Job Description
Vice President, 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.
Position holder will be familiar with Market Data expense category for Capital Markets and Investment banking businesses.
- This includes a broad overview of market data service providers, basic rationale for why businesses demand and procure market data.
Successful candidates will act as a trusted business partner across a variety of tasks including In-depth Data Analysis, Project Management and Stakeholder engagement working with groups that comprise Business Unit Owners, Operations, and Controller divisions
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 outlier
- 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)
- 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 $130,000 - $170,000
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.
About Us
Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.
At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.
