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Market Data Lead

Wellington Management - Boston, MA

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Job Description

Lead, Market Data Services Tracing our roots to 1928, Wellington Management Company, LLP is one of the world's largest independent investment management firms. With US$1 trillion in assets under management as of 30 September 2018, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative, and inclusive culture because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise. The Lead, Market Data Services will be a strategic leader within Wellington Management's Market Data Services team. This role is responsible for driving the delivery of high-impact, cost-effective market data solutions while ensuring operational excellence and compliance. The ideal candidate will bring deep expertise in market data management, strong vendor negotiation skills, and the ability to lead cross-functional initiatives that align with the firm's business priorities. Responsibilities include: Lead the execution and continuous improvement of the firm's market data program ensuring alignment with business needs. Oversee the full lifecycle of market data changes including onboarding, renewals, cancellations, and modifications, ensuring minimal disruption and maximum value. Manage inventory systems and invoice workflows with precision, ensuring accuracy, timeliness, and compliance with budgetary targets. Own relationships with key market data providers, lead contract negotiations, and monitor vendor performance to ensure service quality and value. Ensure accurate reporting of exchange data usage in accordance with licensing agreements and regulatory requirements. Serve as a key point of contact for investment teams and business units, providing expert guidance and support for market data needs. Maintain and improve systems such as Optimize Spend (FITS) and ServiceNow to support workflow efficiency and data integrity. Contribute to the annual budgeting process through detailed usage analysis, cost forecasting, and strategic recommendations. Promote effective use of market data tools through user training and support, driving adoption and maximizing ROI. Qualifications include: Deep financial and market data services expertise with demonstrated leadership in managing complex vendor relationships. Strong knowledge of market data vendors (e.g., Bloomberg, FactSet, LSEG, ICE) and licensing structures; familiarity with exchange rules and reporting requirements. Prior experience with Optimize Spend strongly preferred. Experience with Power BI, Tableau and ServiceNow is a plus. Excellent verbal and written communication skills with the ability to influence stakeholders and bridge business and technical needs. Proven ability to lead initiatives, drive process improvements, and collaborate across departments in a fast-paced environment. High attention to detail with a disciplined approach to data management and operational execution. Proactive and resourceful with a strong commitment to continuous improvement and delivering high-quality outcomes. Experience with soft dollar regulations and procedures a plus We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

Created: 2026-03-17

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