What are the responsibilities and job description for the Associate - Market Data Specialist position at Lazard?
Job Description
Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development, and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure, and embrace of individual perspectives allow creative ideas and original thinking to drive our business forward.
Lazard is seeking a Market Data Specialist to join the Global Information Services (GIS) function. This person will be responsible for the procurement and enablement of market data and research tools for the firm. Responsibilities include partnering directly with bankers, coordinating stakeholders and other support teams, managing a portfolio of vendors across different geographies, negotiating new and existing vendor contracts, identifying savings opportunities, and supporting regular business reviews to ensure operational continuity.
We’ll Trust You To
We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.
We expect the base salary range for this role to be approximately $100,000 - $130,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, and relevant skills for the role. Base salary is one component of Lazard’s compensation package, which also includes comprehensive benefits and may include incentive compensation.
Representation at Lazard
Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing, and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences, and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively, and make better decisions.
Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.
Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development, and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure, and embrace of individual perspectives allow creative ideas and original thinking to drive our business forward.
Lazard is seeking a Market Data Specialist to join the Global Information Services (GIS) function. This person will be responsible for the procurement and enablement of market data and research tools for the firm. Responsibilities include partnering directly with bankers, coordinating stakeholders and other support teams, managing a portfolio of vendors across different geographies, negotiating new and existing vendor contracts, identifying savings opportunities, and supporting regular business reviews to ensure operational continuity.
We’ll Trust You To
- Manage the lifecycle of market data agreements
- Add meaningful value by making existing tools, content, and relationships work harder and smarter for the business
- Cultivate strategic relationships with internal stakeholders and external vendors to manage global market data subscriptions and specialty product needs
- Evaluate emerging data products and AI-enabled platform features, assessing licensing implications and suitability for the Financial Advisory workflow
- Identify and remediate risk issues in partnership with legal, compliance, and technology teams to ensure data licenses are fit for use
- Participate in budgeting, allocation, and forecasting processes
- At least 4 years of work experience managing market data, external content, or online database portfolios in a financial services environment
- Experience with core financial data platforms (FactSet, S&P Capital IQ, Bloomberg, Refinitiv/LSEG, PitchBook, etc.)
- Awareness of AI-powered features being embedded across major data platforms, and the ability to assess licensing and use-case implications
- A self-starter mindset, and be capable of managing competing priorities while delivering accurate work in a timely manner with minimal oversight
- Proven ability to negotiate and influence complex vendor conversations both internally and externally to drive successful outcomes for the firm
- A working knowledge of data governance principles, entitlements management, and licensing compliance in an investment banking or advisory context
- Familiarity with cross-border licensing requirements, applicable to European operations
We strive to enhance the total health and well-being of our employees through comprehensive, competitive benefits. Our goal is to offer a highly individualized employee experience that enables you to balance your commitments to career, family, and community. When you work for Lazard, you are working for an organization that cares about your unique talents and passions, and will continue to invest in the development of your career.
We expect the base salary range for this role to be approximately $100,000 - $130,000 USD. Various factors contribute to determining the actual base compensation offered, including but not limited to the applicant’s years of relevant experience, career tenure, qualifications, level of education attained, certifications or other professional licenses held, and relevant skills for the role. Base salary is one component of Lazard’s compensation package, which also includes comprehensive benefits and may include incentive compensation.
Representation at Lazard
Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing, and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences, and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively, and make better decisions.
Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.
Salary : $100,000 - $130,000