Job Description
Greater Toronto Area, ON•Hybrid work
Full job description
Job Description:
Grade: P9
Referral Level: Level 1
Division: IGM-COD
IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under management. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management and Mackenzie Investments.
Under IGM Financial’s unique business model based on leading brands and multi-channel distribution strategy is Mackenzie Investments, founded in 1967. Mackenzie Investments is a holistic asset-management partner for thousands of Canadian financial advisors and the investors they support.
At Mackenzie Investments You Can Build Your Career with Confidence.
We have a vision and a strategy that will challenge the way business in this industry is done and help Canadians be successful in the ways that mean the most to them. As part of our team, you will do some of your best work, develop some of your most valuable skills and give back in ways that make a difference in the lives of Canadians. We are proud to be recognized as one of Canada’s Top Employers by Mediacorp Canada Inc. for empowering our employees with the tools to thrive, while also providing resources to ensure physical and mental wellness were put front and centre.
Join an unstoppable team that is embedded in continuous learning, understanding, and knowledge sharing. You will thrive in our supportive environment where you can indulge your curiosity to learn, while receiving the feedback you need to refine your skills and abilities. We are dedicated to offering a hybrid work environment when applicable.
Mackenzie Investments is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada – including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.
Position
Reporting to the AVP Procurement Services, the Director Market Data Management is responsible for leading the Market Data Management Team in developing and executing market data strategies and driving cost-saving initiatives across the organization. The ideal candidate should have a deep understanding of market data management practices (incl. vendors in the marketplace), strong leadership skills and experience with TRG Screen.
Responsibilities:
Facilitate development of IGM’s market data strategy
Explore innovative industry solutions to reduce market data consumption
Lead a team of Market Data professionals in providing market data vendor management, strategy & governance and sourcing related activities to meet stakeholder objectives
Work with market data consumers across the enterprise to understand needs and identify opportunities to manage demand and reduce duplication
Identify duplicative data sources and options to reuse data to avoid redundant queries
Review usage of niche providers that can be moved to a more ubiquitous firm to drive scale and cost efficiencies
Look for ways to maximize what we have (i.e. manage the value we get)
Make connections across IGM user groups (i.e. best practices; one group to provide the data to other groups) to optimize enterprise spend
Analyze and drive insights from TRG Screen market data subscription management platform
Provide transparent management level reporting by department and vendors (usage, spend, etc.)
Understand and enforce procurement and contracting processes and policies, adopt usage of the procurement platform for supplier management and contract activities
Work with Finance on appropriate allocation of costs to drive transparency and decision-making (non-market-data items should be moved to other cost centers)
Develop data-related reporting/dashboards to use in making informed decisions to optimize usage, renew contracts, and promote cost efficiencies
Inform impacted users of changes to a given service
Collaborate with Strategic Sourcing on supplier selection processes when required and consult, as required, on strategies for upcoming contract renewals
Assess compliance with licensing agreements by conducting regular audits and provide advice for third-party initiated audits
Facilitate the monthly Market Data Council meeting
Requirements:
University degree in Business Management (BBA, BComm, MBA) or finance
Minimum 15 years of work experience (ideally within the financial services industry) with at least 5 years of related market data management experience with a focus on strategy and cost reduction
Experienced people leader who can effectively coach and mentor a team, set appropriate annual targets and drive results
Able to hold conversations with executives, build relationships at all levels and “stir the pot” to encourage stakeholders to think differently
Understands requirements of front and back offices, and the appropriate market solutions
Strong proficiency in service subscription inventory systems (preferably TRG Screen)
Successfully navigate ambiguity and varying management styles
Strong organizational skills, proactive, self-starter with a sense of accountability
Able to multi-task and independently prioritize tasks
Detail oriented with strong analytical skills, ready to analyze complex data, identify trends and make data-driven recommendations
Excellent written/oral communication skills
Advanced knowledge of Microsoft Office applications (Advanced Excel & PowerPoint)
Please visit our career page by clicking on the following link: https://www.mackenzieinvestments.com/en/careers
We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.
Mackenzie Investments is an accessible employer committed to providing a barrier free recruitment experience. If you require an accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.
Please apply by August 8, 2026.
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💡 Quick Summary
Seeking a career-building opportunity? The Director Market Data Management position is now open for candidates interested in the MIS Executive sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in MIS Executive is a plus.
