Financial Market Data Manager
Luxembourg, LU London, GB
ABOUT US:
As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.
With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.
Find out more about life at Alter Domus at careers.alterdomus.com
JOB DESCRIPTION:
The Market Data Manager is a specialist role at the intersection of data strategy, vendor management, and technical delivery. This individual takes ownership of the company's market data ecosystem — spanning providers such as Bloomberg, LSEG, and others — and is responsible for building a systematic, cost-efficient approach to how market data is sourced, governed, and distributed across the organisation. The role combines strong domain expertise in financial market data with the ability to engage both business stakeholders and technical teams.
Your responsibilities:
Market Data Strategy
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Define and drive a company-wide market data strategy, covering sourcing, entitlements, distribution, and governance
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Build a comprehensive inventory of all market data consumed across the organisation — by product, business line, and use case
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Identify and eliminate overlapping subscriptions and redundant data sourcing
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Establish a framework for evaluating and onboarding new data sources in a structured, reusable way
Vendor & Contract Management
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Serve as the primary point of contact for market data vendors (Bloomberg, LSEG, and others)
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Monitor usage against contractual terms and manage compliance with vendor licensing requirements
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Conduct periodic vendor reviews and benchmark against market alternatives
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Collaborate with Procurement on contract negotiations and renewals, with a focus on cost optimisation and right-sizing entitlements
Business Engagement
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Partner with business lines to understand data requirements and translate them into sourcing decisions
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Act as the central intake point for new market data requests, assessing feasibility, cost, and overlap with existing coverage
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Educate stakeholders on available data assets to reduce ad-hoc, duplicative requests
Data Distribution & ETL
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Define standards for how market data is ingested, transformed, and delivered to consuming systems
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Work with data engineering and application teams to streamline ETL pipelines and reduce bespoke integrations
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Ensure data quality, timeliness, and consistency across the distribution chain
Governance & Cost Control
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Own the market data budget, including invoice validation, cost allocation, and purchase requests
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Maintain documentation of entitlements, usage rights, and data lineage
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Establish and enforce a request and approval process for new data subscriptions
Your profile:
Required:
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Proven experience in a market data role within financial services (asset management, fund administration, banking, or similar)
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Deep knowledge of major market data providers and their products — Bloomberg, LSEG/Refinitiv, FactSet, ICE, or equivalent
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Solid understanding of financial instruments, asset classes, and the data needs associated with fund operations, valuations, and reporting
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Experience managing vendor contracts, entitlements, and usage audits
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Familiarity with data distribution architectures and ETL concepts — sufficient to collaborate effectively with data engineering teams
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Track record of consolidating or rationalising a fragmented data environment
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Strong stakeholder management and communication skills
Key Competencies:
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Domain expertise — brings credibility with both vendors and internal stakeholders through deep market data knowledge
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Strategic mindset — thinks beyond individual contracts to build a scalable, long-term data operating model
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Commercial rigour — identifies cost savings and holds vendors accountable to contractual commitments
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Cross-functional collaboration — bridges the gap between business needs and technical delivery
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Ownership — comfortable operating autonomously in a greenfield environment with limited existing structure
WHAT WE OFFER:
We are committed to supporting your development, advancing your career, and providing benefits that matter to you.
Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.
Our global benefits also include:
- Support for professional accreditations such as ACCA and study leave
- Flexible arrangements, generous holidays, plus an additional day off for your birthday!
- Continuous mentoring along your career progression
- Active sports, events and social committees across our offices
- 24/7 support available from our Employee Assistance Program
- The opportunity to invest in our growth and success through our Employee Share Plan
- Plus additional local benefits depending on your location
Alter Domus is an Equal Opportunity Employer: Equity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)
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