Market Data Procurement Associate

The Market Data Services Specialist processes incoming invoices for vendor services, generates allocations for submission to accounting, monitors expected invoicing for any missing/delayed items, generates reports on an ad-hoc as well as scheduled reporting basis to critical business unit heads for service determinations, generates reporting for MISU credit program to the 3 applicable exchanges and monitors invoicing for proper credits due, monitor, track and update pricing/structural changes from vendors that change invoice reconciliation and allocation calculations.

• Process incoming invoices for vendor services for approval and submission to Accounts Payable.
• Prepare allocations for submission to Corporate Accounting.
• Monitor expected invoicing reports in MDM system to identify any issues of missing/delayed invoicing from vendors.
• Generate spend reporting for business unit management on a scheduled basis as well as ad-hoc report requests.
• Generate monthly reporting for the MISU credit program offered by NYSE/AMEX and OPRA and monitors subsequent invoicing to track credits due.
• Monitor, track and update pricing and structural changes to services from vendors to maintain MDM system.
• Cross train with the Market Data Procurement Analyst to enhance the support capabilities of the department.
• Additional Market Data Procurement duties, including, orders for new service or changes to service and maintenance of the user and vendor information within the MDM system, as needed to support the operations of the department.
• Solid analytical, mathematical and problem solving skills.
• Ability to determine how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
• Ability to use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Minimum Required: Bachelor's degree in Business/Accounting or equivalent experience and college coursework
• Minimum Required: 1-3 years' in related field
• Proficient in Microsoft Excel, Word, PowerPoint, Outlook
• Familiarity with market data management systems. #LI-JK1

Stifel is more than 130 years old and still thinking like a start-up.

We are a global wealth management and investment banking firm serious about innovation and fresh ideas.

Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.