IMC Trading
Market Data Specialist - APAC
To be one of the leading trading firms globally. Anticipating change, we continuously improve and innovate, daring to imagine how things could be. Making things happen today and making them better tomorrow.
Data and analytics
Full-time
Office | Sydney, NSW, Australia
Visa sponsorship · No
Mid Level · A role for someone with some well-developed knowledge and skills they can bring to the role and team. Typically within 2-5 years of experience.
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Why IMC Trading
As one of the world’s leading market makers, IMC trades on more than 100 venues around the world and provides liquidity in more than 200,000 securities.
Across offices in Amsterdam, Chicago and Sydney, global teams of technologists and traders work together to design and develop the software, hardware, advanced networks and algorithms that drive our trading strategies and make us one of the world’s leading liquidity providers. We hire exceptional, insatiably curious problem-solvers and challenge them to anticipate change and continuously innovate in ways that will sustain our success. We recognize, and reward, the best ideas regardless of hierarchy. At IMC, anyone can make an impact and everyone is encouraged to do so.
About the role
The Market Data Team at IMC is responsible for managing all aspects of the market data lifecycle. From sourcing of new data sets, commercial negotiations, policy monitoring, and exchange reporting, to ongoing inventory and vendor relationship management, we collaborate with our stakeholders from the Trading and Technical teams to ensure best-in-class access to the data that drives our trading strategies. Equally importantly, we work closely with our partners in Legal, Compliance, and Finance to optimize spend and usage rights while mitigating risk. The Market Data Specialist will manage the APAC data catalogue and data provider relationships and will collaborate closely with IMC's global market data team to ensure alignment with IMC’s market data policies. Your Core Responsibilities
- Own IMC APAC’s day-to-day market data management functions, including but not limited to, inventory updates, invoice reconciliation, exchange policy monitoring and reporting
- Work with internal stakeholders and global market data team to collate ongoing data needs and identify access/entitlement requirements
- In collaboration with global market data team, lead contract negotiations with new data providers and ongoing relationship management of existing providers
- Identifying savings and optimization opportunities
- Working closely with Legal, ensure that IMC APAC’s market data contractual usage restrictions are accurately reflected in global market data inventory
- Ongoing monitoring of internal usage and evolving data requirements, to mitigate potential exposure and identify savings opportunities
- Proactively educate various teams within IMC APAC (trading / tech / support) around proper use of data and how utilization will impact compliance and commercial structure
**Your Skills and Experience: **
- 4+ years of experience managing market data at a buy- or sell-side firm or a market data vendor
- 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)
What you'll be responsible for
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Insights Presentation
Organize and present data to effectively communicate findings
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Data Governance
Contribute to the design, development, and deployment of data governance solutions
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Data Analysis and Reporting
Analyze data to discover and communicate insights, and offer concrete recommendations for key stakeholders to make critical decisions
Skills you'll need
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Learning agility
Identifies and applies strategies to enhance reception, retention and use of newly acquired information, skills, and abilities
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Numerical problem solving
Works with numerical information and performs mathematical calculations to solve problems
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Attention to detail
Accurately identifies and rectifies discrepancies or errors that exists in information and deliverables
Meet the team
