About the Role
You’ll join our Corporate and Institutional Banking (CIB) Market Data Services team, playing a critical role in how market data is sourced, governed and optimised across the bank. Accountable for key vendors, cost control and risk management, you’ll ensure market data is aligned with regulatory and business requirements and remains cost‑effective.
Responsibilities
- End‑to‑end management of market data vendors and contracts, including onboarding new services, contract implementation and ongoing supplier performance.
- Oversight of market data inventory and usage records, including access management, usage reporting and cost allocation.
- Proactive identification, assessment and management of risks associated with market data provision, including regulatory, commercial and operational risks.
- Partnering with internal collaborators to understand business needs, provide subject‑matter expertise on market data solutions, and ensure data provision aligns to current and future requirements.
- Driving optimisation and efficiency by evaluating solutions, finding opportunities for cost mitigation, and supporting delivery of a sustainable target operating model.
- Maintaining strong awareness of industry, vendor and regulatory developments relevant to market data, applying this insight to inform decision‑making and advise the business.
Requirements
- Significant experience (5+ years) working with market data or market data services, gained within a financial services organisation, market data provider or data services business.
- Experience managing market data vendors or client relationships, including contract implementation, usage considerations and ongoing commercial or service discussions.
- Demonstrated experience (5+ years) working with market data inventory, entitlement models, licence records or usage reporting, from either a consumer or provider perspective.
- Strong ability to identify and manage risk, including regulatory, commercial and operational considerations, applying sound judgement and supporting appropriate outcomes.
- Experience providing day‑to‑day leadership, coaching or supervision to colleagues, supporting development, knowledge‑sharing and effective delivery, with line management responsibilities as the role evolves.
- Analytical and structured thinking, with the ability to evaluate options, interpret data from multiple sources and support cost optimisation or efficiency improvements.
- Recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
Skills
- Market data
- Market data services
- Vendor management
- Contract management
- Risk management
- Cost control
- Regulatory requirements
- Business requirements
- Supplier performance
- Inventory management
- Usage reporting
- Cost allocation
- Commercial risk
- Operational risk
- Subject matter expertise
- Data provision
- Cost mitigation
- Target operating model
- Industry developments
- Vendor developments
- Regulatory developments
- Analytical thinking
- Structured thinking
- Data interpretation
Location
- London
- Birmingham
Work Type
- Hybrid Working
- Job Share
- Full-Time
Experience Level
- 5+ years
Salary/Compensations
- £61,000 – £87,000
Benefits
- Generous pension contribution of up to 15%
- 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
- Generous parental leave policies
About the Company
- Lloyds Banking Group is driven by a clear purpose; to help Britain prosper.
- Across the Group, our colleagues are focused on making a difference to customers, businesses and communities.
- With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
- We keep your data safe.
- We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve.
- Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
Equal Opportunity
- 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 offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
- 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.
