Job Purpose/Overview:
In this role, you will be a key driver in enhancing the sourcing strategy for master and reference data, focusing on remediating applications to source from authorised sources. You will play a pivotal part in realizing our vision to be the best-in-industry data management function within the context of Securities Services. You will collaborate with application owners, central data teams, and business stakeholders to integrate Securities Services applications, manage instances of data sourcing debt, and establish robust governance procedures for the sourcing function.
This role will report into the Data Sourcing Lead for in DDI Data Services Services.
Key Responsibilities:
1. Authorised Source Integration:
- Support efforts to remediate applications, ensuring they source master and reference data from authorised sources (Systems of Record/Authorised Redistributors), including but not limited to pricing data, securities data, and corporate actions events data.
- Collaborate across Product, Operations and Technology to implement best practices for data sourcing and integration.
2. Governance and oversight:
- Develop and implement a robust governance framework for the master and reference data sourcing oversight.
- Run the Data Right-Sourcing Design Authority where application data architectures are reviewed and baselined; and where authorised data source designations are reviewed and formalised.
- Optimize sourcing-related license costs by evaluating usage and negotiating agreements where necessary.
3. Data Sourcing Debt Management:
- Identify and report instances of data sourcing debt, working closely with remediation owners from technology and central data teams to address and remediate issues promptly.
- Establish and manage procedures for identifying, capturing, monitoring, and resolving data sourcing debt.
4. MI and KPI Generation:
- Generate and communicate Management Information (MI) and Key Performance Indicators (KPIs) related to data sourcing activities.
- Monitor and report on the performance of data sourcing processes, highlighting areas for improvement.
5. Transformation Accountability:
- Support and drive transformation initiatives related to data sourcing, ensuring continuous improvement and optimization of processes.
- Implement innovative solutions to enhance data sourcing capabilities, with a focus on automation and efficiency and integration to the wider DDI event-driven architecture strategy.
- Drive initiatives to enhance efficiency, reduce costs, and improve data accuracy.
6. Stakeholder Collaboration:
- Build strong partnerships with technology teams, operations teams, and other stakeholders in each business line.
- Collaborate with the broader Data Services organization to ensure consistent adherence to data quality standards across the product suite.
Experience, skills and capabilities
- Experience: Minimum of 2 years of experience in data sourcing, with a focus on master and reference data, preferably in the financial services industry.
- Technical Expertise: Strong understanding of master and reference data concepts, data governance, and data integration technologies.
- Communication: Excellent communication and negotiation skills, with the ability to collaborate effectively with diverse stakeholders.
- Education: Bachelor’s degree in a relevant field (e.g., Data Management, Information Technology, Finance). Not essential
Data AnalyticsFull timeNew York New York United States$109,120.00 - $163,680.00
Anticipated Posting Close Date:
May 21, 2024View the " " poster. View the .
View the .
View the