Market Data Optimisation – Pricing and Reference Data Lead (12 month Fixed Term Contract)
Join to apply for the Market Data Optimisation – Pricing and Reference Data Lead (12 month Fixed Term Contract) role at Legal & General. Legal & General (L&G) is a leading UK financial services group and major global investor, safeguarding people’s financial futures since 1836 and building a better society while improving the lives of its customers and creating value for shareholders. We are one of the world’s largest asset managers, providing powerful asset origination capabilities across pension risk transfer, life insurance, and retirement income.
Job Description
We’re currently hiring a Market Data Optimisation – Pricing and Reference Data Lead to join L&G Asset Management Data Operations Team on a 12‑month fixed‑term contract. You’ll manage all aspects of licensing and commercial relationships with vendors of security pricing data across the firm in a BAU capacity, ensuring the organisation’s use of security pricing data is compliant, cost‑effective, and aligned with business strategy.
What you’ll be doing
Lead end‑to‑end negotiation and renewal of vendor licenses for all the firm’s security pricing data.
Assess commercial models, usage rights, and redistribution implications for internal and external use cases.
Ensure alignment with the LGIM Pricing & Reference Data strategy and fully leverage existing contracts.
Support new product development and new business initiatives by gathering all pricing data requirements and leading vendor analysis and selection.
Ensure compliance with applicable regulations and internal data governance frameworks.
Partner with Legal, Compliance, and Procurement to align contractual terms with organisational policies and regulatory expectations, maintaining centralised records of all security pricing data licences, usage rights, and renewal schedules.
Act as the primary liaison between the firm and major vendors of pricing data (e.g., Bloomberg, ICE).
Analyse vendor spend for security pricing, identify duplication, and propose rationalisation or enterprise models to optimise total cost of ownership, supporting budgeting and forecasting for security pricing data within enterprise cost‑management frameworks.
Qualifications
Proven experience in market data or vendor management within asset management or investment banking.
Proven ability to negotiate complex data contracts and manage high‑value vendor relationships.
Familiarity with EU/UK market data regulations and data‑usage compliance frameworks.
Excellent stakeholder‑management and communication skills with the ability to influence at senior levels.
Strong analytical and financial‑modelling capability (Excel, Power BI, or equivalent).
Experience with market‑data inventory and rights‑management tools (e.g., FITS, MDM, TRG, or EDM Council models).
Degree in Finance, Economics, or a related discipline; professional qualifications (FIA, CFA, or CMI) advantageous.
Benefits
The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes.
Generous pension contribution.
Life assurance.
Healthcare plan (permanent employees only).
At least 25 days holiday, plus public holidays, 26 days after 2 years’ service; option to buy and sell holiday.
Competitive family leave.
Participation in our electric car scheme, offering employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice (permanent employees only).
Wide range of discounts on our own products and at high‑street stores and online.
We maintain modern, collaborative offices designed with wellbeing at the heart.
Additional Information
At L&G we believe it’s possible to generate positive returns today while building a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing, we empower initiatives that support career development and excellence. We are open to discussing flexible working options, including part‑time, term‑time, and job shares, accommodating requests when possible.
Seniority level
Not applicable
Employment type
Full‑time
Job function
Finance
Location
London, England, United Kingdom
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