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Market Data Vendor Coordinator

Jane Street seeks a detail-oriented Market Data Vendor Coordinator to join our Data Vendor Management team, where you will contribute to vendor procurement and relationship management.

Skills

  • Vendor management
  • Contract operations
  • Interpersonal skills
  • Inventory system experience

Responsibilities

  • Support daily operations of the Data Vendor Management team
  • Ensure metadata accuracy in the inventory repository
  • Handle invoice and contract workflows
  • Manage subscriptions and user access
  • Build relationships with subscription vendors

Education

  • Bachelor's degree

Benefits

    To read the complete job description, please click on the ‘Apply’ button
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    CEO of Jane Street
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    Sandor Lehoczky
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    What You Should Know About Market Data Vendor Coordinator, Jane Street

    Welcome to Jane Street! We're on the lookout for a Market Data Vendor Coordinator who thrives in a dynamic environment. In this vibrant role nestled in the heart of New York, you'll join our dedicated Data Vendor Management team where your impact will be felt across the globe. Imagine working with a variety of external vendors and collaborating closely with our Legal, Technology, Accounts Payable, and Infrastructure teams. Your main focus will be to support the daily operations of our vendors, ensuring that all metadata is accurately captured in our inventory repository. You will also handle downstream invoice and contract workflows, manage subscriptions, user access, and nurture relationships with our key vendors. If you pride yourself on being organized, detail-oriented, and someone who can juggle competing priorities with grace, this might just be the perfect fit for you! At Jane Street, we value individuals who communicate clearly and are eager to learn. With a bachelor’s degree and 3-5 years of experience in vendor management, this role is designed for a proactive self-starter who loves to think outside the box. Experience with inventory systems like TRG/FITS, MDSL/MDM, or INFOmatch is a bonus. If you're ready to make a difference and support a plethora of exciting projects while working with a diverse team, we’d love to hear from you!

    Frequently Asked Questions (FAQs) for Market Data Vendor Coordinator Role at Jane Street
    What are the main responsibilities of a Market Data Vendor Coordinator at Jane Street?

    As a Market Data Vendor Coordinator at Jane Street, you will play a vital role in supporting the daily operations of the Data Vendor Management team. You will manage vendor relationships, ensure that metadata is correctly captured in our inventory system, and handle essential workflows related to invoices and contracts. This means being actively involved in managing subscriptions and user access while collaborating with various internal teams including Legal and Technology.

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    What qualifications do I need to become a Market Data Vendor Coordinator at Jane Street?

    To qualify for the Market Data Vendor Coordinator position at Jane Street, candidates should possess a bachelor’s degree along with 3-5 years of experience in vendor management or related fields. Strong interpersonal skills, organizational capabilities, and attention to detail are essential. Familiarity with inventory systems such as TRG/FITS, MDSL/MDM, or INFOmatch is beneficial. An eagerness to learn and adaptability in a fast-paced environment are also key traits we seek.

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    How does the Market Data Vendor Coordinator role contribute to Jane Street’s global operations?

    The Market Data Vendor Coordinator role is integral to Jane Street's global operations because it ensures that our data vendor management runs smoothly. By managing relationships and workflows with various international vendors, the coordinator helps maintain efficient data access and quality. This support is crucial for our teams worldwide, allowing them to focus on their projects with the right resources at hand.

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    What soft skills are important for a Market Data Vendor Coordinator at Jane Street?

    For a Market Data Vendor Coordinator at Jane Street, soft skills like excellent communication, teamwork, and adaptability are crucial. You will be working with colleagues from diverse backgrounds and various departments, which requires clear communication and an openness to collaboration. Additionally, being proactive and flexible in supporting a range of projects will set you apart in this role.

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    What kind of work environment can I expect as a Market Data Vendor Coordinator at Jane Street?

    As a Market Data Vendor Coordinator at Jane Street, you can expect a fast-paced yet friendly work environment. Collaboration is key, as you will work closely with different teams and external vendors. The culture encourages innovation and supports your personal and professional growth, making it an exciting place to develop your career in vendor management.

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    Common Interview Questions for Market Data Vendor Coordinator
    How do you prioritize tasks as a Market Data Vendor Coordinator?

    In this role, it's essential to prioritize tasks based on urgency and impact. I would assess ongoing workflows and timelines for vendor contracts and invoices. By utilizing tools and effective communication with my team, I can manage my time well and ensure that no details slip through the cracks.

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    Can you describe a time you successfully managed a vendor relationship?

    Certainly! In a previous role, I worked closely with a subscription vendor to streamline our access to various data sets. I ensured regular communication and transparency during negotiations, which improved our relationship. This approach led to enhanced service and better pricing, showcasing the value of collaboration.

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    What inventory systems have you worked with in your previous roles?

    I have experience with several inventory systems, including TRG/FITS and MDSL/MDM. I've utilized these tools to track vendor information, manage subscriptions, and ensure data integrity, which is critical for the smooth operation of vendor management.

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    How do you handle competing priorities and tight deadlines?

    I approach competing priorities by breaking tasks into manageable steps and assessing their deadlines. I sometimes use project management tools to keep track of progress. By clearly communicating with my colleagues about workload, we can collaboratively ensure that all tasks are accomplished on time without sacrificing quality.

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    What do you think are the most important qualities for a Market Data Vendor Coordinator?

    I believe that strong communication skills, organization, and adaptability are crucial. Additionally, an eagerness to learn and a proactive mindset can significantly enhance the effectiveness of a Market Data Vendor Coordinator in a dynamic environment like Jane Street.

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    How would you approach a difficult conversation with a vendor?

    I believe in addressing difficult conversations with a problem-solving mindset. I'd prepare by gathering relevant information and thinking of potential solutions. By approaching the vendor with a respectful tone and a willingness to understand their perspective, we can often resolve conflicts positively.

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    Describe a project you took from idea to execution.

    In a prior role, I identified an opportunity to streamline our vendor onboarding process. I proposed a streamlined workflow, gathered feedback from stakeholders, and then executed the plan with periodic reviews. This initiative reduced onboarding time by 25%, showcasing the project’s success.

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    What methods do you use to maintain attention to detail?

    To maintain attention to detail, I make it a habit to double-check my work and use checklists for accuracy. I often pause to review data entries against source documents, ensuring everything is correct before final submissions. This practice has helped prevent errors and maintain high standards in my work.

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    How do you stay informed about industry trends?

    I stay informed about industry trends by reading industry-relevant publications, participating in webinars, and engaging in professional networks. I also value discussions with colleagues and vendors as these interactions often provide practical insights and updates on trends affecting our field.

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    What is your approach to collecting vendor feedback?

    I believe that regular feedback is essential for improving vendor relationships. My approach involves scheduling periodic check-ins to discuss performance and gather insights. Additionally, I often create surveys to collect structured feedback, ensuring that we address both qualitative and quantitative aspects of the vendor experience.

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    Jane Street is a global proprietary quantitative trading firm and liquidity provider that employs more than 2600 people in five offices in New York, London, Hong Kong, Amsterdam, and Singapore. We are among the principal market-makers in 2020.

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    DATE POSTED
    April 12, 2025

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