DescriptionSenior Vice President Market Data Expense Efficiency Lead
Overview:
Jefferies is seeking to recruit a Market Data Expense expert to strengthen the Jefferies efficiency program. This function will report to the Global Controllers unit with a strong link into the Market Data team for planning executing and tracking firmwide key projects.
Responsibilities
- Implement standard MDS contract review framework to ensure cost optimization.
- Underwrite commercial terms & contracts pricing (New Renewals)
- Drive demand management & operational improvements of MDS
- Engage DataFeed owners to validate savings impact of Technology investments to optimize MDS consumption.
- Enhance Market Data Unit Cost Expense insights
- Create and agree standard MDS user profile (by business desk)
- Highlight exceptions and outliers vs standard profiles
- Partner with stakeholders to remedy expense outliers
- Service Comparison across MDS vendors
- Normalize services procured across vendors (invoice label grouping)
- Continuously highlight duplicate services procured (by business desk)
- Internal usage metrics
- Continuously identify opportunities to optimize demand (e.g. low users)
Qualifications:
- Bachelors degree or equivalent in a numerate or businessrelated discipline
- Strong working experience 10 years) involving data analysis reconciliation of large datasets and interpreting data
- Strong knowledge of Microsoft products (Excel Word PowerPoint Access).
- Strong knowledge of market data service providers awareness of business rationale for procuring and consuming market data
- Familiarity with Capital Markets instruments across Equities and Fixed Income (Stock Options Bonds Futures Swaps)
- Issue Management Articulation of issues and discrepancies in detailed manner capturing target fix dates and resolution comments from internal and external parties.
- Ability to drive the project Initiatives on your own. Plan and execute activities based on project milestones and independently manage communications.
Primary Location Full Time Salary Range of $225000 $300000
Required Experience:
Senior Exec