Market Data Services Administrator

What is the opportunity?

The global Market Data Services team consists of three sub-groups (MDS Administration, MDS Solutions and MDS Compliance) who engage, strategize, and support enterprise-wide businesses and stakeholders.

This role in the MDS Control team is responsible for the access management of market data services (including but not limited to granting entitlements); and partners with technology and operations professionals providing expertise on market data service orders.

What will you do?
Market Data Control (primary responsibility)

• Processes requests for market data terminals, feeds, and exchange services, including platforms such as Bloomberg and Refinitiv.
• Reviews all orders for accuracy against applicable licensing agreements and coordinates with vendors for timely setup and provisioning.
• Maintains and updates a global inventory of all active market data users, vendors, and services, including physical hardware, software entitlements, and user licenses.
• Monitors inventory to identify redundancies, prevent over-licensing, and mitigate unnecessary costs.
• Compiles regular reports on data consumption and prepares declarations of data usage as required by financial exchanges such as NYSE and NASDAQ.
• Maintains strong relationships with exchanges, third-party vendors, and key internal business contacts.
• Develops a thorough understanding of RBC procedures and processes to effectively support internal teams and external partners.

What do you need to succeed?

• 3–6 years of experience in market data operations, entitlements management, or a related function within financial services.
• Deep working knowledge of at least two major market data vendors and their licensing models.
• Experience with enterprise entitlement or inventory management tools (MDSL, internal systems, or equivalent).
• Demonstrated ability to interpret vendor contracts and apply licensing terms to real-world scenarios.
• Experience mentoring or training junior team members.
• Familiarity with market data cost structures and basic invoice validation.
• Strong stakeholder management and communication skills.

Competencies

• Sound judgment on edge cases and the ability to balance compliance with business needs.
• Proactive identification of process gaps and inefficiencies.
• Ability to translate technical or licensing complexity into clear guidance for business users.
• Ownership mentality — follows issues through to resolution without repeated prompting.
• Collaboration across technology, procurement, compliance, and front-office teams.
• Comfort with ambiguity and ability to establish precedent for undocumented scenarios.

What's in it for You?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to build close relationships with clients
• Access to a variety of job opportunities across business and geographies

#LI-KA2

Job Skills

Active Learning, Adaptability, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-13

Application Deadline:

2026-08-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.