Head of Market Data

What You’ll Do:

• ### Market Data Strategy & Architecture
• Define and execute a unified market data strategy across centralized crypto exchanges (CEX), decentralized venues (DEX), and traditional markets
• Design scalable, low-latency data architecture supporting tick-level, order book, and on-chain data
• Evaluate build vs. buy decisions for internal data platforms vs. external providers
• ### Crypto Market Data & Vendor Management
• Build relationships with crypto exchanges (e.g., Binance, Coinbase, Deribit, OKX), data aggregators, and node providers
• Assist our vendor management team with commercial negotiations, licensing, and exchange agreements across both crypto and traditional markets
• ### Data Quality, Normalization & Coverage
• Ensure high-quality, normalized datasets across fragmented crypto venues (symbol mapping, schema standardization, latency benchmarking)
• Oversee ingestion of real-time order book data, trades, reference data, funding rates, and on-chain metrics
• Establish monitoring and alerting frameworks for data integrity and completeness
• ### Cost Management & Optimization
• Manage and optimize the global market data budget across crypto and traditional vendors
• Identify cost-saving opportunities through vendor consolidation, direct exchange connectivity, and internal data solutions
• Implement usage tracking and chargeback models where appropriate
• ### Infrastructure & Engineering Partnership
• Partner with engineering teams to build and maintain high-performance data pipelines, feed handlers, and distribution systems
• Support hybrid environments (on-prem + cloud) and ensure resilience, redundancy, and scalability
• Enable data access for research, backtesting, and production trading systems
• ### Regulatory & Compliance Oversight
• Ensure compliance with exchange licensing, redistribution rules, and evolving crypto regulatory frameworks
• Implement entitlement controls, audit trails, and governance policies across all data usage
• ### Stakeholder Collaboration
• Work closely with trading, quant research, risk, and portfolio management teams to deliver data solutions
• Support onboarding of new exchanges, instruments (perpetuals, options), and strategies
• Act as the firm’s subject matter expert on both crypto and cross-asset market data
• ### Leadership & Team Development
• Build and lead a high-performing, multidisciplinary team (engineers, analysts and vendor managers)
• Establish best practices for data onboarding, validation, and lifecycle management
• Foster a culture of innovation, automation, and operational excellence
• Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
• Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

What We’re Looking For:

• 10+ years of experience in market data management within a trading firm, hedge fund, or financial institution
• Deep knowledge of market data vendors, exchanges, and licensing models
• Strong understanding of trading workflows, asset classes (equities, futures, options, FX, fixed income), and data types (real-time, reference, historical)
• Proven experience negotiating vendor contracts and managing large budgets
• Experience with low-latency data systems, market data feeds, APIs, and streaming technologies
• Strong analytical and problem-solving skills with attention to detail
• Excellent communication skills, with the ability to engage both technical and business stakeholders

What We Offer:

• Competitive base salary and discretionary bonus
• Hybrid/Flexible Working Arrangements
• Flexible Time Off (paid)
• 3% 401(k) company contribution
• Company-paid health and protective benefits for employees, partners, and other dependents
• Generous paid Parental Leave
• Competitive family planning benefits for US employees
• Opportunities to learn about the Crypto industry
• Smart, entrepreneurial, and fun colleagues
• Free daily snacks and weekly breakfasts/lunches
• Employee Resource Groups
• Free coaching and counseling sessions through Headspace