Market Data Vendor Analyst
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Key skills for this role
About the Role
Fidelity Canada seeks a Market Data Vendor Analyst to support market data governance, vendor management, and cost optimization. You will manage relationships with vendors like Bloomberg and LSEG, oversee data administration, and partner with business and technology teams.
Key Skills for This Role
Responsibilities
- Manage relationships with market data vendors including Bloomberg, LSEG, MSCI, FactSet, S&P, and Moody's
- Support contract negotiations, service reviews, and vendor performance management
- Oversee day to day market data administration activities, including onboarding/offboarding, entitlement management, invoice validation, inventory maintenance, and usage monitoring
- Act as a trusted advisor to business and technology stakeholders on market data solutions
- Support budgeting and forecasting through market data usage and spend analysis
- Produce reporting and dashboards while ensuring compliance with vendor licensing agreements
- Serve as the primary escalation point for market data service issues
Requirements
- University degree in Business, Finance, Technology, or related discipline, or equivalent work experience
- Minimum 5+ years of market data experience within the financial services industry
- Good understanding of market data products, including terminals, real time and reference data, indices, ratings, research platforms, licensing models, and governance practices
- Experience managing vendor relationships, contracts, and service performance
- Strong analytical, reporting, and cost optimization capabilities
- Proficiency with Excel, Power BI, and other reporting tools
- Excellent stakeholder management and communication skills
- Exposure to audit, risk, or regulatory environments
- Preferred FISD, IMC, or other relevant market data or financial services certifications
Full Job Posting
Job Description
- You will be working on a flexible hybrid schedule as part of Fidelity’s dynamic working arrangement.
- The work location for this role is 483 Bay Street in Toronto until approximately late 2026, when the work location will change to the new Mississauga office at 3 Robert Speck Parkway.
Who We Are
- At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years.
- We offer individuals and institutions a range of trusted investment portfolios and services.
Business Overview
- The role serves as the Canadian extension of Fidelity International’s Global Market Data function, supporting market data governance, administration, vendor management, compliance, reporting, and cost optimization.
What You Will Do
- Market Data Governance & Vendor Management: Manage relationships with market data vendors including Bloomberg, LSEG, MSCI, FactSet, S&P, and Moody’s.
- Market Data Administration & Operations: Oversee day to day market data administration activities, including onboarding/offboarding, entitlement management, invoice validation, inventory maintenance, and usage monitoring.
- Stakeholder Support & Business Partnership: Act as a trusted advisor to business and technology stakeholders by providing mentorship on market data solutions.
- Financial Management, Compliance & Reporting: Support budgeting and forecasting through market data usage and spend analysis.
- Issue Resolution & Continuous Improvement: Serve as the primary escalation point for market data service issues.
What You Will Bring
- University degree in Business, Finance, Technology, or related discipline, or equivalent work experience.
- Minimum 5+ years of market data experience within the financial services industry.
- Good understanding of market data products, including terminals, real time and reference data, indices, ratings, research platforms, licensing models, and governance practices.
- Experience managing vendor relationships, contracts, and service performance.
- Strong analytical, reporting, and cost optimization capabilities.
- Proficiency with Excel, Power BI, and other reporting tools.
- Excellent stakeholder management and communication skills.
- Exposure to audit, risk, or regulatory environments.
Professional Certifications
- Preferred FISD, IMC, or other relevant market data or financial services certifications.
Total Rewards That Reflect Your Impact
- Base Salary and Discretionary Performance Bonus: Total annual cash compensation ranges from CAD 68,000 to CAD 90,000.
- RRSP Contribution: After 6 months of employment, we invest in your future with an RRSP contribution—no employee matching required.
Some of the ways we’ll help you feel valued and supported
- Flexible working arrangements 100% remote, hybrid, and in office options
- Competitive total compensation, including company contributions to your group RRSP
- Comprehensive health benefits that start on your first day, with 100% employer paid premiums
- Parental leave top up to 100% of your salary for a period of 25 weeks
- Up to CAD 650 for home office equipment
- Generous time off policy, including 2 paid days annually to volunteer
- Diversity and inclusion programs, including an active network of Employee Resource Groups
- Extensive professional development opportunities, including access to over 11,000 training and development courses
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