Senior Analyst - Market Data Governance & Procurement

Senior Analyst - Market Data Governance & ProcurementDepartment:
Development - Software Development
Employment Type:
Permanent - Full Time
Location:
Toronto
Reporting To:
Mike Davis
DescriptionLocation -
Toronto, Pittsburgh, Montreal or Boston
Why Confluence?
At Confluence, we're building the future of investment data through innovation, collaboration and continuous improvement. As AI reshapes the financial services industry, we're embracing new technologies while continuing to build on the deep industry expertise and trusted partnerships that have defined our success for decades.
With colleagues across the globe, we bring together diverse experiences, perspectives and expertise to tackle complex challenges and create meaningful impact. Whether you're starting your career or bringing years of experience, you'll have the opportunity to learn, contribute and help shape what's next.
More about the role & teamJoin Confluence as a Senior Analyst within our Market Data Governance function, helping to shape how market data is procured, governed, controlled and delivered across the organisation.
You will be a trusted market data specialist, taking meaningful ownership of vendor relationships, complex contract negotiations, renewals, budgeting, invoice reconciliation and market data inventories. Acting as a bridge between business stakeholders, Product Management, Engineering, Client Services, Finance, Legal and external data providers, you will help ensure that market data assets are acquired and managed effectively.
This is a broad role offering exposure to commercial, operational and technical work. You will have visibility with senior stakeholders and the opportunity to strengthen an evolving market data governance capability. Preferred locations are Montreal, Toronto, Pittsburgh or Boston, with candidates elsewhere in the Northeast US also considered.
Manage market data procurement, vendor relationships, contract renewals, pricing discussions and service reviews.Lead collaborative commercial negotiations and identify opportunities for cost optimisation and service improvement.Reconcile and approve supplier invoices, while providing reliable budgeting and financial-control support.Maintain accurate market data, contract and usage inventories, and respond to commercial supplier notifications.Strengthen data-governance standards and controls, including definitions, lineage documentation, data dictionaries, licensing obligations and usage rights.Partner with Product, Engineering, Finance, Legal, Client Services and external providers to improve data quality, workflows, automation and operational efficiency.
What skills and experience do I need to succeed?At least three years’ experience in market data, financial data management, business analysis or a data-product environment.Direct experience working with financial market data vendors and supplier-management processes.Experience of market data licensing, commercial negotiation or complex contract review.Knowledge of financial instruments, indexes, exchanges, ESG data, reference data or pricing data.Understanding of budgeting, accounting considerations and supplier invoice reconciliation.Strong data-analysis, problem-solving, communication and project-management skills.Ability to build effective relationships across business, technical and commercial teams.A collaborative, measured negotiation style, with the judgement to balance commercial objectives and long-term vendor relationships.
Experience supporting data-governance initiatives, governance frameworks or data-quality controls.Knowledge of market data usage reporting, operations and licensing obligations.Experience in asset management, asset servicing or investment-management workflows.Previous collaboration with Product, Engineering, Finance, Legal and Data teams.Experience with SQL, Power BI, database maintenance, workflow analysis, reporting or automation.
What do we offer?Confluence offers generous benefit packages for team members. As a growing, global organization, we are always looking for ways to ensure that our employees can access benefits that matter to them and their families. This includes:
Generous Time Off packages including additional half days with each public holiday in your location.Global Career Development opportunitiesSocial EventsReferral Bonus scheme - Upto $3,000 per successful referralPlus many more!
More about the Location
We offer flexible working options for all employees.
#LI-Remote, #LI-Hybrid, #LI-Onsite (delete as appropriate)
Values
We look for people who align with our 4 values.
Integrity
Face reality with honesty, courage and accountability
Imagination
Deal creatively with challenges and envision what the world could be
Discipline
Build good habits into reflexes which become a part of our life
Service
Committed to the success of others
If you believe that this job posting is noncompliant, please email us at View email address on ca.hrm.tc.
AI Use In Interviews
To ensure a fair and consistent assessment for all candidates, we ask that you do not use AI tools, external assistance or prepared real time prompts during ta screening call or interview unless we have specifically advised that these are permitted.
The interview is designed to assess your own experience, thought process and communication skills. If AI use is permitted as part of an exercise, we will clearly explain this beforehand.
Pre-Employment Screening Disclaimer
As part of our recruitment process, we carry out identity checks on all candidates. Offers of employment are conditional upon the completion of satisfactory background checks prior to the commencement of work. These checks may include verification of identity, right to work in the UK, employment history, and other relevant pre-employment screening.
Please note that additional checks may be required depending on the nature of the role and the jurisdiction in which the role is based or operates. These may include, but are not limited to, criminal record checks or financial background checks where applicable.
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