Market Data Operations Analyst

at  Intercontinental Exchange Holdings Inc

KNOWLEDGE AND EXPERIENCE

• Bachelor’s Degree preferred (or equivalent industry experience in lieu of a college degree)
• Proficiency in Microsoft Office; Concentration in Excel (Advanced proficiency in Pivot Tables/Charts, VLOOKUP, Index Match, VBA Macros considered a plus)
• Basic Coding Skills (SQL, Python) considered a plus
• Working experience in Project Management, Data Analytics, or similar function
• A proactive nature and approach to learning, problem identification and problem resolution
• Keen attention to detail
• The ability to think, and work, both independently and within a team environment
• Service-oriented toward both internal and external parties
• Strong organizational, prioritization and time management skills
• Strong written, oral, and interpersonal skills
  Intercontinental Exchange, Inc. is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin or ancestry, age, disability or veteran status, or other protected status

JOB PURPOSE

This group is responsible for the management, provisioning, reporting, and overall usage compliance of third-party market data both internally and externally. Our remit:

• To provide a value-add service across ICE Data Services’ multiple business lines.
• To establish a proactive, forward-facing, service-oriented group with a clear understanding of the value of the corporate strategic assets (“the data”) of which we are in effect the custodians.
• To implement a series of clearly defined best practices across all business lines and all product lines to support our global business in a timely, efficient & compliant way.
• To implement robust processes to support the sales cycle and the client on-boarding process while adhering to our core principals of source compliance & consistency.

The mandate of the Market Data Operations group is to provide a first-in-class management service with respect to the provisioning, reporting, and remittance of payment on behalf of our clients in compliance with our source obligations.
The Market Data Operations Analyst I is responsible for producing timely and accurate reporting of usage to various Third Party Market Data Suppliers; ensuring that the corresponding invoices received are processed, both timely and efficiently, to ensure prompt payment to the various Third Party Market Data Suppliers; managing various projects and source mandated change management processes; and assisting in the preparation and maintenance of usage analytics, market data trends, and other meaningful data aggregation that can aid in various decision making processes throughout the business. The candidate should possess the following skills: team-oriented; self-motivated; ability to work well independently; strong sense of responsibility; strong communication and presentation skills; project management experience; strong analytical skills; ability to achieve repeatable results; ability to process information quickly and develop a general understanding of Third-Party Market Data Supplier policies.

RESPONSIBILITIES

• Oversight of, and participation in, the preparation and distribution of consistent comprehensive usage reporting of ICE Data Services’ client base to various Third-Party Market Data Suppliers on a monthly/quarterly/semi-annual/annual basis.
• Participation in initiatives to centralize and automate Third-Party Market Data Supplier reporting and expense data across multiple business units.
• Validation of invoices via reconciliation processes against both usage reporting and contractual obligations.
• Collaboration with key market data and corporate systems stakeholders to streamline payment processes with the goal of reducing payment cycles and maintaining go-forward efficiencies while monitoring areas for continuous improvement.
• Monitoring of various trends for abnormalities, inconsistencies and fluctuations that may require additional research/investigation.
• Consult with Third Party Market Data Suppliers and other internal stakeholders to resolve queries regarding client entitlements, usage reporting, and/or billing.
• Management of various change management processes involving different elements of Market Data Operations and Compliance.
• Management of special projects and tasks as assigned.