Senior Technical Manager, Market Data

  • Negotiable
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Fidelity International
  • 19 Mar 18 2018-03-19

Your role will be to lead all commercial Market Data activity in Asia, with additional responsibility for service delivery into Asia for global suppliers, Market Data governance, and financial administration. This includes developing and driving strategic capability into Asia working with the global team and the Market Data Director.

About Technology:

In a digital, fast changing world, will you help differentiate us from the competition?

It's a technological world - our clients want to engage with us using creative websites, great apps and through a first class customer service team, all supported by best in class technology solutions that keep their data secure. We pride ourselves on being a technology-powered organisation where technology is at the heart of everything we do. Our teams are focussed and nimble to react quickly to changing market conditions. We embrace a "start-up" approach, supported by a large, global organisation that nurtures great talent. We value a diverse workforce that drives different opinions and great ideas, leading to innovation, creativity and measured risk taking.

If you are passionate about delivering change in a technological world, look to Fidelity.

About Market Data:

The Fidelity Market Data team has responsibility for all commercial, technical and governance of Market Data activity in the UK and Europe, with a current focus to develop and strengthen capability and coverage in Asia - the purpose of this position.

Market Data take the lead on all Market Data vendor contract negotiations, new business requirements, tender (RFI/RFP) processes (working with Procurement), governance activity (Audits, training, Policy and alignment with Data Governance), administration - inventory, invoicing and various reporting, as well as technical support and consultancy with the technical delivery teams. The market data team act on a consulting basis with the business in order to deliver external Market Data in a cost effective way.

Additionally, the technical team provide real-time data services supporting well know industry distribution platforms into various applications, as well as supporting application development and vendor applications across Fidelity.

Purpose of your role:

Your role will be to lead all commercial Market Data activity in Asia, with additional responsibility for service delivery into Asia for global suppliers, Market Data governance, and financial administration. This includes developing and driving strategic capability into Asia working with the global team and the Market Data Director.

The scope of suppliers & products covers Market Data Terminals, Indices, Reference, Pricing & Exchange data, Ratings, Research and Risk & Attribution services from hundreds of Market Data suppliers.

Your ability to establish trusted relationships with key business clients, lead and manage the team in a structured way, to drive change, prioritise delivery and challenge existing processes will be the key to your success.

Your key accountabilities:

  • Responsible for managing the Market Data internal clients and external vendors in Asia
  • Own the business relationship across multiple business teams and geographies in Asia
  • Lead on any market data projects within Asia, including terminal displacements and other efficiency aligned work
  • Provide input into strategic direction and goals for the Market Data team globally
  • Alignment and development of global operating model driving consistency of service and approach into Asia
  • Vendor and cost tracking & management for 3rd party Technology service provides in the Asia Pacific region
  • Management, creation and production of management information detailing Technology service and application costs using the Apptio suite
  • Contribute to regular Technology budgeting and forecasting processes

There will be plenty of opportunity for a strong candidate to make a significant difference both within the existing operation and also individually in Asia - driving improvements by understanding local business priorities, identifying efficiency opportunities, and ensuring the global team deliver a service that meets Asia requirements.

Your skills and experience:

  • Leadership skills - Although an individual contributor in Asia, the ability to leverage capability across the global team, as well as with other local teams will be key to being successful
  • Working with senior business clients to discuss strategy, present detailed market data cost breakdowns and to understand their requirements; your ability to build and maintain relationships will be important
  • Supplier management - experience of managing and measuring supplier performance, and managing issues and escalations with suppliers
  • Supplier negotiation experience - the ability to structure a negotiation, create leverage, and form strategic relationships with suppliers
  • Experience of Market Data administration - platforms (MDM from MDSL used at FIL globally), inventories, exchange rules and reporting, invoicing, reconciliation and financial chargeback would be advantageous
  • Excellent data skills - the ability to review, analyse, and draw meaning from data and then communicate that with others is important - be it financial reporting, quickly analysing supplier supplied information again inventory etc - analytical skills are a requirement
  • Good documentation skills, including writing policies and procedures
  • Motivated, with a positive (can-do) and enthusiastic attitude
  • Diligent, thorough and professional
  • Ability to cope with demanding schedules and pressured deadlines
  • Must thrive in a rapidly changing and expanding environment