RBC

Associate Director, Market Data Analyst - COO Group

RBC · Halifax, Nova Scotia, Canada

Banking · 10,001+ employees

20 h ago
Senior (5-10 yrs) Full-time Canada
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About the role

The Market Data Analyst manages the end-to-end lifecycle of market data, including vendor management, cost optimization, and data governance. They partner with cross-functional teams to ensure data accuracy, compliance, and alignment with enterprise strategy.

What they look for

Market Data Management Vendor Management Data Governance Capital Markets Business Analysis SQL Excel Power BI Tableau Data Quality Licensing Compliance Cost Optimization Metadata Management Stakeholder Management Financial Analysis Regulatory Reporting

Requirements

Candidates must possess a bachelor's degree in a relevant field and 5-10 years of experience in market data or capital markets data management. Strong proficiency in SQL, Excel, BI tools, and deep knowledge of market data vendor ecosystems are required.

Full description

Job Description

What is the opportunity?

The Market Data Analyst is responsible for managing the business lifecycle of market data, including vendor management, data governance, licensing, quality, inventory, usage analytics, and cost optimization. The role partners with business stakeholders to ensure market data is accurate, governed, compliant, and aligned with enterprise strategy.

What will you do?

  • Manage the end-to-end market data lifecycle across all Capital Markets businesses.
  • Analyze business requirements for new market data products and vendor services.
  • Partner with Trading, Risk, Finance, Procurement, Compliance, and Technology teams to understand market data needs.
  • Maintain enterprise inventory of market data vendors, datasets, licenses, and subscriptions.
  • Perform market data usage analysis and identify opportunities for vendor consolidation and cost optimization.
  • Define business metadata, data definitions, ownership, stewardship, and governance standards.
  • Monitor data quality, completeness, timeliness, and accuracy across market data assets.
  • Coordinate onboarding of new market data vendors and datasets.
  • Support vendor contract renewals, licensing compliance, and entitlement reviews.
  • Produce executive dashboards for market data spend, vendor performance, usage trends, and data quality KPIs.
  • Partner with Data Governance teams to maintain business glossary, metadata, lineage, and catalog information.
  • Support regulatory reporting and audit requests related to market data.
  • Drive AI readiness through standardization, classification, and documentation of market data assets.
  • Document business processes, operating models, and governance procedures.
  • Recommend strategic improvements to enhance market data quality, accessibility, and operational efficiency.

What do you need to succeed?

  • Bachelor's degree in Finance, Economics, Information Systems, Engineering, or related discipline.
  • 5–10 years of experience in Market Data, Reference Data, Business Analysis, or Capital Markets Data Management.
  • Strong understanding of Bloomberg, LSEG/Refinitiv, ICE, FactSet, S&P Global, and exchange data.
  • Experience with market data licensing, vendor management, and entitlement models.
  • Strong SQL and Excel skills; familiarity with BI tools such as Power BI or Tableau.
  • Knowledge of data governance, metadata management, and data quality frameworks.
  • Excellent analytical, communication, and stakeholder management skills.

Must-Haves

  • Deep understanding of Capital Markets market data, vendor ecosystems, and licensing models.
  • Strong business analysis, data governance, and stakeholder management capabilities with experience driving market data optimization and cost reduction

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:

TorontoCountry:

CanadaWork hours/week:

37.5Employment Type:

Full timePlatform:

CAPITAL MARKETSJob Type:

RegularPay Type:

SalariedPosted Date:

2026-08-05Application Deadline:

2026-10-01Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.