Job Title: Assistant Vice President - Market Data Financial Management
Location: Bangalore, India
Context of the job:
Natixis CIB banking activities rely on a wide variety of market data (MD), including both financial and non-financial information. This data covers description and valuation of financial instruments and indices, real-time prices, fundamental analyses, ratings, and Environmental, Social, and Governance (ESG) factors among others. They are essential for our Corporate & Investment Banking teams, helping us stay competitive in a changing financial landscape.
The market data team is responsible for ensuring seamless access to this vital market data for all users across the globe, facilitating their activities. Additionally, the team monitors data usage to optimize efficiency and compliance with regulatory standards.
Role Overview
The MD Finance expert will play a pivotal role in supporting and optimizing market data budgets and expenditures, monitoring market data usage through comprehensive analysis, and supervising the performance indicators of MD team to ensure efficient workload organization and the implementation of key process improvements. This position demands a seasoned market data professional adept at enhancing financial oversight, refining reporting processes, and conducting in-depth analyses of vendor activities.
Main responsibilities and duties of the role:
Key Responsibilities:
- Insightful Reporting: Develop and produce both recurring and ad-hoc financial reports utilizing existing resources to monitor the evolution of market data budgets and expenditures. Identify cost drivers and conduct qualitative analyses to explain variations in spending, such as contract renewals and inventory changes.
- Supplier Analysis: Create a comprehensive dashboard to track expenditures by market data suppliers. Employ analytical skills to assess services provided and deliver insights into cost fluctuations and service developments.
- Strategic Budget Management: Oversee and validate market data invoices, ensuring accurate allocation within the Market Data Management (MDM) tool. Responsibilities include monthly cost tracking and reporting, as well as preparing impactful business reviews and presentations.
- Optimization Initiatives: Collaborate with market data experts and user departments to conduct ad-hoc analyses aimed at optimizing market data usage. Prioritize efficiency and automation in all processes to enhance organizational effectiveness.
- Team Collaboration: Work closely with a high-performing team, fostering a collaborative environment that promotes knowledge sharing and collective problem-solving. This senior role will also support the training and development of less experienced team members.
- Engaging Stakeholder Communication: Facilitate regular meetings with users and management to ensure effective communication and collaboration. Prepare or contribute to presentation materials that clearly convey findings and recommendations, promoting transparency and informed decision-making among stakeholders, including C-level executives, vendors, and various user profiles. The candidate will also need to ensure proper governance of process with international platforms.
Additional information:
- Proven Experience: A strong background in financial management is essential, with significant experience in market data activities being highly desirable. The ability to navigate complex financial landscapes is crucial.
- Technical Proficiency: Proficiency in Excel, dashboard creation, and Power BI is required for effective data management and the creation of insightful visualizations.
- Analytical Acumen: Strong skills in transforming data into actionable insights, with a focus on problem-solving and process optimization, are necessary.
Collaborative Approach: Excellent communication skills are essential for working with cross-functional teams, fostering collaboration, and driving results.
Profile and Required Skills
Profile
- Master's degree in Finance / Economics
- Experience in Financial Services Industry and market data experience
- Strong analytical capabilities, adept at interpreting complex financial data and identifying trends and insights that drive decision-making. Proficient in statistical analysis and data modeling techniques to support performance measurement and evaluation.
- Excellent verbal and written communication skills, with the ability to convey complex financial concepts and data insights to both technical and non-technical stakeholders. Capable of creating compelling reports and presentations that facilitate informed decision-making.
- Ability to collaborate effectively with cross-functional teams, including IT, compliance, and Front Office
- Solid technical knowledge in financial data management, including familiarity with data integration, data governance, and quality assurance practices.
- Proficient in data analysis tools (e.g., Excel) for data manipulation and reporting; presentations to senior leadership (e.g. powerpoint). Experience with data visualization tools (e.g., Tableau, Power BI) is a must.
- Capacity to work under tight deadlines, team player.
- Language: Fluent in English, enabling effective communication with a diverse range of clients and colleagues in international settings.
