Associate, Market Data

About the Role

Work as a Market Data Administrator under the responsibility of the Market Data Administration Competency Center India.

Key Responsibilities

• Invoice analysis: Check market data invoices against contract conditions using the MDM database and AIP module.
• Follow up with suppliers and finance on unpaid invoices.
• Manage the finance tool to ensure invoices are booked and redirected to the correct approval workflow for payment.
• Provide allocation keys to finance.
• Accruals/deferrals process: Manage accruals/deferrals for market data, respecting strict deadlines imposed by Finance.
• Provide a quarterly report to Finance detailing market data costs split across different cost centers.
• Inventory management: Maintain the MDM database with up-to-date user lists and contracts, receiving input from business units, the Global Market Data Procurement team, the market data exchange team, or market data suppliers. The goal is to establish a global inventory system that provides a view of total market data costs for the BNP Paribas Group.
• Request management: Handle all requests for market data accesses, indices, site-fee based licenses, etc., adhering to business cost approval procedures and using RPM.
• Vendor Reporting: Perform usage reporting for concerned exchanges used by the bank.

Requirements & Tech Stack

• Market, product & business knowledge: Genuine interest in financial markets and continuous learning of new developments.
• Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool is a plus.
• Background in Market Data, Administration, or Finance & Accounting.
• Experience in Project Management, specifically being part of large and/or diverse projects.
• Proficient in PowerPoint and Excel.
• Strong knowledge and understanding of finance systems and invoice processes.
• Results-driven & detail-oriented: Delivers high-quality, high-impact work.
• Strong organizational skills: Ability to multitask and prioritize based on potential impact.
• Capacity to analyze issues, prioritize based on potential impact, synthesize findings, and communicate them effectively; ability to rapidly propose solutions.
• Excellent interpersonal skills: Ability to professionally liaise with all levels of staff and management.
• Flexible, enthusiastic, and hands-on approach.
• Proven ability to work autonomously.
• Languages: Hindi, English. French will be a real advantage.

Qualifications

• Excellent academic background, at least to degree level.
• Master’s Degree in Business Administration (if required).
• Strong team management experience.

Behavioral Skills

• Critical thinking
• Attention to detail / rigor
• Ability to collaborate / Teamwork
• Creativity & Innovation / Problem solving

Transversal Skills

• Ability to develop and adapt a process
• Ability to understand, explain and support change