FAQs
What are the key responsibilities of a Market Data Analyst in this role?
The key responsibilities include managing data quality controls, collaborating with Risk for validation processes, providing operational support for market data requirements, contributing to referential data development, and ensuring data management deliverables meet established timelines.
What skills are required for this position?
Required skills include proficiency in Python and SQL, knowledge of anomaly detection and quality control algorithms, effective time management, strong communication skills, and experience with issue tracking software such as JIRA or Azure DevOps.
Is prior experience in the financial industry necessary for this role?
Yes, experience working in the financial industry or a regulated environment is preferred.
What types of data sources will the Market Data Analyst be involved with?
The analyst will work with a variety of market data providers such as Bloomberg, Refinitiv, and CME, as well as internal data requirements related to curve governance and reference data.
How does this role interact with Data Ops teams?
The Market Data Analyst collaborates with Data Ops teams to identify opportunities for process efficiencies, monitor quality, and provide feedback on relevant issues to improve data services and operational processes.
What kind of documentation is expected to be maintained by a Market Data Analyst?
The analyst is expected to create and maintain precise documentation, including the Reference data and business glossary, to ensure consistency and clarity.
Will the analyst be responsible for onboarding new data sources?
Yes, the analyst will support the onboarding of new data sources and processors and apply corrective interventions where necessary.
What tools or technologies should the Market Data Analyst be familiar with?
Familiarity with enterprise data management systems, issue tracking software like JIRA or Azure DevOps, and proficiency in data analysis tools such as Python and SQL are essential.
What is the nature of the work environment for this position?
The work environment is likely to be dynamic and collaborative, requiring teamwork with various departments, including Risk, Data Ops, and the business sector.
How important is communication in this role?
Communication is very important in this role, as the Market Data Analyst needs to effectively communicate with internal clients, provide clear documentation, and collaborate across teams to address data requirements and issues.