Market Data Specialist in London

Market Data Specialist in London

London Full-Time 60000 - 80000 ÂŁ / year (est.) No home office possible
Rathbone Brothers

At a Glance

  • Tasks: Lead market data management and optimise vendor relationships for cost savings.
  • Company: Join a leading investment firm focused on innovation and sustainability.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity to work with top-tier vendors and enhance your career in financial services.
  • Why this job: Make a real impact in transforming market data practices across the business.
  • Qualifications: Experience in vendor management and strong analytical skills required.

The predicted salary is between 60000 - 80000 ÂŁ per year.

The Market Data Manager will lead the management and optimisation of Rathbones’ external market data services and £10m+ annual budget. This new permanent role, reporting into the Data Analytics – Enablement team, combines strategic vendor management with delivery of a group-wide transformation programme to reduce costs, improve governance, and embed sustainable market data practices across the business. This is a senior individual contributor role with significant cross‑functional influence. The successful candidate will be expected to lead vendor negotiations, manage licensing compliance, and deliver a multi‑year improvement project while transitioning new capabilities into business‑as‑usual operations.

Role Outcomes

  • Lead the delivery of the Market Data Consolidation project, including vendor renegotiations, centralisation of feeds via the Enterprise Data Platform (EDP), and implementation of a Market Data Management (MDM) tool and data catalogue.
  • Manage strategic vendor relationships and lead contract negotiations with the “Big 6” providers and over 100 smaller suppliers.
  • Oversee the full market data budget, identifying and delivering cost savings through usage optimisation, contract consolidation, and improved governance.
  • Establish a centralised market data distribution model, ensuring consistent, timely access to data across the business.
  • Implement governance frameworks for licensing, usage, and entitlements, ensuring compliance with vendor agreements and exchange policies.
  • Act as the key liaison between business, technology, and compliance teams to align data services with operational and regulatory needs.
  • Provide project leadership for the transformation programme, coordinating cross‑functional delivery and ensuring successful transition to BAU.
  • Monitor and report on market data usage, entitlements, and spend, using analytics to drive continuous improvement and cost control.

Technical Skills

  • Deep knowledge of market data vendors, products, and licensing models (e.g. Bloomberg, Refinitiv, FactSet, FTSE, ICE, Morningstar).
  • Experience managing large‑scale vendor contracts and enterprise‑level negotiations.
  • Familiarity with market data compliance, licensing audits, and exchange rules.
  • Understanding of data integration platforms and enterprise data architecture (e.g. Snowflake, EDP).
  • Experience implementing MDM tools, data catalogues, and entitlement management systems (e.g. MDSL, FITS, DACS).
  • Strong analytical skills with the ability to interpret usage data and identify optimisation opportunities.
  • Knowledge of financial markets and instruments, including pricing, indices, analytics, and reference data.

Professional Skills

  • Strong stakeholder management and communication skills across business, technology, procurement, and compliance.
  • Proven leadership in delivering complex, cross‑functional programmes, including project planning, risk management, and stakeholder engagement.
  • Commercial mindset with a focus on cost control, value delivery, and ROI.
  • Organised and process‑oriented, with a focus on governance and operational excellence.
  • Experience in financial services, ideally within investment or wealth management.
  • Ability to operate independently while collaborating across teams to deliver strategic outcomes.

Market Data Specialist in London employer: Rathbone Brothers

Rathbones is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the financial services sector. With a strong focus on employee growth, we provide opportunities for professional development and leadership in managing significant market data projects. Our commitment to sustainable practices and cost optimisation ensures that you will play a vital role in shaping the future of our data services while enjoying a supportive culture that values your contributions.
Rathbone Brothers

Contact Detail:

Rathbone Brothers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Data Specialist in London

✨Tip Number 1

Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its market data practices. Show them you’re not just another candidate; you’re genuinely interested in how they operate and how you can contribute to their goals.

✨Tip Number 3

Practice your pitch! Be ready to explain how your skills align with their needs, especially around vendor management and cost optimisation. Confidence is key, so rehearse until it feels natural.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.

We think you need these skills to ace Market Data Specialist in London

Vendor Management
Contract Negotiation
Market Data Compliance
Data Integration Platforms
MDM Tools Implementation
Analytical Skills
Stakeholder Management
Project Leadership
Financial Markets Knowledge
Cost Control
Operational Excellence
Cross-Functional Collaboration
Governance Frameworks

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the Market Data Specialist role. Highlight your experience with vendor management, budget oversight, and any relevant tools you've used. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about market data and how you can contribute to our transformation programme. Be specific about your achievements and how they relate to the job description.

Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to include examples of how you've used analytics to drive improvements in past roles. We love seeing numbers and results, so don't hold back!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!

How to prepare for a job interview at Rathbone Brothers

✨Know Your Market Data Inside Out

Make sure you brush up on your knowledge of market data vendors and their products. Familiarise yourself with licensing models and compliance requirements, especially for the 'Big 6' providers. This will show that you're not just a candidate, but someone who understands the landscape.

✨Demonstrate Your Negotiation Skills

Prepare examples of past vendor negotiations you've led or been involved in. Highlight how you managed contracts and achieved cost savings. This is crucial for the role, so be ready to discuss your strategies and outcomes in detail.

✨Showcase Your Project Management Experience

Be ready to talk about complex projects you've managed, particularly those involving cross-functional teams. Discuss your approach to project planning, risk management, and how you ensured successful transitions to business-as-usual operations.

✨Communicate Like a Pro

Strong communication skills are key for this role. Practice articulating your thoughts clearly and confidently. Be prepared to explain how you've effectively engaged stakeholders across different departments, ensuring alignment on data services and operational needs.

Market Data Specialist in London
Rathbone Brothers
Location: London

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