Head of Market Data Management (Financial Markets)

Location: Frankfurt am Main, Germany

Company

hirify.global Group operates financial market infrastructure and multiple businesses across exchanges, trading, clearing, securities services, fund services, and market data.

What you will do

• Lead global sourcing of real-time, delayed, historical, reference, index, ratings, alternative, and derived market data.
• Manage strategic relationships with exchanges, vendors, index providers, rating agencies, brokers, platforms, and other data suppliers.
• Lead vendor negotiations, renewals, commercial reviews, contract optimisation, audits, remediation, and dispute resolution.
• Establish licensing and usage controls across entities, locations, systems, and business lines, covering display, non-display, redistribution, derived data, enterprise, application, and AI/model-related usage.
• Partner with procurement, compliance, finance, technology, and business stakeholders to manage licensing, commercial, contractual, regulatory, and technology risks.
• Oversee market data spend, budgeting, forecasting, vendor cost analysis, renewal planning, savings, contract rationalisation, and the direction of market data administration and governance teams.

Requirements

• At least 6 years of market data management experience within a bank, asset manager, hedge fund, trading firm, exchange, data vendor, or financial services institution.
• Proven experience leading complex vendor negotiations, commercial reviews, renewals, audits, remediation, and dispute resolution.
• Deep understanding of market data licensing, vendor contracts, exchange policies, commercial models, consumption types, licensing rights, audit provisions, liability, redistribution rights, and termination provisions.
• Strong commercial aptitude, including cost management, risk reduction, contractual improvement, and vendor governance, combined with relationship management across business, technology, finance, compliance, procurement, and external vendors.
• Experience operating across multiple business lines, legal entities, and jurisdictions, and leading or influencing teams without direct reporting lines.
• Strong understanding of market data governance, controls, usage monitoring, entitlement management, inventory management, and reporting.
• Ability to communicate complex licensing, legal, commercial, technical, and operational issues to senior management.
• Experienced team leadership, excellent organisation, adaptability, problem-solving skills, attention to detail, and ability to work under pressure and meet deadlines.

Nice to have

• Financial market data licensing certification, such as FISD Data Licensing Specialist, Financial Information Associate, or equivalent.

Culture & Benefits

• Work within Group Data and partner directly with the Group Chief Data Officer on enterprise data strategy.
• Contribute to the development of a group-wide data mesh and data governance capabilities.
• Support improved access to governed data for decision-making, AI, automation, and commercialisation.
• Collaborate across eight business units and with senior stakeholders across the organisation.