Maven - Head of Market Data

• Data Strategy & Leadership • Development and ownership of Maven's overarching Market Data Strategy, including a roadmap for data sourcing, cost management, vendor diversification, and alignment with business growth objectives; • Understanding the distinct market data requirements across Maven's business areas, including discretionary trading, systematic/quantitative trading, and options market making; • Defining and tracking KPIs for the market data function, reporting progress to senior management; • Acting as Maven's subject matter expert and internal advisor on all market data matters. • Process Improvement & Operational Excellence • Review and optimisation of existing market data processes, workflows, and governance frameworks, identifying inefficiencies and implementing improvements; • Complete management of monthly data reporting, annual licensing, and exchange audits, collaborating with technology to achieve automation where possible; • Management of Maven's data catalogue, raising its profile with business users as a tool to review available data sets; • Understanding technical, industry, regulatory, trading, and business operations detail and its impact to support business decision-making. • Creation of a data inventory for use by Maven staff, indexing all data usage across the business • Commercial & Vendor Management • Deep technical understanding of market data licensing across all global exchanges that Maven is active on; • Negotiation and management of all market data vendor contracts, ensuring commercially optimal terms; • Identifying opportunities to achieve cost optimisation and enhance service levels; • Ownership and management of the market data budget, including forecasting, tracking spend, and reporting to senior management; • Establishing, maintaining, and developing relationships with industry contacts and key third-party data vendors; • Evaluation and procurement of alternative data sources (e.g., sentiment data, satellite data, web-scraped data) to support quantitative and systematic trading strategies; • Proactively identifying further opportunities for new and alternative data sets and their possible use cases within Maven. • Governance, Risk & Compliance • Ensuring compliance with all market data licensing obligations, regulatory requirements, and internal governance standards; • Management of market data-related risks including licensing non-compliance, audit exposure, and contractual obligations; • Deep understanding of Maven's use and interaction with all types of data, ensuring appropriate controls and documentation are in place. • Stakeholder Management & Collaboration • Stakeholder management across Trading Desks, Technology/Engineering, Legal, Compliance, and Finance; • Coordination of market data-related communication and collaboration with trading, development, and operational teams globally across the organisation; • Attendance at industry events, conferences, and meetings to build business intelligence and maintain contacts. • Candidate Specifications: • At least 7 years' experience gained within market data policy and licensing at a data or technology vendor, proprietary trading firm, exchange, fund manager, audit or due diligence firm, or management consultancy; • Proven track record of negotiating complex data licensing agreements with major vendors (e.g., Bloomberg, LSE/Refinitiv, ICE, CME); • Demonstrable experience of building or significantly improving a market data function, including strategy development and process improvement; • Experience with data management platforms, market data inventory tools (e.g., TRG Screen, Alveo), or equivalent. • Experience leveraging AI and machine learning tools to enhance data management processes, automate workflows, or support data-driven decision-making. • Knowledge: • Excellent knowledge in market data policy and licensing, plus at least one of the following key areas: • I.T. operations and infrastructure • Financial products, particularly equities, futures, and options • Securities exchanges • Compliance and regulation • Legal contract review