Director, Market Data Services

Job Description

Description

Nodal Exchange, the largest power futures exchange in North America, is a derivatives exchange providing price, credit and liquidity risk management to participants. Nodal Exchange is a leader in innovation, having introduced the world’s largest sets of environmental and electric power futures and options contracts. All transactions on Nodal Exchange are cleared through its wholly owned subsidiary, Nodal Clear, using its award-winning portfolio-margining methodology. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is part of the EEX Group which is in turn part of the Deutsche Börse Group.

We are now looking for talented, innovative individuals to join our team in Tyson’s Corner, VA (DC Metro area).

The Director Market Data Services role’s objective is to grow the number of data clients, data products and bottom-line revenues in the area of market data services, ensure the secure and performant operation of our service model and provide excellent customer service, and foster Nodal’s reputation as a reliable and innovative exchange operator

Key Responsibilities

Primary responsibilities include:

Oversee the work of the Market Data Services team; structure and prioritize teamwork, develop skills and experience of the team

Develop, review, refine, and communicate a comprehensive Nodal market data strategy and support the execution of the EEX Group strategy

Analyze new business opportunities; develop and execute approved initiatives; create roadmaps and action plans for management communication

Lead the negotiation of new market data agreements and manage the evolution of existing agreements - Relationship management with existing and prospect clients and partners

Monitor the competitive environment, market trends and regulatory changes in the area of market data

Prepare executive updates about the development of Nodal’s market data business

Development of content and material to promote Nodal’s market data offering at conferences and online

Support the conceptual design of integrating Nodal market data into client interfacing technology, e.g. frontends

Representation of Nodal Exchange at industry events and conferences

Skills, Knowledge and Expertise

Requirements:

Higher education in business administration, economics or engineering

Very good knowledge of North American and international energy markets, market regulation and our competitive environment

Very good knowledge of exchange traded products as well as trading and settlement processes

High proficiency in standard MS Office software

4+ years of experience in energy markets

Large network of contacts in US energy markets

Deep understanding of state-of-the-art market data architecture and data distribution - Familiar with latest regulatory developments in US and EU data protection laws

Strong analytical and conceptual skills

Experience in contract negotiation

Proven track record in developing client relations and sales

Able to structure, present and manage complex situations

Independent and result-oriented working style

Strong entrepreneurial mindset

Proven project management skills

High level of reliability of work commitments

High level of intercultural competence

Team player

Open, outgoing and friendly personality

Very good communication skills

High level of determination

Willing to travel occasionally

Benefits

What We Offer Our Employees:

A collaborative workplace culture where we value your contributions and ideas

A comprehensive benefits plan which includes, but not limited to immediate access to low-cost health insurance plans (highly company subsidized with an employee cost as low as $10/month), a retirement savings plan with a competitive company match, and PTO that includes vacation, holidays, floating holidays, and unlimited sick leave, and company-paid life and disability insurance

Contemporary workspaces designed to inspire innovative thinking in a fun, relaxed environment

Catered weekly breakfast and lunch

Free full-service gym access onsite

Workplace flexibility - we value work/life balance, designed to fit your team, and your and your family’s needs

Nodal Exchange, LLC does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, gender identity or expression, pregnancy, parental status, marital status, citizenship, national origin, age, disability, genetic information, military status, veteran status, physical or mental health, hairstyle historically associated with race, or any other characteristic protected by federal, state or local law with respect to recruitment, hiring, training, promotion, or in any other terms and conditions of employment. Nodal Exchange is an E-verify participant.