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Manulife

Manager, Market Data Financial Operations

Reposted 7 Days Ago
Be an Early Applicant
In-Office
Toronto, ON, CAN
Senior level
In-Office
Toronto, ON, CAN
Senior level
The Manager, Market Data Financial Operations oversees market data costs, manages vendor invoices, and collaborates with business teams to drive transparency and efficiency in financial operations.
The summary above was generated by AI

Manulife’s Global Wealth & Asset Management (Global WAM) segment has embarked on an exciting journey that is transforming the organization by harnessing the power of data and related analytics. This transformation is a key strategic enabler and we are looking for individuals who are passionate about joining the team that will lead this journey.

This role bridges financial oversight and business usage to deliver clear visibility into market data spend. Positioned at the intersection of market data operations and financial management, the Manager serves as a trusted expert driving transparency, alignment, and accuracy in market data costs. Beyond day‑to‑day activities, the role also continuously evaluates existing processes and data to identify and deliver enhancements in operational efficiency and accuracy.

The ideal candidate is a self‑starter with intellectual curiosity, a result‑driven mindset, and a passion for driving progress and challenging the status quo.

Position Responsibilities:

  • Own market data cost allocation and chargeback processes, ensuring accurate distribution across users, cost centers, and business units.
  • Manage the end‑to‑end vendor invoice lifecycle and period‑end close activities, including accruals, prepayments, reconciliations, and financial adjustments.
  • Produce detailed reporting on market data spend, internal allocations, and user/license distribution, addressing both recurring and ad‑hoc analytical requests.
  • Oversee user management to ensure market data usage and charges align with provisioned access and mapped cost centers.
  • Partner with Business and Finance teams to explain charge methodologies, cost drivers, and changes in spend, while maintaining documentation and driving continuous process improvements.

Required Qualifications:

  • Undergraduate degree in Finance, Accounting, Business Administration, or a related field, with 5+ years of experience in market data operations, finance, or accounting.
  • Experience within a global financial services or capital‑markets organization, with a strong understanding of market data cost structures and licensing models preferred.
  • Proven expertise in cost allocation and chargeback processes, including hands‑on vendor invoice management, reconciliation, dispute resolution, and financial close activities.
  • Solid analytical skills with exceptional attention to detail and commitment to data accuracy and integrity.
  • Highly organized, accountable, and collaborative professional with strong communication skills and the ability to manage competing priorities independently.

When you join our team:

  • We’ll empower you to learn and grow the career you want.
  • We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
  • As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Referenced Salary Location

Toronto, Ontario

Working Arrangement

Hybrid

Salary range is expected to be between

$92,900.00 CAD - $142,900.00 CAD

Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement.

Top Skills

Data Analytics
Financial Management
Market Data Operations
HQ

Manulife Toronto, Ontario, CAN Office

250 Bloor St E,, Toronto, Ontario, Canada, M4W 1E6

Manulife Kitchener, Ontario, CAN Office

25 Water St S, Kitchener, ON, Canada, N2G 4Z4

Manulife Waterloo, Ontario, CAN Office

500 King St N,, Waterloo, ON, Canada, N2L

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