Market Data Lead
$90k - $180kCFA Institute
About Us Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long‑term view that aligns our perspectives with those of our clients. About the Role The Lead, Market Data Services will be a strategic leader within Wellington Management's Market Data Services team. This role is responsible for driving the delivery of high‑impact, cost‑effective market data solutions while ensuring operational excellence and compliance. The ideal candidate will bring deep expertise in market data management, strong vendor negotiation skills, and the ability to lead cross‑functional initiatives that align with the firm’s business priorities. About the Company Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With US$1 trillion in assets under management as of 30 September 2018, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on a strength of proprietary, independent research and span the global capital markets, including equity, fixed income, multi‑asset and alternative strategies. As a private partnership whose sole business is investment management, our long‑term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce and fostering an open, collaborative, inclusive culture because multiple perspectives lead to more informed investment and business decisions. Position The Lead, Market Data Services will be a strategic leader within Wellington Management’s Market Data Services team, responsible for driving the delivery of high‑impact, cost‑effective market data solutions while ensuring operational excellence and compliance. Responsibilities Lead the execution and continuous improvement of the firm’s market data program ensuring alignment with business needs. Oversee the full lifecycle of market data changes including onboarding, renewals, cancellations and modifications, ensuring minimal disruption and maximum value. Manage inventory systems and invoice workflows with precision, ensuring accuracy, timeliness and compliance with budgetary targets. Own relationships with key market data providers, lead contract negotiations and monitor vendor performance to ensure service quality and value. Ensure accurate reporting of exchange data usage in accordance with licensing agreements and regulatory requirements. Serve as a key point of contact for investment teams and business units, providing expert guidance and support for market data needs. Maintain and improve systems such as Optimize Spend (FITS) and ServiceNow to support workflow efficiency and data integrity. Contribute to the annual budgeting process through detailed usage analysis, cost forecasting and strategic recommendations. Promote effective use of market data tools through user training and support, driving adoption and maximizing ROI. Qualifications Bachelor’s degree in Business Administration, Information Systems, Computer Science, Statistics or a related field of study. Deep financial and market data services expertise with demonstrated leadership in managing complex vendor relationships. Strong knowledge of market data vendors (e.g., Bloomberg, FactSet, LSEG, ICE) and licensing structures; familiarity with exchange rules and reporting requirements. Prior experience with Optimize Spend strongly preferred. Experience with Power BI, Tableau and ServiceNow is a plus. Excellent verbal and written communication skills with the ability to influence stakeholders and bridge business and technical needs. Proven ability to lead initiatives, drive process improvements and collaborate across departments in a fast‑paced environment. High attention to detail with a disciplined approach to data management and operational execution. Proactive and resourceful with a strong commitment to continuous improvement and delivering high‑quality outcomes. Experience with soft dollar regulations and procedures a plus. Compensation & Benefits Base salary range: USD 90,000 - 180,000. Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/or Incentives, if eligible. We offer a comprehensive and high‑value benefit package to meet the unique needs of our employees and their families, including a retirement plan, health and wellbeing, dental, vision, pharmacy coverage, health savings account, flexible spending accounts, commuter program, employee assistance program, life and disability insurance, adoption assistance, back‑up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time). Work Location: Employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. Equal Opportunity Employment As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at View email address on click.appcast.io. #J-18808-Ljbffr
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