Market Data - Team Leader

Company Description

Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries.

As Natixis Innovation Hub, Natixis in Portugal mission is to transform traditional banking by developing innovative solutions for the bank’s business, operations and work culture, being a key driver of the company’s culture of agility and innovation. Teams of IT and Banking Support Activities work in an integrated, inclusive and transversal way, supporting all the business lines and country platforms.

Job Description

Team presentation and main goal:

Natixis CIB & AWM banking activities rely on a wide variety of market data (MD), including both financial and non-financial information. This data covers description and valuation of financial instruments and indices, real-time prices, fundamental analyses, ratings, and Environmental, Social, and Governance (ESG) factors among others. They are essential for our Corporate & Investment Banking & AWM teams, helping us stay competitive in a changing financial landscape. Natixis is seeking a strategic and results-driven Market Data Team Leader to guide our MD team with at least 10 years experience. This role is critical in providing functionally and financially adequate market data solutions, optimizing budgets, and ensuring efficient data usage across our CIB & AWM divisions. The ideal candidate will have a robust background in market data, financial oversight knowledge, and stakeholder engagement, with a proven ability to drive operational efficiency and enhance team performance.

Main tasks and goals:

1.Team Leadership & Development

• Lead and mentor a diverse Market Data team, comprising both experts with 20+ years of experience and junior staff managing the invoicing process. Foster a culture of collaboration, accountability, and continuous improvement.
• Oversee the development and training of team members, particularly less experienced staff, to enhance overall team capabilities and performance.

2.Market Data Solutions & Customer Focus:

• Provide business lines with functionally and financially adequate market data solutions tailored to their specific needs.
• Establish Relationships: Build and maintain strong relationships with end users of market data across various business lines, ensuring their needs are understood and addressed in a timely manner.
• C-Suite Engagement: Develop tailored presentations and reports that translate complex market data insights into strategic recommendations for C-suite executives, ensuring their decision-making is informed by accurate and relevant data.
• Maintain open communication with business lines regarding market data products, access conditions, and pricing, ensuring alignment with business needs.

3.Budget Management & Financial Oversight:

• Propose and implement cost savings and optimization initiatives to enhance financial efficiency.
• Monitor market data budgets and expenditures, ensuring accurate reporting and budget tracking, including the preparation of quarterly business reviews.
• Oversee the verification and processing of invoices, ensuring proper allocation within the Market Data Management (MDM) tool and timely management of renewals and expirations.

4.Supplier Management:

• Serve as the key point of contact for specific market data providers, managing the complete invoicing process and implementation of standard market data products.
• Control and validate market data invoices, ensuring accurate analytical allocation and production of reporting for supplier declarations.
• Guarantee the management, monitoring, and negotiation of specific contracts with suppliers, ensuring favorable terms and conditions.

5.Performance Monitoring & Process Improvements

• Supervise performance indicators of the Market Data team, ensuring efficient workload organization and identifying opportunities for key process improvements.
• Collaborate with market data experts and user departments to conduct analyses aimed at optimizing market data usage, emphasizing efficiency and automation.
• Identify and implement external technology solutions, including ticketing systems, to enhance efficiency and quality mitigation across the team.

6.Stakeholder Engagement & Communication:

• Facilitate regular communication with users and management to ensure alignment and collaboration on market data initiatives.
• Prepare presentation materials that clearly convey findings and recommendations, fostering strong relationships with vendors and various user profiles.
• Act as a liaison between market data users and C-suite executives, ensuring that user feedback is incorporated into strategic decision-making processes.

7.Governance & Compliance:

• Ensure proper governance of processes with international platforms, maintaining compliance with market regulations and internal policies.
• Liaise with compliance and surveillance teams to address any regulatory requirements pertaining to market data management.

Qualifications

• Master’s degree in Finance / Economy / Management or relevant area
• +10 years of experience in relevant area.
• Advanced knowledge of Excel and VBA and a good knowledge of Power BI
• Knowledge of MDM (mandatory).
• Fluent English (mandatory) and a good level of French (will be consider a plus).
• Good and structured communication (oral / written) 
• Adaptability and curiosity
• Capacity to deal w/ stress and conflict management
• Team Player
• Taste for data processing and data accuracy

We will only consider English Cv's.

Additional Information

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant’s gender, age or ethnicity. When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address. Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

#MuchMoreThanJustAJob

Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto’s most typical neighborhoods. This Purple Day is going to be a busy one: daily meeting ensuring all team members are on the same page regarding work status, priorities and blockers, language class and, just after, a Talent Management meeting with your manager, discussing your career path. 

Lunch break. Today, your Team is onboarding newcomers, but also welcoming French colleagues: the perfect excuse to walk downtown and bond over a francesinha. When returning, inhale nature and peace of mind in Natixis Urban Garden (look at the crops; ready to harvest!). 

Back inside. Brainstorming session on a new, exciting project in our disruptive and immersive Manaus Village. The afternoon went flying (tasks, meetings, some jokes with your teammates). End it on a high note: celebrating cultural diversity with a Diwali, the Indian festival of lights. 

Tomorrow, you attend a conference led by influential speakers in your industry and, the day after, you will work from home, benefitting from some focus time to complete that report and soft skills course on LinkedIn Learning. Once you are done with your work for the day, strike the right note playing with Natixis band or be part of a board games session. If that is too steady for you, meet your colleagues to catch some waves or sail the Douro river during golden hour.