We are partnering with a leading Financial Institution's Capital Markets division to find a dedicated Market Data Associate to join a highly specialized and vital team in Toronto. This permanent, front-facing role involves administering the critical market intelligence used across the Capital Markets unit, handling the vast majority of the firm's market data resources. You will be the primary liaison between internal trading and back-office teams and external data vendors, ensuring cost-efficient data access, compliance, and strategic alignment with global business objectives.
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Advantages
•Capital Markets Focus: Work directly within a major financial institution's Capital Markets arm, gaining deep insight into front-to-back office operations.
•Strategic Impact: Directly contribute to cost savings and optimization goals through contract negotiation and vendor rationalization.
•Specialized Expertise: Become a Subject Matter Expert (SME) in data entitlements, usage policies, and industry trends, a niche skill set highly valued within the financial industry.
Responsibilities
The Associate will be responsible for the full lifecycle management of market data resources:
Contract Management & Cost Control
•Timely manage all market data-related contracts.
•Negotiate optimal terms and fees to achieve savings and cost avoidance goals.
•Drive cost optimization initiatives through vendor rationalization, contract restructuring, and usage audits.
Business Support & Vendor Engagement
•Act as a primary communication point for internal managers and external market data suppliers.
•Provide tailored market data solutions to all levels of the business, from the front office to the back office.
•Manage supplier relationships by engaging regularly to review requirements, issues, and changes.
•Ensure all market data suppliers adhere to the firm's supplier management standards and business continuity requirements, coordinating with Legal, Finance, and Risk teams.
Product Research & Industry Intelligence
•Seek out new market data sources and solutions to meet evolving business needs.
•Research industry trends and provide guidance on alternative services or regulatory changes impacting market data (familiarity with data providers like S&P is beneficial).
•Participate in industry forums and evaluate new market data products to provide strategic recommendations for the Enterprise.
Analytics & Reporting
•Produce ad-hoc and recurring detailed reports and presentation decks.
•Provide value-added commentary and analysis on market data spend, trends, and key updates to senior stakeholders.
Qualifications
•Experience: Candidates must possess relevant experience in the Capital Markets industry.
•Technical Knowledge: Familiarity with market intelligence, research, and data from major providers.
•Communication: Exceptional communication skills are a must-have, as the role involves heavy interaction with both vendors and internal business managers.
•Soft Skills: Ability to negotiate, influence, and operate as a subject matter expert in a client-facing capacity.
•Education: Undergraduate degree required.
Summary
This is a permanent opportunity within the Capital Markets division of a major financial institution for a Market Data Associate with proven Capital Markets experience. If you are a high-potential talent eager to become a market data SME, drive multi-million dollar savings through negotiation, and thrive in a strategic, front-facing role, we encourage you to apply immediately.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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We are partnering with a leading Financial Institution's Capital Markets division to find a dedicated Market Data Associate to join a highly specialized and vital team in Toronto. This permanent, front-facing role involves administering the critical market intelligence used across the Capital Markets unit, handling the vast majority of the firm's market data resources. You will be the primary liaison between internal trading and back-office teams and external data vendors, ensuring cost-efficient data access, compliance, and strategic alignment with global business objectives.
Advantages
•Capital Markets Focus: Work directly within a major financial institution's Capital Markets arm, gaining deep insight into front-to-back office operations.
•Strategic Impact: Directly contribute to cost savings and optimization goals through contract negotiation and vendor rationalization.
•Specialized Expertise: Become a Subject Matter Expert (SME) in data entitlements, usage policies, and industry trends, a niche skill set highly valued within the financial industry.
Responsibilities
The Associate will be responsible for the full lifecycle management of market data resources:
...
Contract Management & Cost Control
•Timely manage all market data-related contracts.
•Negotiate optimal terms and fees to achieve savings and cost avoidance goals.
•Drive cost optimization initiatives through vendor rationalization, contract restructuring, and usage audits.
Business Support & Vendor Engagement
•Act as a primary communication point for internal managers and external market data suppliers.
•Provide tailored market data solutions to all levels of the business, from the front office to the back office.
•Manage supplier relationships by engaging regularly to review requirements, issues, and changes.
•Ensure all market data suppliers adhere to the firm's supplier management standards and business continuity requirements, coordinating with Legal, Finance, and Risk teams.
Product Research & Industry Intelligence
•Seek out new market data sources and solutions to meet evolving business needs.
•Research industry trends and provide guidance on alternative services or regulatory changes impacting market data (familiarity with data providers like S&P is beneficial).
•Participate in industry forums and evaluate new market data products to provide strategic recommendations for the Enterprise.
Analytics & Reporting
•Produce ad-hoc and recurring detailed reports and presentation decks.
•Provide value-added commentary and analysis on market data spend, trends, and key updates to senior stakeholders.
Qualifications
•Experience: Candidates must possess relevant experience in the Capital Markets industry.
•Technical Knowledge: Familiarity with market intelligence, research, and data from major providers.
•Communication: Exceptional communication skills are a must-have, as the role involves heavy interaction with both vendors and internal business managers.
•Soft Skills: Ability to negotiate, influence, and operate as a subject matter expert in a client-facing capacity.
•Education: Undergraduate degree required.
Summary
This is a permanent opportunity within the Capital Markets division of a major financial institution for a Market Data Associate with proven Capital Markets experience. If you are a high-potential talent eager to become a market data SME, drive multi-million dollar savings through negotiation, and thrive in a strategic, front-facing role, we encourage you to apply immediately.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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