Market Data Vendor Management Team Manager, Executive Director

Job Description:

A critical priority for Asset Wealth Management (AWM) is to ensure that high-quality data is available to run our business and meet our clients' needs. The Asset Wealth Management Chief Data Office (CDO) defines AWM's data strategy and support for the core data used across AWM and needed to run our business, such as client data, reference data, product data, securities and pricing data, transactions and holdings, and index data. We work with the AWM business and Firmwide CDO to analyze data, ensure data governance and data quality standards are in place, look for efficiencies in business processes, and work with our technology partners to implement solutions.

The Chief Data Office Market Data Vendor Management team is responsible for governing global Asset Wealth Management Market Data licenses by implementing formal processes to collect, control, and review all Market Data requests whilst opportunistically driving the Market Data consumption strategy and create cost efficiencies.

Given the increased priority and demand for supporting regulatory and compliance initiatives, it is essential for the Market Data Vendor Manager, Executive Director to collaborate within and outside Asset Wealth Management, given the inter-relationship among various Lines of Businesses within JPM as well as Vendor Management partnering teams including Market Data Sourcing, Third-Party Oversight, Legal, Compliance, Market Data Services, and Finance.

Key Relationships

• Internal relations - Chief Data Officer, Data Domain Stewards, Data Domain Executives
• External relations - Technology and Architecture teams, Business teams, Chief Operating Officers, Chief Finance Officers, Market Data Sourcing, Third-Party Oversight, Legal, Compliance, Market Data Services, and Finance

The ability to articulate and communicate issues and solutions to fellow team members, partners, and internal clients will be a key function. In addition, creating and presenting updates to larger audiences including senior management, producing reports and updates, and other written or verbal communication is important. The ability to work with guidance as well as independently in a fast-paced environment while delivering accurate and timely results is critical. This position will work closely with senior business executives and technology leadership to ensure key decisions about vendors are made in line with the data management roadmaps and business needs.

Job Responsibilities:

• Management of the new and ongoing vendor Market Data contracts, often taking a leadership position with large/material vendor negotiations, in partnership with internal stakeholders
• Collaborate with technology on the development and implementation of Market Data entitlements to collect and monitor metrics related to data consumption and contract adherence
• Support the global, AWM-wide Market Data license service to be used by all consumers
• Identify and lead opportunities to change consumer data consumption behavior, consolidate usage, standardize data use of fewer vendor products and ultimately deliver significant financial efficiency for the firm
• Partnering with operation and the end business on vendor rationalization projects
• Manage the end-to-end alternative assessment framework, RFI/PQA to determine whether alterative providers meet a business capability, to aide with implementation and ultimate displacement
• Provide support for tracking and attesting to contract adherence and maintaining contract information in the license repository authoritative source, storing general contract metadata, specific contract terms and conditions, and impact of contracts on AWM business usage
• Gather and organize data to produce metrics and reporting related to Market Data consumption
• Provide support for analyzing, defining, and implementing standard cost and allocation models
• Define the agenda and manage meeting materials and follow ups for important meetings with the business, technology, operations, and other key stakeholders
• Aid with the delivery of financial efficiency for the firm

Required Qualifications, Capabilities, and Skills:

• Commercial and business understanding in order to assess the value proposition versus Market Data costs proposed in order to identify alternative potential providers
• Bachelor's Degree in Accounting, Business Administration, Economics, Finance or equivalent work experience
• 7+ years of experience in a major financial services organization, with large-scale data or project management and oversight experience
• Knowledge of financial data or vendors of Market Data
• Proven track record of successfully implementing vendor service remediation and able to quantify such benefits
• Ability to work in deadline-oriented and controlled environment
• Self-motivated and proactive with the ability to work in a team
• Ability to demonstrate flexibility and adaptability to rapidly changing business needs
• Provide regular updates on projects and metrics to Senior Management
• Ability to use creative thinking to identify solutions for complex processes and/or issues

Preferred Qualifications, Capabilities, and Skills:

• MBA or Master's degree
• In depth experience with the data architecture discipline including various database design techniques, modeling tools, and data architecture principles
• Certification in Data Technology, Agile or other project management application

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

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

Base Pay/Salary
Brooklyn,NY $175,750.00 - $260,000.00 / year; Jersey City,NJ $175,750.00 - $260,000.00 / year