What are the responsibilities and job description for the Market Data Risk Applications Analyst / Third-Party Risk position at CERNER TECHNOLOGIES LLC?
Location: Jersey City, NJ Hybrid
Duration: 12 Month Contract
Interview: Video
Experience: 3 6 Years
Industry: Capital Markets / Banking / Securities
We are seeking a Market Data Risk Applications Analyst / Consultant with recent hands-on experience supporting Market Data Risk and Third-Party Risk initiatives within a Capital Markets, Banking, or Securities environment.
The consultant will act as a key liaison between Procurement, IT Risk, business stakeholders, and external market data vendors, with responsibility for managing application risk items, tracking risk SLAs, supporting third-party risk processes, and ensuring compliance with corporate security policies and internal workflows.
Candidates with backgrounds in Market Data Application Analysis, Market Data Risk, Third-Party Risk, or Project Management may be considered, provided they have recent experience managing Market Data Risk initiatives within Capital Markets.
Key Responsibilities-
Manage and monitor Market Data application risk items and ensure open risk SLAs are addressed within required timelines.
-
Partner with IT Risk teams to ensure market data applications comply with corporate security policies, controls, and risk requirements.
-
Serve as a key liaison between Procurement, IT Risk, business stakeholders, and external market data vendors.
-
Support Third-Party Risk Management (TPRM) activities, including vendor risk assessments, compliance reviews, remediation activities, and corporate workflows.
-
Manage relationships with major market data vendors and coordinate issue resolution, renewals, approvals, and service requests.
-
Support procurement processes, including vendor onboarding, contract renewals, compliance assessments, and internal approvals.
-
Collaborate with Trading, Risk, Technology, Procurement, and Finance teams within a Capital Markets environment.
-
Track and report risk items, SLA compliance, remediation status, dependencies, and vendor performance.
-
Support the onboarding and integration of new market data services and applications.
-
Troubleshoot or coordinate the resolution of market data application issues involving connectivity, latency, entitlements, access, and vendor services.
-
Ensure timely communication and escalation of critical risks, issues, and dependencies to relevant stakeholders.
-
Maintain accurate documentation and status reporting for risk, vendor, and market data initiatives.