yoinka

Vice President, Market Data Services

BlackRock

New York, NYStaff
Sign in to applyVerified 2h ago
Location
New York, NY
Work model
On-Site
Level
Staff
Posted
19h ago

About this role

About this role Vice President, Market Data Services – Relationship Manager About This Role The Index & Data Solutions (IDS) team is responsible for the firm's index and market data strategy and the ongoing management of relationships with market data, index, pricing, ratings, and alternative data providers. IDS delivers the industry expertise, strategic partnerships, and timely execution of solutions essential to the firm's growth. We source market data and index solutions across the organization, govern market data spend, drive vendor risk management programs, and act as data stewards to help ensure compliance throughout the data lifecycle. Our team partners closely with investment teams, Private Markets, Infrastructure, technology, legal, procurement, risk, and operational stakeholders to provide the right data solutions while optimizing commercial outcomes and managing risk. We are seeking a Vice President, Market Data Services – Relationship Manager to join the Relationship Management team. Working in a fast-paced and highly collaborative environment, the individual will act as a trusted partner to business stakeholders, supporting the evolving data needs of investment teams across multiple asset classes and regions, leading provider engagements, negotiating complex commercial agreements, and helping shape the firm's evolving data strategy.The successful candidate will combine commercial expertise, relationship management, contract negotiation, market intelligence, and strategic sourcing capabilities to deliver value across a broad range of internal and external stakeholders.

Team

Overview The Index & Data Solutions (IDS) team provides relationship management, operations management, and vendor risk management for all index and market data services used across the firm. The team is organized into three core functions: Relationship Management Responsible for partnering with business stakeholders to align market data and index strategies with business objectives, while managing commercial relationships with strategic providers and identifying opportunities to optimize value and service delivery. Operations Management Responsible for onboarding and access requests, contract administration, chargeback reporting, invoice processing, governance support, and day-to-day service management. Vendor Risk Management Responsible for vendor due diligence, ongoing oversight, and risk mitigation activities to ensure providers deliver services in line with firm expectations and governance requirements.

Key Responsibilities

As a Relationship Manager within IDS, you will: Serve as a trusted advisor to investment teams, Private Markets, Infrastructure, and other business stakeholders on market data, index solutions, and data strategy. Develop strong internal partnerships across the organization to execute effective sourcing and negotiation strategies. Build and manage strategic relationships with market data, index, pricing, ratings, and alternative data providers. Lead negotiations of complex commercial agreements in partnership with Legal and business stakeholders, securing favorable commercial terms while mitigating risk to the firm. Develop and execute strategic sourcing initiatives through market analysis, supplier consolidation, demand management, and process improvement opportunities. Interpret and communicate contractual rights, obligations, usage permissions, and compliance requirements to stakeholders across varying levels of seniority. Work with business partners to support new investment capabilities, product launches, and evolving data requirements. Drive commercial value by identifying opportunities to optimize market data expenditure, improve transparency, and enhance service delivery. Hold providers accountable for contractual commitments, operational performance, service quality, and escalation management. Manage contract lifecycle activities, including contract renewals. Assist with the maintenance of accurate vendor,

Vice President, Market Data Services at BlackRock, New York, NY | Yoinka