Senior Manager, Market Data (CIB)

LOCATIONS: 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. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

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, helping Britain prosper by supporting some of the largest businesses across the UK. Market Data is a broad term used in reference to financial information necessary for analysing, trading and accounting. We source this from external providers. Our Market Data Teams in CIB COO Supplier Management plays a critical role in supporting the bank's objectives. 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 priorities and manages a large annual budget. The team is the centre of excellence for managing Market Data across Lloyds Banking Group, covering:

• Administrative activity, including licensing controls and payment of market data provider invoices.
• Supporting business areas across the Group by providing advice that meets their market data needs and delivers value.

This is an opportunity for you to lead our team of specialists. You'll complete a diverse set of business objectives requiring people leadership, problem solving and analytical capabilities.

What will you be doing?

• Engage with senior leaders and support strategic decision‑making as well as collaborating closely with our external market data vendors directly.
• Reporting into the Head of Supplier Management and Business Services, you'll work closely together to shape the outputs of the team and will deputise for them when required.
• Take responsibility for developing and delivering a key element of the organisation's end-to-end management of market data across a portfolio of initiatives or projects.
• Identify and evaluate complex solutions against a variety of criteria to find the ones that best meet business needs.
• Lead and develop existing business relationships and engage with business leaders to understand long‑term strategic challenges.
• Implement a sustainable, cost-effective target operating model to support business needs, adapting as the business model evolves.
• Demonstrate ongoing awareness of industry and regulatory developments relevant to market data, applying understanding of the external regulatory environment.

What You'll Need

• Strong market data experience (8+ years) usage including sourcing, licensing, governance, cost optimisation and vendor management.
• Leadership experience (5+ years), including leading teams and complex initiatives, with a track record of developing people, creating inclusive working environments, and delivering outcomes across multiple priorities or projects.
• Experience partnering with senior leaders (5+ years), managing risk associated with third-parties (such as data, cyber or operational resilience), and communicating complex ideas clearly to support informed decision‑making.
• Experience designing or improving operating models for data, supplier or shared services teams, with accountability for service delivery, controls and continuous improvement.
• Experience managing or influencing large budgets, commercial negotiations or cost‑reduction activity, including direct engagement with external data providers or suppliers.
• Strong working knowledge of regulatory and industry expectations relating to market data, data governance and third‑party oversight within financial services or a similarly regulated sector.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This Is A Place For You

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we're committed to creating an environment in which everyone can thrive, learn and develop. 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. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

Benefits

• 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

EEO Statement

This position is open to all qualified candidates regardless of race, colour, religion, gender identity, sexual orientation, age, disability or other protected statuses.