Invesco US
Website:
invesco.com
Job details:
As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.
Job Description
Your Team
The Market Data Services (MDS) team supports the firm by managing external market data vendors, services, and associated costs to ensure data is available, compliant, and cost‑effective. The team works closely with Investment, Technology, Legal, and Procurement partners to onboard new data services, manage vendor relationships, and maintain accurate inventory and billing controls. A strong focus is placed on governance, transparency, and process discipline across global market data usage. The team plays a key role in ensuring market data spend is well managed and aligned to business needs.
Your Role
This role supports the day‑to‑day operational and financial management of Market Data Services. The individual will be responsible for invoice processing, pricing validation, inventory maintenance, and vendor query resolution across market data services. The role works under general supervision, follows established procedures, and partners closely with senior MDS team members to ensure data services are accurate, compliant, and properly governed. This position is critical in maintaining data integrity, cost accuracy, and smooth operational workflows within MDS.
You Will Be Responsible For:
- Maintaining process documentation for workflows related to vendor invoice processing and MDS pricing updates
- Processing and validating vendor invoices against contractual terms to ensure accurate billing and allocations within the MDS inventory system (e.g., FITS / Optimize Spend)
- Managing vendor billing queries, resolving invoice variances, and updating records in the MDS inventory system
- Supporting the senior MDS team with ongoing vendor management activities related to existing services and new procurements
- Assisting with new service requests and task workflows through ServiceNow
- Coordinating the flow of new contracts through internal Legal teams and ensuring global policies and procedures are followed
- Partnering with Technology Product and Support teams to support onboarding and setup of new market data services
- Assisting with annual budget planning, analysis, and ongoing financial tracking for MDS vendors
The Experience You Bring:
- 3–5 years of experience within the Investment Services industry, preferably in a Market Data Services role
- Experience with vendor invoicing processes and core MDS business principles
- Hands‑on experience managing an MDS inventory system; Optimize Spend experience strongly preferred
- Familiarity with market data vendors and products including Bloomberg, FactSet, Refinitiv, Exchanges, Rating Agencies, and Index providers
- Understanding of vendor contract language and commercial terms
- Strong working knowledge of Microsoft Excel
- Understanding of business drivers within an investment management or financial services organization
- Knowledge of Broker Soft Dollar procedures and methodologies is an advantage
- Degree‑educated or equivalent practical experience, with strong literacy and numeracy skills
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
No
Workplace Model
At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
Why Invesco
In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.
We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).
What’s in it for you?
As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.
Our benefit policy includes but not limited to:
- Competitive Compensation
- Flexible, Hybrid Work
- 30 days’ Annual Leave + Public Holidays
- Life Insurance
- Retirement Planning
- Group Personal Accident Insurance
- Medical Insurance for Employee and Family
- Annual Health Check-up
- 26 weeks Maternity Leave
- Paternal Leave
- Adoption Leave
- Near site Childcare Facility
- Employee Assistance Program
- Study Support
- Employee Stock Purchase Plan
- ESG Commitments and Goals
- Business Resource Groups
- Career Development Programs
- Mentoring Programs
- Invesco Cares
- Dress for your Day
In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.
To Know More About Us
About Invesco: https://www.invesco.com/corporate/en/home.html
About our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.html
About our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.html
About our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.html
Apply for the role
@ Invesco Careers: https://careers.invesco.com/india/
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