Manager - Market Data Compliance & Assurance
Manager - Market Data Compliance & Assurance

Manager - Market Data Compliance & Assurance

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead audits to ensure compliance with market data policies and licensing agreements.
  • Company: CME Group is a top global derivatives marketplace, shaping industries and markets worldwide.
  • Benefits: Enjoy a full-time role with opportunities for growth, innovation, and collaboration in a diverse environment.
  • Why this job: Make a real impact on global markets while developing best practices in a dynamic team culture.
  • Qualifications: Experience in market data audits and strong analytical skills are essential; certifications like FIA or CPA preferred.
  • Other info: This is a mid-senior level position, perfect for those looking to advance their career in business development.

The predicted salary is between 36000 - 60000 £ per year.

The Audit Manager of Market Data Compliance and Assurance is crucial to the global governance of CME’s commercial market data business. The role involves executing market data audits across CME Group’s diverse customer base to ensure adherence to Market Data and Derived Data policies, proper licensing, and compliance with agreements. The successful candidate will ensure CME Group market data is used appropriately and will develop best practices for customer audits. Strong experience in conducting onsite and remote audits of financial institutions and vendors is essential.

Key Responsibilities

  • Implement customer compliance and audit programs to safeguard CME’s intellectual property, minimize revenue leakage, and enhance revenue recovery.
  • Prepare for audits by gathering relevant materials and coordinating with clients.
  • Communicate audit expectations and manage timelines effectively with clients.
  • Conduct onsite market data audits, analyzing data applications, inventory, and permissioning systems.
  • Present findings and insights to clients and internal stakeholders, including recommendations and potential liabilities.
  • Build and maintain relationships with internal teams and external clients to promote compliance and ensure smooth audit processes.

Skills and Software Requirements

  • Experience in Market Data audits or management, with knowledge of conducting remote and onsite audits.
  • Deep understanding of exchange, index provider, or information vendor data policies.
  • Experience in negotiating liabilities related to data policy violations.
  • Knowledge of global data vendors, investment banks, and trading platforms.
  • Ability to analyze, design, and improve processes with a focus on continuous improvement.
  • Certifications such as FIA or CPA are preferred.
  • Familiarity with Market Data Systems (e.g., LSEG DACS, Bloomberg B-Pipe) and inventory systems (e.g., MDM, INFOmatch, FITS).
  • Proficiency in Microsoft Office, especially Excel, and optionally Salesforce.

About CME Group

CME Group is the world’s leading derivatives marketplace, offering opportunities to impact global markets and industries. We value diversity and are an equal opportunity employer. We invest in your success and encourage innovation and collaboration.

Additional Information

  • Senior Level: Mid-Senior Level
  • Employment Type: Full-time
  • Job Function: Business Development and Sales

Manager - Market Data Compliance & Assurance employer: CME Group

CME Group is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration in the heart of the financial sector. With a strong commitment to employee growth, we provide comprehensive training and development opportunities, ensuring our team members thrive in their careers. Our inclusive culture values diversity and promotes a healthy work-life balance, making CME Group an ideal place for professionals seeking meaningful and rewarding employment in market data compliance.
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Contact Detail:

CME Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Manager - Market Data Compliance & Assurance

✨Tip Number 1

Familiarise yourself with the specific market data policies and compliance requirements relevant to CME Group. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the market data compliance field, especially those who have experience with CME Group or similar organisations. Engaging in conversations can provide insights into the company culture and expectations for the role.

✨Tip Number 3

Prepare to discuss your previous audit experiences in detail, particularly any challenges you faced and how you overcame them. This will showcase your problem-solving skills and ability to manage client relationships effectively.

✨Tip Number 4

Stay updated on industry trends and changes in market data compliance. Being knowledgeable about current events and advancements in the field will position you as a well-informed candidate during discussions.

We think you need these skills to ace Manager - Market Data Compliance & Assurance

Market Data Audit Experience
Knowledge of Data Policies
Onsite and Remote Audit Skills
Client Relationship Management
Data Analysis and Interpretation
Process Improvement
Negotiation Skills
Familiarity with Market Data Systems
Proficiency in Microsoft Excel
Understanding of Financial Institutions
Compliance Program Implementation
Communication Skills
Project Management
Attention to Detail
Certifications such as FIA or CPA

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Manager - Market Data Compliance & Assurance position. Tailor your application to highlight relevant experience in market data audits and compliance.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with onsite and remote audits, as well as your knowledge of market data policies. Use specific examples to demonstrate your skills in managing compliance and conducting audits.

Craft a Strong Cover Letter: Your cover letter should not only express your interest in the role but also outline how your background aligns with CME Group's needs. Mention any certifications like FIA or CPA, and your familiarity with market data systems.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a compliance role.

How to prepare for a job interview at CME Group

✨Know Your Market Data Policies

Familiarise yourself with the specific market data policies relevant to CME Group. Understanding these policies will not only help you answer questions confidently but also demonstrate your commitment to compliance and assurance.

✨Prepare for Audit Scenarios

Anticipate questions related to conducting audits, both onsite and remotely. Be ready to discuss your previous experiences, the challenges you faced, and how you overcame them. This will showcase your problem-solving skills and expertise in the field.

✨Highlight Relationship Management Skills

Emphasise your ability to build and maintain relationships with clients and internal teams. Share examples of how you've successfully managed client expectations during audits, as this is crucial for the role.

✨Showcase Continuous Improvement Mindset

Discuss your experience in analysing and improving processes. Provide examples of how you've implemented best practices in previous roles, as this aligns with the company's focus on enhancing revenue recovery and minimising leakage.

Manager - Market Data Compliance & Assurance
CME Group
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