What are the responsibilities and job description for the SVP, Market Data Expense Efficiency Lead position at Jefferies & Company, Inc.?
Senior Vice President, Market Data Expense Efficiency Lead
Overview:
Jefferies is seeking to recruit a Market Data Expense expert 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 (10 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 $225,000 - $300,000
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.
Salary : $225,000 - $300,000
