Market Data Services (MDS) Financial Analyst – Senior Consultant

As a Senior Consultant within our Capital Markets practice, you will play a key role in the financial administration, governance, and operational management of the firm's global Market Data Services (MDS) environment. You will oversee the financial processing of approximately 8,500 vendor and exchange invoices annually while supporting budgeting, forecasting, financial reporting, inventory governance, and platform administration.

Working closely with Vendor Managers, Exchange Managers, Finance, Accounts Payable, Technology, Compliance, and business stakeholders, you will help ensure market data services are accurately billed, governed, optimized, and aligned with regulatory and financial controls.

• →Manage market data financial operations, including invoice reconciliation, billing validation, accruals, forecasting, budgeting, financial reporting, and General Ledger allocation across a global vendor portfolio.
• →Maintain and administer the Market Data Management (MDM) platform, ensuring inventory accuracy, entitlement administration, service ownership, regulatory reporting, onboarding/offboarding activities, and operational governance.
• →Partner with internal stakeholders and external vendors to resolve billing discrepancies, validate contracts and pricing, support audits, and improve financial transparency and cost management.
• →Produce recurring and ad hoc management reporting, spend analysis, variance reporting, operational metrics, and insights to support business and Finance decision-making.
• →Contribute to continuous improvement initiatives that enhance market data governance, financial controls, operational efficiency, and overall service quality.

• 3–7+ years' experience in market data administration, financial operations, accounting, billing, vendor management, or a related financial services environment.
• Strong financial analysis skills with experience in budgeting, forecasting, accruals, reconciliations, variance analysis, and high-volume invoice processing.
• Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, together with experience using Market Data Management platforms (FITS preferred) and ERP/Accounts Payable systems such as PeopleSoft.
• Excellent analytical, organizational, communication, and stakeholder management skills, with the ability to manage multiple priorities in a fast-paced environment.
• A collaborative, detail-oriented professional who is committed to delivering high-quality financial governance and operational excellence.

• Experience within investment banking, capital markets, or other financial services organizations.
• Knowledge of exchange reporting requirements and market data compliance obligations.
• Experience supporting market data inventory governance, financial controls, and cost optimization initiatives.

We're committed to making our recruitment process accessible and straightforward for everyone. If you need any adjustments at any stage, just let us know – we'll be happy to help. We value each person's unique perspective and contribution. At Capco, we believe that being yourself is your greatest strength. Our #BeYourselfAtWork culture encourages individuality and collaboration – a mindset that shapes how we work with clients and each other every day.

At Capco, we use artificial intelligence (AI) tools to support and enhance several parts of talent acquisition. This includes using AI-enabled features within LinkedIn to help source potential candidates, speeding up routine recruitment communications such as emails and creating compelling and brand-aligned job postings that accurately reflect role requirements, and AI-scheduling applications to improve the efficiency of interview coordination.

AI is used as a support tool only. All hiring decisions are made by talent acquisition and hiring teams.

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