Market Data Strategy, Vice President - JPMorgan Chase & Co.
Job Information
Job Description
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The Global Corporate Finance Operations (GCFO) team is a multi-functional global organization providing essential support services and solutions to the Investment Banking division of J.P. Morgan. The Market Data Strategy team within the GCFO is responsible for building and maintaining a best-in-class portfolio of market data product access to support all aspects of the Investment Banking business.
Join our team as a Market Data Strategy Vice President within our Global Corporate Finance Operations (GCFO) team. Reporting to the Market Data Strategy Director, you will be responsible for sourcing and selecting information services in support of Investment Banking (IB) deals and strategic initiatives. You will act as a trusted advisor to IB management, providing expert recommendations for new data sources and opportunities for cost savings and transitions to alternative platforms.
Job responsibilities:
- Leverage deep understanding of the market data landscape and investment banking deal cycle, coverage areas and products to identify and select the best market data solutions for our bankers and technologists
- Lead commercial negotiations with market data vendors and manage best-in-class suite of market data products as part of a collaborative, cross-functional team including bankers, research, technology, business management, Market Data Services, Global Supplier Services, Third Party Oversight & Legal
- Continuously scan the landscape for emerging data products that can provide a competitive advantage to the firm
- Provide advice and guidance to business leaders, bankers, researchers and technologists on the differences and nuances between market data products, enabling coverage, product and technology teams to efficiently and effectively access the right sources to support their work
- Learning & Development - Advise bankers and researchers on new functionalities, content and tools in the JPM market data ecosystem; provide access to training to insure efficiency and successful adoption
- Advise senior management on potential cost savings measures and lower cost alternative sources, guided by firmwide data initiatives, investment banking client management priorities and vendor relationship strategies
- Develop and showcase expense management dashboard and reporting to support business management agenda
- Build strong relationships with vendors and industry leaders to insure understanding of new technologies, opportunities and industry trends, enabling JPM to strategically time launches of new products and technologies and to retain its edge in contract negotiations
- Escalation point for vendor issue resolution, partnering with Supplier Services, Legal, Compliance, Technology, Accounts payable and vendor as required
- Design and implementation of product trials, including scoping, goal setting, results collection and analysis and documentation of results
Required qualifications, capabilities and skills:
- 5+ years of experience as a user of research and market data tools like Factset, S&P Capital IQ, Dealogic, LSEG Workspace, Factiva, Lexis-Nexis, Westlaw, Pitchbook, Boardex, Euromonitor, Bureau Van Dijk or similar.
- Experience with market data vendor management and contract negotiations
- Bachelor’s and/or Master’s degree required, preferably in Library & Information Science or Business
- Strong communication skills and the ability to distill complex concepts to a variety of audiences and levels – including to senior management, project contributors, technical and business facing partners.
- Strong organizational and time management skills, and ability to multi-task and manage multiple priorities independently.
- Initiative-taking, energetic, results-oriented, curious and attention to detail. Exhibits a continuous improvement mindset towards all duties.
Preferred qualifications, capabilities and skills
- Project management experience
- Intermediate Excel skills
- Good understanding of market data inventory systems, processes and procedures
- Domain Knowledge in Investment Banking
- Experience designing QlikSense dashboards
About Us
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
