Senior Market Data Analyst, RS&AM

Job Description

Job Type: Permanent

Location:

This role is based from our London office with time spent working from home and from the office (3 days per week in the office, aligned to team).

Flexible working:
All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.

Salary and benefits: circa £75,000 (subject to experience) + bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.

We have an incredible opportunity as a Senior Market Data Analyst to join the Market Data & Index Oversight team, which sits within our broader COO function, as part of the Retirement Solutions & Asset Management function (RS&AM).

We want to be the best place that any of our 6,600 colleagues have ever worked.

We’re Phoenix Group, we’re a long‑term savings and retirement business. We offer a range of products across our market‑leading brands, Standard Life, Sun Life, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

The Senior Market Data Analyst will be responsible for managing, analysing and governing market data products, data and services to ensure they are licensed and used compliantly, efficiently and accurately across the organisation.

The role will have responsibility for supporting the provision of services to various functions within RS&AM, PIO and across the Group in respect of all Market Data Products and Services including Index Data.

The function is essential to Capital Markets, PIO, Front Office, Finance, Middle Office and Back Office operations. The team plays a pivotal role in managing and maintaining Market Data licences and contracts across Phoenix, providing deep subject matter expertise on products used with the Group. It supports robust governance frameworks and supports operation control of investment activities through correct licensing of data, products and services.

• Market Data Management
  • Source data from various vendors (e.g. Bloomberg, LSEG, ICE, MSCI, FTSE, S&P)
  • Support businesses with new/existing data & service requirements
  • Manage compliance issues internally & externally including audits
• Stakeholder Support
  • Act as a point of contact for business users and supporting teams
  • Translate business requirements into solutions
  • Support onboarding of new products, services and data
• Vendor & Cost Management
  • Monitor contracts, entitlements, and usage rights
  • Identify cost saving opportunities and remove unused services
  • Support vendor negotiations
• Data Analysis & Financial Reporting
  • Analyse Market Data usage, maintain costs and trends
  • Provide regular reports on data consumption & spend
• Governance & Compliance
  • Ensure compliance with vendor licensing terms
  • Support audits and regulatory requests
  • Maintain Market Data standards, controls and documentation

Reporting to the Head of Market Data & Index Oversight and working collaboratively within the MD&IO team, the role will support Capital Markets, Policyholder Investment Office, Finance, Middle/Back Office teams including the Group’s growing/changing suite of Products and Services with a focus on transparency in vendor cost, compliant data, indices & benchmarks, ratings and core data requirements, system include e.g. Aladdin and InVista.

This is an exciting opportunity for an individual to be part of a growing capability in this specialised area of RS&AM PIO within the Phoenix Group, where versatility, resilience, adaptability and proactive approach to change are essential to ensure the success of the team.

• Extensive knowledge of Market Data Management principles, policies, and operating procedures within Financial Services, with strong numerical and financial analysis capability.
• Subject matter expert (SME) in market…