Director, Market Data
New York Life Insurance CoAbout the role
Location Designation: Hybrid - 3 days per week
New York Life Investments, a leading global asset management firm with $785 billion in assets under management, is seeking a dynamic and meticulous professional to join our Market Data & Tech Vendor Management team. This team plays a crucial role in partnering with key business stakeholders across New York Life to ensure robust governance and operational support. Transparency in our Market Data & Tech Contracts, Use Cases, and Use Rights is essential for driving our governance program's success. We are looking for someone with a solid foundation in the financial industry and a strong passion for learning and growth.
What You’ll Do:
- Governance Program Oversight: Partner with the Director of Market Data & Tech Vendor Management to manage our governance program and roadmap. This includes tracking deliverables, facilitating communications, and preparing presentations.
- Vendor Management : Partner with the Director of Market Data & Tech Vendor Management to oversee vendor relationships and serve as the primary liaison between vendors and business stakeholders to ensure delivery on strategic and operational needs.
- Transparency : Partner with the Director of Market Data & Tech Vendor Management to enhance our data management processes and maintain a suite of reports tailored to the needs of our governance members.
- Cost Management : Support efforts to rationalize and optimize spend across NYL and its global affiliates, identifying opportunities for efficiency and cost savings.
- Contractual Compliance : Educate internal users on market data licensing restrictions and ensure that all agreements align with business use cases and compliance standards
- Centralized Process Expansion: Promote and implement a centralized Vendor Management Operations model across boutiques for Market Data, Technology, and other third-party vendor relationships.
- Best Practices Development: Document, refine, and implement best practices to ensure the integrity, consistency, and efficiency of data, reporting, and operational processes.
- Metrics Management: Develop and maintain quantitative and qualitative metrics to track and evaluate the performance and effectiveness of operational activities.
What You’ll Bring:
- Educational Background: A bachelor’s degree with at least 3 years of experience in market data vendor management
- Technical Proficiency: Strong skills in Microsoft Outlook and Excel. Experience with PowerPoint and Power BI is highly desirable.
- Data Enthusiasm: A genuine passion for data and a keen interest in leveraging it to support business objectives and achieve goals.
- Project Management: Proven ability to manage projects and deliver tangible results.
- Attention to Detail: Meticulous attention to detail and a commitment to maintaining high standards.
- Relationship Building: Strong relationship-building skills to effectively collaborate with diverse stakeholders.
- Transparency and Communication: Transparent and open communication style, comfortable addressing issues directly and constructively.
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Pay Transparency
Salary Range: $112,000-$140,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Company Overview
At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communities—inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you’ll find the rare balance of long-standing
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