Market Data Manager, CIB

Lloyds Banking Group; London; Hybrid; GBP 60,000 - 84,000; Full time

Job description

End Date

Tuesday 22 April 2025

Salary Range

£0 - £0

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Job Title: Market Data Manager, CIB

Salary: £60,000 - £84,000 (dependent on experience & location)

Locations: Birmingham / London

Hours: Full-Time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

About this Opportunity

Our Corporate Institutional Bank (CIB) is on a growth strategy, we're deepening our relationships with Clients, developing new propositions and in doing so we're Helping Britain Prosper by supporting some of the largest Businesses across the UK.

Our Market Data team in the CIB Chief Operating Office plays a critical role in the execution of our strategy. We're responsible for the strategic management, provision and administration of Market data. The team looks to optimise relationships with the likes of London Stock Exchange Group and Bloomberg, identify new opportunities, capabilities and data to support our strategy and manages a large annual budget.

This is an exciting opportunity for you to join the CIB Market Data Services team, providing subject matter expertise on the provision of Market Data, to meet business needs, and identify efficiencies to drive cost mitigation. This role works closely with the business and the suppliers, including oversight of data usage in line with contract expectations.

You'll be curious, analytical and passionate about finding solutions to sophisticated problems. Your motivation, behaviours, and drive to make a difference are the most important qualities that we're looking for, alongside your understanding and appreciation of market data or the markets space.

Your responsibilities will include:

• Manage new contracts for Market Data Vendors and Services, implementing these in MDM for business cost recharge and user list management purposes.
• Liaise with Supplier Management ensuring continued service for the Groups growing Market Data needs, including with Contract negotiations and Supplier Accountable Person briefings.
• Identify and manage risks, including escalation where required.
• Work directly with vendor of choice, to identify and mitigate any risk and issues with the Market Data inventory system.
• Demonstrate continual awareness of industry and regulatory developments relevant to market data and the wider market applying your knowledge of the external environment, including regulatory landscape.
• Identify and evaluate complex solutions against a variety of criteria to find the ones that best meet business needs.
• Support implementation of a sustainable, cost-effective target operating model to support business needs, adapting as the business model evolves.
• Maintain great relationships with key internal customers and act as their business partner.
• Support usage declarations to Exchange Vendors as per contractual agreements.
• Aspire to be a source of professional expertise and knowledge, providing professional advice to key partners and colleagues.

What You'll Need

Key to this role is your relevant experience of Market Data and demonstrable evidence of the following key skills:

• Leadership – Highly motivated and driven to achieve individual and collective goals, with a keen focus on coaching and creating an inclusive working culture that ensures everyone can be themselves in a safe environment.
• Influence – Diplomacy and credibility in front of senior audiences with the ability to influence the right outcomes, providing healthy challenge where appropriate.
• Partner Engagement - Ability to engage and communicate to partners at different levels, and can simplify sophisticated messages into clear, concise communications.
• Data Analysis - Be able to analyse data from multiple sources to identify process improvements or impacts to the business, critical thinking with a passion for problem solving.
• Risk Management - Ability to identify potential risks and evaluate past events and drive process improvements/risk mitigation through collaborative ways of working.

About Working For Us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%.
• An annual performance-related bonus.
• Share schemes including free shares.
• Benefits you can adapt to your lifestyle, such as discounted shopping.
• 30 days’ holiday, with bank holidays on top.
• A range of wellbeing initiatives and generous parental leave policies.

If you’re excited by the thought of becoming part of our team, get in touch.We’d love to hear from you.