MASTER DATA MANAGEMENT JOB DESCRIPTION

With the vast amounts of information being generated and stored every day, it can be a daunting task to manage and maintain it all. This is where Master Data Management (MDM) comes in. MDM is a method that enables businesses to gather, purge, integrate and maintain their data to make sure it is correct, consistent and current. It also involves the use of specialised software tools and processes to ensure that data is standardised, validated and linked across different systems and applications. 

But what does this mean? Well, as a customer, you may not even realise the role that MDM plays in your interactions with a business. Suppose you are buying new shoes online. You search for a particular brand and style, select the size and colour, add it to the basket and then proceed to checkout.

MDM works to ensure that your order is processed properly in the background, plus it contributes to ensuring the accuracy and correctness of the product information you view on the website. It also ensures that your shipping address is linked to your payment information and that your order is fulfilled correctly. MDM also handles the seamless return of shoes and that the data is updated across all relevant CRM and back-end systems. 

MDM is integral to both internal business processes and customer communications. For example, if you work in a large organisation, you may have experienced the frustration of trying to access information from different departments or systems. MDM helps to ensure that data is integrated and accessible across the organisation, reducing the time and effort needed to find and use the information you need. 

Ultimately, MDM is an essential part of any modern corporation since it helps to guarantee that data is reliable, consistent and easily accessible. MDM affects how you engage with data, regardless of whether you're a client, employee or business owner.

If you have an interest in Master Data Management (MDM), there is a plethora of options available for you to choose from. Here is an overview of a typical career path for an MDM professional:

Starting with Entry-Level Positions: Your initial step might be to acquire an entry-level position such as Data Analyst or Data Entry Specialist. As a result, you will work with data sets and familiarise yourself with data processes.

Moving up to Junior MDM Roles: After accumulating knowledge from entry-level positions, you can advance to Junior MDM roles. In this position, you will begin to learn about data architecture and how data flows through an organisation, while at the same time gaining some experience in the field.

MDM Specialist: Once you have honed your skills as a Junior MDM, you might have the opportunity to become an MDM Specialist. This role would make you an expert in MDM software and best practices, with the responsibility of maintaining data accuracy and updating data when required.

MDM Manager: Following your successful tenure as an MDM Specialist, you might be elevated to an MDM Manager position. In this role, you will oversee the entire MDM process and lead a team of MDM professionals.

MDM Architect: Another career path that you might consider is becoming an MDM Architect. In this role, your main responsibility would be to design and implement MDM systems and processes that would improve an organisation's data flow and storage.

MDM Director or Chief Data Officer (CDO): Finally, you could be elevated to the highest level of a MDM career path by becoming an MDM Director or Chief Data Officer. In this position, you will be responsible for developing and implementing a company-wide data strategy, in addition to overseeing a team of MDM professionals.

Bear in mind that there are many different paths within the MDM field and your career trajectory will depend on your interests, skills and experience. Nonetheless, with the right education and experience, an MDM career path can be both challenging and rewarding.

There are numerous actions you can take to improve your chances of finding employment in the Master Data Management (MDM) profession. Below are some tips to help you get started.

Gain Relevant Education and Experience: To be considered for an MDM role, you'll need to have a strong background in data, computer science or a related field. Consider obtaining a degree in information technology, data science or a related subject. You can also gain relevant experience by working in entry-level data positions or internships. 

Developing Specialised Skills: MDM requires a unique skillset, including data modelling, architecture and quality management. Consider taking courses or attending conferences to develop your skills in these areas. 

Obtain Relevant Qualifications and Certifications: These can demonstrate your expertise and commitment to the field of MDM. Consider enrolling in courses like the Master Data Management Specialist (MDS) or the Certified Data Management Professional (CDMP). 

Connect with Experts: Creating a network is an essential component of any job search. Attend industry conferences, take part in online forums and use LinkedIn to connect with other professionals. You can also consider joining relevant organisations such as the Data Management Association (DAMA) or the Enterprise Data Management Council (EDMC). 

Search for Job Openings: Once you've developed your skills and networked with professionals, it's time to start your job search. Check online job boards, search engines and LinkedIn for job adverts. Lastly, consider contacting recruiters such as KDM Talent Solutions who advertise these positions.

Prepare for Job Interviews: Be ready to discuss your experience and skills related to MDM. Do your homework on the business and its data management procedures and respond to any technical MDM queries with prepared answers. What skills should an MDM have? 

Data Modelling: To excel in MDM, you should have a strong grasp of these techniques including conceptual, logical and physical data modelling. This is essential for understanding how data fits together and flows through an organisation.

Data Architecture Implementation: This includes familiarity with database management systems, data integration and quality. Without this knowledge, you'll struggle to keep your data accurate and up-to-date.

Data Governance: The ability to define and manage these policies, including data quality standards, security documentation and privacy is key in this role. These policies ensure that your data is reliable, secure and used appropriately.

Business Analysis: To thrive in this field, you must be able to analyse business requirements and translate them into technical solutions that meet the needs of the organisation to satisfy the Finance department. This requires acute business acumen and technical know-how.

Data Integration Tools: As a professional, you must be proficient in using tools such as Informatica, Talend and IBM InfoSphere to guarantee that data is flowing correctly throughout the organisation. Without these tools, data integration can be a time-consuming and error-prone process.

Data Quality Tools: Experience in using tools, such as SAP Data Services, Trillium and IBM QualityStage, to ensure that data is accurate and up-to-date is usually a requirement. These tools help you maintain high-quality data, which is vital for decision-making.

Data Visualisation Tools: Ideally, you should be competent in using tools, such as Tableau or Power BI, to create reports and dashboards that communicate data insights effectively. 

Project Management: MDM employees must have strong skills in this area, to develop and manage project plans, timelines and budgets. This is critical for completing projects on time and within price.

Communication Skills: Finally, it is expected that you must have excellent written and verbal skills to effectively communicate technical information to non-technical stakeholders. Without clear communication, your projects may fail to meet operational needs.