Hydrogen Group
City, London
13/03/2026
Full time
This is a senior individual contributor role with significant cross-functional influence. The successful candidate will be expected to lead vendor negotiations, manage licensing compliance, and deliver a multi-year improvement project, while transitioning new capabilities into business-as-usual operations. Role Outcomes Lead the delivery of the Market Data Consolidation project, including vendor renegotiations, centralisation of feeds via the Enterprise Data Platform (EDP), and implementation of a Market Data Management (MDM) tool and data catalogue. Manage strategic vendor relationships and lead contract negotiations with the "Big 6" providers and over 100 smaller suppliers. Oversee the full market data budget, identifying and delivering cost savings through usage optimisation, contract consolidation, and improved governance. Establish a centralised market data distribution model, ensuring consistent, timely access to data across the business. Perform detailed feed-level analysis across vendors, comparing coverage, timeliness, granularity, and cost to identify duplication, gaps, and consolidation opportunities across pricing, reference, index, and analytics data. Use SQL and data analytics to interrogate market data usage, lineage, and consumption patterns within Snowflake/EDP, identifying optimisation opportunities and unused or overlapping entitlements. Identify synergies and rationalisation opportunities between market data feeds, platforms, and downstream consumers, driving simplification of the market data landscape. Implement governance frameworks for licensing, usage, and entitlements, ensuring compliance with vendor agreements and exchange policies. Act as the key liaison between business, technology, and compliance teams to align data services with operational and regulatory needs. Provide project leadership for the transformation programme, coordinating cross-functional delivery and ensuring successful transition to BAU. Monitor and report on market data usage, entitlements, and spend, using analytics to drive continuous improvement and cost control. Technical Skills Deep knowledge of market data vendors, products, and licensing models (eg Bloomberg, Refinitiv, FactSet, FTSE, ICE, Morningstar). Experience managing large-scale vendor contracts and enterprise-level negotiations. Familiarity with market data compliance, licensing audits, and exchange rules. Understanding of data integration platforms and enterprise data architecture (eg Snowflake, EDP). Experience implementing MDM tools, data catalogues, and entitlement management systems (eg MDSL, FITS, DACS). Strong analytical skills with the ability to interpret usage data and identify optimisation opportunities. Knowledge of financial markets and instruments, including pricing, indices, analytics, and reference data. Strong SQL skills with hands-on experience analysing large-scale market data sets in cloud data platforms (eg Snowflake), including usage, coverage, and cost attribution. Proven experience in market data feed comparison and consolidation, including identification of overlapping datasets, coverage gaps, and vendor substitution opportunities. Hands-on knowledge of market data consolidation programmes, including central ingestion, normalisation, entitlement mapping, and downstream distribution. Experience leveraging AI/advanced analytics to enhance market data governance, including automated data classification, usage pattern detection, anomaly identification, and cost optimisation insights. Understanding of data lineage, metadata, and data quality controls as applied to market data within enterprise data platforms. Professional Skills Strong stakeholder management and communication skills across business, technology, procurement, and compliance. Proven leadership in delivering complex, cross-functional programmes, including project planning, risk management, and stakeholder engagement. Commercial mindset with a focus on cost control, value delivery, and ROI. Organised and process-oriented, with a focus on governance and operational excellence. Experience in financial services, ideally within investment or wealth management. Ability to operate independently while collaborating across teams to deliver strategic outcomes.