What are the responsibilities and job description for the Market Data Manager position at Selby Jennings?
Market Data Manager
A leading high-frequency trading firm is hiring a Market Data Manager to establish and lead its U.S. presence within the Market Data Group. As the team’s first U.S.-based hire, you will define the regional market data strategy, foster partnerships with key providers, and integrate data solutions across various internal departments.
Responsibilities:
- Design and implement strategies for managing U.S. market data operations, balancing day-to-day management with long-term planning.
- Drive market data initiatives that align with the firm’s objectives and trading goals.
- Research, acquire, and deploy external data sets that enhance trading strategies, ensuring measurable contributions to performance outcomes.
- Serve as a technical expert, advising on market data systems and their applications.
- Establish and nurture relationships with market data vendors, exchanges, and other external partners.
- Guide and support junior team members by providing training and mentorship on market data tools and concepts.
- Work closely with trading, compliance, and IT teams to ensure consistent integration of market data solutions across the organization.
- Monitor compliance with regulatory requirements and internal policies, ensuring responsible use of market data.
- Develop frameworks to enhance data governance and ensure high-quality data management practices.
Qualifications:
- A minimum of 10 years of experience in market data roles.
- Extensive knowledge of financial markets and the role of market data in driving trading success.
- Expertise in both conventional and alternative data sources, including pricing, reference data, security master data, and derivatives.
- Strong familiarity with high-frequency trading environments and the integration of market data into these systems.
- Proven track record of managing market data platforms and operational workflows.
- Skilled in building and maintaining vendor and exchange partnerships.
- Deep understanding of data compliance regulations and exchange policies, with the ability to implement best practices.
Salary : $350,000 - $450,000
