Revenue Operations Specialist

Job Description

Job Description

Position Overview

As the independent Administrator of the Consolidated Tape Plan, DataCT LLC plays a critical role in ensuring the unified administration of Tapes A, B, and C under the CT Plan. The Revenue Operations Specialist serves as the backbone of this mandate—overseeing the full lifecycle of invoicing, collections, and revenue allocation for both direct and indirect subscribers. This role manages monthly and quarterly billing cycles, monitors accounts receivable aging, and drives delinquency follow-up to maintain financial discipline. It also supports the Revenue Allocation System (RAS) by executing participant distributions and validating data integrity across all reporting streams. Through meticulous reconciliation, compliance oversight, and collaboration with Finance and Market Data teams, Revenue Operations ensures transparency, accuracy, and operational excellence in DataCT’s market data administration. The role reports to the Head of Finance.

DataCT operates under the independence, governance, and transparency framework established in the CT Plan and the Administrator RFP. All staff are expected to uphold the independence of the Administrator function, avoid actual or perceived conflicts of interest, and support the governance reporting obligations of the Operating Committee of CT Plan LLC.

Core Responsibilities

• Run monthly and quarterly invoicing cycles for direct and indirect subscribers.

• Manage collections, AR aging, and delinquency follow-up.

• Support Revenue Allocation System (RAS) calculations and participant distributions.

• Maintain billing data integrity and reconciliations.

Qualifications

• 3–5 years in billing, AR, or revenue operations.

• Experience with high-volume invoicing and ERP systems.

• Familiarity with market data billing concepts preferred.

Location Requirement

This position requires regular, in-person physical presence at DataCT's principal offices in New York City. DataCT's core staff, CT Plan stakeholders, SIP Processors, auditors, and principal service providers are concentrated in the New York metropolitan area, and on-site collaboration is essential to the Administrator function.

Compensation and Benefits

• Base Salary Range - $90,000-100,000 (commensurate with experience, qualifications, skills, education, internal equity, and market data).

• Eligible for performance-based incentives consistent with the role level.

• Compensation is set in accordance with the DataCT Resourcing Experience and Expertise Classification Framework.

• Full benefits package including medical, dental, vision, 401(k) with employer match, life insurance, disability coverage, and paid time off.

Reporting Structure

Reports to: Head of Finance

About DataCT

DataCT LLC is a Delaware limited liability company headquartered in New York, New York, formed as a single-purpose, independent, member-owned entity to serve as the Administrator of the U.S. Consolidated Tape Plan (the CT Plan). DataCT LLC is responsible for the unified administration of Tapes A, B, and C under the CT Plan, acting on behalf of CT Plan LLC under the Administrator mandate. DataCT is currently engaged under an Interim Services Agreement and is transitioning to the definitive Administrator Services Agreement with CT Plan LLC. The organization is building toward a full operating state of approximately 25 employees and is expected to be fully operational by April 2027.

Equal Opportunity

DataCT LLC is an Equal Opportunity Employer. DataCT is committed to building a diverse and inclusive workforce and does not discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, and related conditions), sexual orientation, gender identity or expression, national origin, age, disability, genetic information, military or veteran status, marital or familial status, citizenship or immigration status, or any other characteristic protected by applicable federal, state, or local law.

DataCT LLC is committed to building a diverse, accountable, and independent organization in service of the CT Plan, its Operating Committee, and the broader U.S. market-data community. The Revenue Operations Specialist is a key contributor to that mission.

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