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About Invesco

Invesco is one of the world’s leading independent global investment firms, dedicated to rethinking possibilities for our clients and delivering the combined power of our investment management capabilities.

What’s in it for you?

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with discretionary supplemental contribution
• Health & wellbeing benefits
• Parental leave benefits
• Employee stock purchase plan

Job Description

The Senior Manager, Market Data Services is a senior leadership role responsible for the strategic management, commercial oversight (sourcing & negotiating), and governance of market data services across the firm. This position has primary accountability for the Index, Exchange, and Ratings Data portfolio, one of the three core pillars within Market Data Services (alongside Real-Time Data and Analytics & Desktop Data). The role partners with global investment teams, technology, procurement, legal, finance, and senior leadership to ensure market data solutions are fit‑for‑purpose, commercially optimized, compliant with licensing terms, and aligned to business strategy.

Key Responsibilities / Duties

• Own the global Index, Exchange, and Ratings Data portfolio, including strategy, delivery, and commercial oversight.
• Define and execute portfolio roadmaps aligned to investment, risk, operations, and regulatory needs.
• Lead senior vendor relationships with index providers, exchanges, and ratings agencies.
• Source and negotiate enterprise contracts, pricing, licensing terms, and usage rights.
• Manage global market data budgets, forecasting, and financial reporting for assigned data domains.
• Drive cost optimization, vendor rationalization, and value realization initiatives across regions.
• Serve as senior advisor to business stakeholders on data selection, benchmarks, and licensing considerations.
• Ensure compliance with market data governance standards, contractual obligations, and regulatory requirements.
• Oversee market data inventory accuracy, entitlement tracking, and contract lifecycle management.
• Resolve complex vendor billing, audit, and usage disputes.
• Partner with technology teams to onboard, integrate, and distribute index, exchange, and ratings data.
• Lead service reviews with investment, trading, passive, and risk teams to ensure data solutions remain fit‑for‑purpose.
• Manage, coach, and develop a team of Market Data Services professionals.
• Promote standardized processes, documentation, and continuous improvement across the MDS function.
• Contribute to enterprise‑wide Market Data Services strategy and act as a senior escalation point or delegate for MDS leadership.

Work Experience / Knowledge

• Significant experience in Market Data Services within asset management, investment management, banking, or financial services.
• Deep practical knowledge of index data, benchmark administration, exchange data, and ratings data, including commercial licensing models.
• Strong understanding of how index and exchange data are used across active, passive, ETF, multi‑asset, risk, and operations teams.
• Proven experience managing large‑scale market data budgets and complex global vendor relationships.
• Demonstrated leadership experience managing and developing high‑performing teams.
• Experience working with market data inventory, entitlement, and contract management systems.
• Strong understanding of market data governance, compliance, and regulatory considerations.
• Experience with other category areas related to Investment Services, including the outsourcing of third‑party administrative services.

Skills / Other Personal Attributes Required

• Strategic thinker with strong commercial and negotiation skills.
• Exceptional stakeholder management and communication capabilities at senior levels.
• Highly analytical with strong financial acumen and attention to detail.
• Confident decision‑maker able to balance risk, cost, and business priorities.
• Organized, resilient, and effective in fast‑paced, deadline‑driven environments.
• Collaborative leadership style with the ability to influence across functions and geographies.

Formal Education

Bachelor’s degree required (or equivalent experience).

Salary

Salary range for this position in New York City is $170,000 to $195,000 annually. The total compensation includes salary and incentive pay and will vary based on skills, experience and location.

Workplace Model

Employees are expected to comply with Invesco’s current workplace model mandating at least four full days each week working in an Invesco office.

EEO Statement

Invesco is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal‑opportunity employment efforts comply with all applicable U.S. state and federal laws governing non‑discrimination in employment.