Market Data Application Consultant

Banc of America Securities is seeking a Market Data Application Consultant for a long-term consulting role focused on Internal Risk. This position will serve as the single point of contact between Procurement, IT Risk, and external market data vendors, ensuring compliance with corporate workflows and risk management policies. The consultant will play a critical role in overseeing market data application Analyst, ensuring all open risk SLAs are met, and facilitating smooth communication between internal teams and third-party vendors., Market Data Application Risk Management

• Ensure all open risk SLAs are met by proactively managing and tracking issues through resolution.
• Work closely with IT Risk teams to ensure applications comply with corporate security policies and regulatory guidelines.

Vendor Management & Corporate Workflow Compliance

• Act as the primary liaison between Procurement, IT Risk, and external market data vendors.
• Manage vendor relationships, ensuring timely delivery of services and compliance with contractual agreements.
• Follow corporate procurement workflows, ensuring all requests, renewals, and approvals meet internal policies.
• Assist in contract negotiations, renewals, and compliance assessments for market data services.

Cross-Functional Coordination

• Collaborate with trading, risk, IT, and finance teams to align market data support with business needs.
• Provide regular status updates and reporting on risk items, SLA compliance, and vendor performance.
• Ensure seamless onboarding of new market data services by coordinating with internal teams and vendors., Corporate Title: Associate Department: Internal Audit Location: New York, NY The base pay range for this position at commencement of employment is expected to be between $130…
• 1 month ago

• 3-6 years of experience in market data application Analysis
• Strong understanding of market data vendors, such as Bloomberg, Refinitiv, ICE, FactSet, and S&P Global.
• Experience in risk management processes, including SLA tracking and corporate workflow compliance.
• Knowledge of IT Risk and Procurement processes in a banking or securities environment.
• Ability to troubleshoot market data application issues, including latency, connectivity, and entitlement problems.
• Strong communication and stakeholder management skills, with experience acting as a liaison between business, IT, and vendors.

• Long-term consulting role with exposure to market data, risk management, and vendor relations.
• Opportunity to work in a dynamic financial environment, supporting critical trading and risk applications.
• Competitive compensation and the chance to collaborate with leading financial professionals.
• Direct involvement in high-impact decision-making related to market data services.