Market Data Management

Market Data Management - Relationship Manager

Aegon Asset Management Edinburgh, United Kingdom

Job Description Summary
Job Description

Market Data Management - Relationship Manager

Permanent

Location: Edinburgh (typically 3 days in the office per week, 2 from home)

Closing date: 17th April 2025

Aegon Asset Management is a leading global investor, our employees work from 13 locations across Europe, the Americas and Asia. We advise on assets for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

Our people are our greatest asset, and we want Aegon Asset Management to be a place where they can bring their authentic self to work and do all they can to deliver on our strategic promises to our customers.

We help people live their best lives. We help them with the big stuff, for the moments that matter.

We are now looking for a Relationship Manager for Market Data Management to come and join us in Edinburgh, you will report to our Head of Market Data Management and work as part of a small team who support each other and help develop one another.

This role is central to the operation of the team as it includes ownership of the pipeline of work into the team and is the main point of contact for users in our global offices. Excellent procurement and negotiation skills are required in order to manage our market data contracts as effectively as possible. You will be responsible for:

Procurement

• Procuring and renewing Market Data services required by the business in most cost-effective manner for AAM.
• Developing sourcing strategies and category plans.

Budget, Cost & Contract Management

• Identify cost-saving opportunities and negotiate with data vendors to achieve favourable terms and conditions.
• Ensure data/service usage and pricing is accurately recorded.
• Maintain an audit trail for all contracts and commercial agreements.
• Ensure commercial terms are accurately recorded on the Contract Management System.

Vendor Management:

• Manage relationships with market data providers, ensuring service quality and adherence to contractual obligations.
• Conduct regular vendor service reviews including use of a clear vendor scorecard methodology.
• Actively supervise actual system usage to ensure value is acquired and to feed into renewal discussions and regular service reviews.

Stakeholder/Client Engagement:

• Acting as the primary contact across the AAM business for services provided by the vendors within their remit.
• Collaborate with internal stakeholders to understand market data needs and deliver appropriate solutions.
• Demand Management and fulfilment of requests.

Change Management & Delivery:

• Identify initiatives which enhance AAMs Investment Toolkit.
• Feed these into team's program of work to deliver.
• Own and deliver some of these initiatives - taking on Project Management or SME responsibilities.

Compliance and Regulatory Responsibilities:

• Ensure that the acquisition and use of market data comply with all relevant regulatory requirements.
• Stay abreast of regulatory changes affecting market data and implement necessary changes to maintain compliance.
• Work closely with the Compliance and Legal teams to address any regulatory concerns and support audits related to market data.
• Attestation of Exchange Use and System Access.

We'd love to hear from you if you have:

• Experience within a similar procurement role.
• Strong negotiation, Vendor (supplier) management and budget management skills.
• Experience working with legal and commercial aspects of vendor licenses.
• Understanding of financial instruments and international exchanges.
• Positive communication/ facilitation skills.
• Index data knowledge - either on the commercial front or working within index data teams is advantageous, however not essential.
• FIA Certification, or similar, desirable.

What's in it for you?

• A competitive salary, depending on the experience you can bring.
• A non-contributory pension between 9%-13%.
• A discretionary bonus, depending on personal and company performance.
• 27 days leave per year (plus bank holidays, pro-rated for part-time).

We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our staff live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments.

We serve a diverse, ever-changing world. It's tough, but we work tirelessly to leave things better than we find them. If that sounds like the sort of place you'd like to work, hit the "Apply" button.

The legal bits

We'll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references.
Equal Opportunity Employer:

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.
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