DRW is a technology-driven, diversified principal trading firm. We trade our own capital at our own risk, across a broad range of asset classes, instruments and strategies, in financial markets around the world. As the markets have evolved over the past 25 years, so has DRW – maximizing opportunities to include real estate, cryptoassets and venture capital. With nearly 900 employees at our Chicago headquarters and offices around the world, we work together to solve complex problems, challenge consensus and deliver meaningful results. It’s a place of high expectations, deep curiosity and thoughtful collaboration. 

As a Market Data Administrator, you’ll help manage the firm’s global market data program, including gathering business requirements, acquiring new market data and negotiating related contracts, tracking the firm’s market data inventory and usage, ensuring compliance with exchange policies, and generating required reporting.

Responsibilities:

• Assist internal customers with the acquisition and onboarding of new market data and data content services
• Assist with internal development teams to onboard applications to centralized market data entitlement and inventory systems
• Contribute to the day-to-day management of all Market Data services which includes vendor management
• Process requests to add, cancel or re-assign services due to moves, departures or change in business requirements
• Produce regular scheduled and ad-hoc inventory and cost reporting to all levels of management as requested
• Regularly report on the firm’s market data inventory; generate monthly, quarterly and annual usage reporting and usage declarations to exchanges and third party vendors
• Stay abreast of all market data compliance and reporting requirements; play an active role in providing information to various parties to meet those requirements
• Track exchange policy and pricing changes; communicate changes to internal stakeholders
• Maintaining accurate market data product database containing key data items and functionality commercial and demand management activities
• Contribute to the management of all aspects of the market data contract and invoice lifecycles (Receipt, reconciliation, renewal)
• Support monthly Accounting and Management reporting
• Contribute to the search for cost reductions and savings

 Required Skills & Experience:

• Bachelor’s Degree required
• 2+ years of experience analyzing market data services and compliance
• Knowledge of exchange market data management applications
• Proficiency in Excel required; Tableau experience is a plus
• Proven ability to effectively manage projects and daily tasks
• Strong organizational and time management skills and strong detail orientation
• Excellent written and verbal communication skills
• Must work well in a fast-paced, dynamic work environment