Manager, Market Data

The Role

Fidelity’s Investment Information Services (IIS) team is looking for a Market Data Manager (MDM) Manager to lead our Market Data Analyst team and manage the market data needs of Asset Management investment professionals, and the broader Fidelity community.  This role is essential in supporting Asset Management professionals and ensuring our market data solutions deliver maximum value across the organization.

The MDM is responsible for overseeing the accelerated evaluation of new market data vendor offerings to determine if the content is highly valued, redundant, complementary, or not required in our environment.   Moreover, once the services are acquired in a timely and cost-efficient manner, the MDM is responsible for ensuring the content is leveraged, promoted and utilized across the organization. Additionally, the MDM is responsible for day-to-day oversight of the Fidelity market data spend analysis.  Finally, the MDM frequently plays a key role on special strategic projects by contributing to major decisions that impact Fidelity’s market data strategy and overall vision.

• Act as the primary contact for all incoming non-sector market data requests and vendor evaluations
• Provide project management and leadership for evaluations, trials and rollouts.
• Play a key role on special strategic projects by contributing to major decisions that impact Fidelity’s market data strategy and overall vision.
• Collaborate with Business Partners, Hotlines, MDS, TSO, and EIMT, defining lists of standard desktop applications, identifying vendor integration opportunities, developing DR strategy, testing market data applications/upgrades, etc.
• Lead and develop a high-performing Market Data Analyst team
• Manage market data spend and identify cost-saving opportunities
• Provide strategic feedback on acquisitions, renewals, and contract negotiations
• Promote and optimize utilization of market data services
• Drive strategic vendor management initiatives.

The Experience & Skills You Bring

• BS/BA required; MLS/MBA preferred
• 8+ years in market data vendor or financial services
• Strong people management skills with complex deliverables that impact business operations as well as the investment process
• Proven ability to build relationships and influence outcomes
• Experience facilitating meetings and leading discussions with business
• Ability to effectively multi-task and respond to dynamically changing work environment and to positively prioritize and influence business outcomes
• Prior people management experience

• Note: Fidelity will not provide immigration sponsorship for this position.

The Team

Market Data and Vendor Strategy is a team of Market Data Professionals, Vendor Managers, Contract Specialists and Lawyers that provide outstanding service, specializing in market data and research service relationships for the Firm. We are part of the larger Fidelity Fund and Investment Operations business unit supporting the acquisition, management, dissemination, and use of data across the Firm. In Market Data and Vendor Strategy, we collaborate with groups across Fidelity including finance, risk, legal and compliance along with numerous investment teams providing opportunities to expand your network and gain a better understanding of the business.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.