Market Data Expense Efficiency Lead
Overview:
Jefferies is seeking to recruit a Market Data Expense Analyst to LEAD ongoing initiatives 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 Data-Feed 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:
- Bachelor’s degree or equivalent in a numerate or business-related discipline
- Strong working experience (5 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)
