Associate, Market Data Services

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Location

New York, New York

Team

Data Management

Job Requisition #: R262415

Date posted: Apr. 16, 2026

Job description

About this role BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of March 31, 2018, the firm managed approximately $6.317 trillion in assets on behalf of investors worldwide.

Team Overview

Index and Data Solutions (IDS) provides relationship management, operations management and vendor risk management for all index and market data services in use by the firm. The mission of IDS is to deliver the industry expertise, strategic partnership and timely execution of index and market data solutions that are critical to BlackRock’s growth. The team is divided into three key areas:

The Relationship Management team is responsible for engaging with key internal stakeholders to ensure consistent alignment with business strategy so that we can provide the best index and market data solutions while optimizing costs and average time to market for new product offerings. The team is also responsible developing relationships with key market data and index vendors to track new service offerings, market trends and extract the greatest value from existing contracts and relationships.

The Operations Management team handles requests for new or changed access to services, chargeback reporting, contract administration, market data invoice processing and general inquiry handling for index and market data services.

The Vendor Risk Management function ensures that initial due diligence is performed for all new vendors and that ongoing performance management is performed regularly to limit risk to the firm while ensuring the satisfactory delivery of service by our providers.

Role Responsibility

  • Support and/or drive market data contract negotiations for BlackRock’s Aladdin business, including review and analysis of licensing terms, usage rights, and commercial provisions.
  • Advise internal business partners on market data licensing requirements and constraints associated with new initiatives, product enhancements, and client use cases.
  • Partner with cross‑functional stakeholders—including Data, Legal, Finance, and Product—to support delivery of compliant, scalable data solutions for Aladdin clients.
  • Develop and maintain a strong working knowledge of the market data industry and vendor landscape to support negotiations, advisory activities, and risk assessment.
Experience
  • Minimum of 3–6 years of relevant professional experience, preferably within market data, financial services, or a FinTech environment.
  • Prior experience negotiating market data and/or FinTech contracts, including analysis of licensing terms, usage rights, and commercial structures.
  • Demonstrated understanding of market data usage in modern technology environments, including cloud‑based architectures, streaming technologies (e.g., Kafka), and emerging AI use cases.
  • Strong analytical skills with the ability to synthesize information from multiple sources and deliver clear, high‑quality work product.
  • Proven ability to work independently in a fast‑paced environment, with strong organizational skills, attention to detail, and the ability to manage and prioritize multiple initiatives concurrently.
  • Excellent interpersonal skills, with the ability to build and maintain effective working relationships with internal stakeholders and external data providers.
  • Strong written and verbal communication skills, with the ability to clearly articulate requirements, perspectives, and analyses, and to provide well‑reasoned recommendations to internal stakeholders.
  • Advanced proficiency in Microsoft Excel and PowerPoint.
For New York, NY Only the salary range for this position is USD$110,000.00 - USD$140,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboratio
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