Market Data Senior Officer – Platform Administrator

Company Description

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, where it applies technology for the development of financial expertise in its two global business lines – Corporate & Investment Banking and Asset & Wealth Management – and, transversally, for the entities of Groupe BPCE.

The Centre of Expertise, based in Porto, currently has more than 2,400 employees from over 30 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group. The project in Porto is one of the biggest investments in Human Resources ever made by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

In 2024, Top Employers Institute has awarded Natixis in Portugal the Top Employer Portugal accreditation for the second time. This certification recognizes excellence in people practices, following the example of our head office, in France, who was certified Top Employer France for the eight year in a row.

Job Description

At CIB, our banking operations are underpinned by a comprehensive range of market data (MD), which includes both financial and non-financial information. This data encompasses key characteristics of financial instruments, fundamental analyses, ratings, and Environmental, Social, and Governance (ESG) factors. Such insights are crucial for the Corporate & Investment Banking and Asset Management divisions, enabling the organization to maintain a competitive edge in the dynamic financial landscape.

The market data team is responsible for ensuring seamless access to this vital market data for all users across the globe, facilitating their activities. Additionally, the team monitors data usage to optimize efficiency and compliance with regulatory standards.

Role Overview

Business Analyst with > 5 years of experience, capable of managing a subject independently under the supervision of Market Data experts in Paris. A good understanding of IT and business processes is necessary (project management, controls, knowledge of the banking environment, and more specifically investment banking).

Context

Market regulations require the recording and monitoring of electronic communications from certain users for the purpose of preventing market abuse or investigating initiated offenses.

Regarding messaging systems that convey trading information (Bloomberg messaging, Refinitiv, ICE, etc.), the processing is currently fragmented among several parties (Market Data for contract management, Compliance and Surveillance for specifications and operations, BPCE IT for IT aspects). Natixis CIB wishes to establish a comprehensive view of this process.

It has been decided to create a new role within CIB (Corporate and Investment Banking) called "Platform Administrator," whose purpose will be to ensure this vision and connect the stakeholders.

Compliance and Regulatory Knowledge

• Record-keeping mandates: understanding of requirements for message archiving, data retention periods, audits etc.
• Data privacy laws: Awareness of cross-border data sharing and privacy laws.
• Reconciliation of vendor user lists, accounts etc. ensuring all the user messaging profiles are archived at the account level and user levels for any future reference or audit purposes.
• Ensure any leavers having access to any messenger platforms access are removed immediately without delays.
• Familiarity with financial regulations: MiFID II, GDPR, FINRA & other regulatory requirements will be an added advantage.

Market Data Expertise

• Platform knowledge: Expertise in Bloomberg IB, Reuters Eikon Messenger, ICE etc. and any other messaging tools used in financial markets.
• Data usage policies: Understanding vendor license agreements, T&C´s and compliance terms related to data consumption and sharing.
• Market data workflow: Familiarity with market data distribution and vendor reporting obligations as per their policies.
• Record-keeping systems: Experience in archiving tools like Bloomberg Vault, Global Relay, Refinitiv, ICE Messenger etc.
• APIs and integrations: Understanding of API us