Market Data Manager

Optiver - Chicago, IL

Full-time - Senior

Chicago, IL

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Market Data Manager at Optiver is responsible for overseeing the U.S. market data footprint, managing the lifecycle of market data projects, and ensuring the effective use of market data to support trading strategies. This role requires collaboration with various teams to align market data practices with organizational goals and compliance standards.

Responsibilities

• Manage and oversee the U.S. Market data footprint at both a strategic and tactical level.
• Own and drive market data-related projects in alignment with the company's goals.
• Identify, evaluate, and select external market data sets that enhance specific trading strategies.
• Provide high level technical guidance on how market data solutions should be utilized within the company.
• Develop and maintain relationships with external data vendors and partners.
• Provide training and mentorship to junior team members on core market data topics.
• Liaise regularly with internal stakeholders, including trading, compliance, and IT teams, to ensure smooth integration of market data practices.
• Ensure that market data practices align with compliance standards and monitor data usage.
• Contribute to the creation and application of market data quality and governance frameworks.
• Support data governance by contributing to data quality initiatives.

Requirements

• 10+ years of relevant market data analysis experience.
• Strong market data analysis and financial markets skills, particularly in use cases related to utilization of market data within trading firms.
• Detailed knowledge of both core and alternative market data sets, including security master data, pricing, reference data, and alternative data across all markets.
• Proficiency in high-frequency trading systems and their technical integration with market data.
• Deep understanding of market data management practices and platforms.
• Tenured experience in managing external data vendor and exchange relationships.
• Competence in handling complex data compliance considerations.

Benefits

• 25 paid vacation days and market holidays
• Fully paid commuting expenses
• Health insurance
• Daily breakfast and lunch
• Training opportunities
• 401(k) match up to 50%
• Charitable match opportunities
• Regular social events and clubs