Market Data Specialist

The Market Data Team at IMC is responsible for overseeing the entire market data lifecycle. This includes sourcing new data sets, negotiating contracts, monitoring policies, and managing exchange reporting. We work closely with IMC trading and technical teams to ensure seamless, top-tier access to the data that underpins our trading strategies. The Market Data Specialist will be responsible for managing the European data catalog and maintaining relationships with data providers, while collaborating with IMC's global market data team to ensure alignment with our overarching market data policies.
Your Core Responsibilities:

• Own IMC day-to-day market data management functions, oversee the acquisition of real-time data and historical market data.
• Manage the contract administration & invoice reconciliation process and identify cost savings and optimization opportunities.
• Provide data-driven insights to trading and technology leads for relevant strategic initiatives.
• Stay up-to-date on market data trends, pricing models, and regulatory changes affecting the industry.
• Manage relationships with market data vendors and exchanges, negotiate contracts, monitor costs, and ensure service level agreements (SLAs) are met.
• Work with internal stakeholders and global market data team to collate ongoing data needs and identify access/entitlement requirements.
• In collaboration with the global market data team, lead contract negotiations with new data providers and support data governance globally.
• Identify savings and optimisation opportunities.
• Ensure market data management practices adhere to regulatory and compliance requirements.

Your Skills and Experience:

• Bachelor's or Master's degree in Finance, Economics, Computer Science, Engineering, or a related field.
• 3+ years of experience in market data management, trading support, or a related role in the financial industry.
• In-depth knowledge of market data vendor landscape and use case requirements/scoping, including but not limited to, delivery mechanisms, native versus normalized feed, non-display versus display data use cases, derived data rights, and data integrity.
• Understanding of contractual obligations related to exchange data including policy monitoring, reporting obligations, fee structures, and unit of count.
• Experience reviewing contractual agreements and negotiating commercial terms.
• Highly organized self-starter.
• Strong analytical capabilities; ability to synthesize and distil large quantities of data to extract spending trends and insights.
• Familiarity with market data management systems/inventory tools (desired).
• Ability to work under pressure in a fast-paced, high-stakes environment.
• Excellent communication skills and a team-oriented mindset.

About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.