Director, Data Management

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

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THE ROLE

The Director, Data Management is a key strategic role within the Enterprise Data Management team that will work collaboratively across the enterprise to ensure the effective management and administration of market data services. This role will continually assess business needs, financials, and the data / analytics market to determine the best options and sources of supply for external market data assets and their management within the organization. This role requires a deep understanding of market data management practices, data quality, data pipelines and compliance regulations.

In this role, the individual must be an effective change agent and be willing to partner with senior leadership within the business and technology teams to drive enduring changes to how the organization sources and manages 3rd party data and data exchange. Regularly interact with key technology and cross functional business leaders to balance cost, risk, and speed to market to ensure that the business can realize its goals and key objectives. The skills to influence and drive change, combined with the drive to deliver results, will enable the Director, Data Management to support the rapidly evolving use of external data and ensure seamless data flows and utilization.

WHAT WILL YOU DO

• Manage a team of market data analysts, responsible for the analysis, administration and budget tracking for enterprise-wide market data services.
• Primary point of contact and ownership of MFS Market Data Vendors.
• Develop and communicate a clear mission, vision, and guiding principles for the 3rd party market data function that aligns with and supports the Data, Technology and business strategies and ensures a high level of service from the vendors.
• Manage and maintain working relationships with external data and service providers through the data acquisition lifecycle (initial analysis to contract negotiations and throughout the ongoing relationship - including proper vendor oversight and management practices).
• Partners with enterprise stakeholders to develop and manage the annual enterprise market data budget.
• Working in conjunction with business partners, define and execute sourcing strategies for data assets, products, services, solutions, and digital platforms while maintaining alignment to business unit objectives and priorities. Maintain a working understanding of the market data products and services that are used by the business.
• In partnership with stakeholders, lead data sourcing initiatives and programs, including collaborative relationships with procurement, data governance and risk management teams and overall project management.
• Working closely with data governance, data engineering, data and information architects to establish the appropriate ingestion, storage, access, protection, and metering capabilities as determined by business units and corporate policy.
• Advance the organization's data acquisitions skills by leading the negotiations with new and existing vendors on terms, conditions, quality requirements, protections, and pricing tiers for the acquisition of new data assets. Conduct regular audits to verify data usage aligns with legal and contractual obligations.
• Driving the data sourcing strategy for MFS products, services, solutions, and transformation initiatives. Champion data quality, integrity, and data governance policies and procedures.
• Develop metrics and KPIs to measure the trends and effectiveness of third-party market data function. Regularly presents to Senior Management and the Management Committee on key metrics and KPIs.
• Continuously seek opportunities to optimize data processes and strategies.

WHAT ARE YOU LOOKING FOR

PREFERRED SKILLS, QUALIFICATIONS & EXPERIENCE

REQUIRED LICENSES / CERTIFICATIONS

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At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.

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