Associate, Market Data Services

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 collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement. BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy .

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.