance functions. This position offers a unique opportunity to learn and contribute to all aspects of investment management through the lens of market data.
** WHAT YOU WILL DO
**** Vendor Lifecycle Management
*** Assist in managing the vendor lifecycle from initial request and onboarding through negotiations, legal review, and contract execution.
* Administer contract renewals, ensuring timeliness and alignment with business needs.
* Maintain exchange reporting and audits, ensuring compliance with licensing requirements.
** Stakeholder Engagement & Collaboration
*** Collaborate with portfolio management, trading, research, operations, and other business partners to document business needs and align them with vendor services.
* Educate data users on contractual rights and restrictions to ensure compliance with usage terms.
* Partner with procurement, legal, risk, and compliance to ensure appropriate governance and due diligence across all contractual engagements.
** Operational Management
*** Maintain the vendor inventory system, ensuring contracts, entitlements, and pricing information are accurate and current.
* Develop and deliver a monthly reporting schedule for stakeholders to provide transparency into market data spend and usage.
* Manage workflow allocation through JIRA and generate dashboards to track activity and progress.
** Strategic Initiatives & Continuous Improvement
*** Engage in strategic initiatives to improve the investment and data lifecycle, with a focus on cost efficiency and value creation.
* Document and update internal procedures to ensure consistency with best practices.
* Track and document cost savings, avoidance, and budget headwinds, aligning reporting with the overall market data budget.
** WHAT WE ARE LOOKING FOR
*** Bachelor’s degree or equivalent experience.
* 2–5+ years of experience in the financial services industry, with at least 1–2 years of focus on market data acquisition and vendor management.
* Knowledge of major third-party market data vendors, exchanges, and the services they provide.
* Strong interpersonal, communication, and negotiation skills with proven ability to interact effectively with stakeholders at all levels, particularly trading and research staff in a fast-paced investment environment.
* Demonstrated ability to manage multiple priorities and deadlines.
* Team-oriented, collaborative approach to problem solving and relationship building.#LI-MBBase Salary Range: $76,500.00 - $This position is eligible for competitive incentive bonus. At MFS, we believe in fair and transparent compensation. For that reason, we’re including the salary range for this position. This range reflects our good-faith expectation for what we’ll pay depending on the candidate’s experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance.

Other components of our Total Rewards Package include:
* MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company
-sponsored 401(k)
* Education Assistance: MFS…