Market Data Commercial Manager

Market Data Commercial Manager

New York, NY

As a Barclays Market Data Commercial Manager, you will proactively manage a specified group of vendors within relevant Product categories and Business areas within Market Data Commercial Management in alignment with the overall Market Data strategy. You will have the opportunity to proactively manage a specified group of vendors and assisting business areas on behalf of Market Data Financial Management to ensure that Barclays obtain the most cost-effective market data services to meet business requirements.

Salary / Rate Minimum: $80,000

Salary / Rate Maximum: $120,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor', days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

What will you be doing?

• Managing and leading commercial negotiations with relevant Market Data vendors

• Liaising with Business, Procurement and Legal to ensure favourable commercial terms, meeting business requirements & mitigate business risk

• Assisting in overall Business relationship with assigned business teams

• Ensuring that Barclays leverages its global purchasing power with the vendors and undertaking proactive management of the global contracts

• Ensuring that the terms of all global deals are communicated to the relevant entities who are entitled to participate in them

• Conducting regular meetings and reviews with Vendors and Business stakeholders within Category

• Ensuring best practice is put in place for negotiation of all market data purchases

• Ensuring adhere to Barclays Procurement Sourcing and Supplier Management process

What we're looking for:

• Higher economic, business, technical, legal or finance education degree

• Experience in financial services industry

• Experience of contractual negotiations and commercial management

• Solid stakeholder management and influencing skills

Skills that will help you in the role:

• Knowledge or awareness of third party risk management processes and controls

• Knowledge or awareness of Market Data vendors and products

• Understanding of functional areas of Bank

• Knowledge or awareness of Regional/global market data inventory management and cost allocation experience

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 32-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

#LI-Hybrid

USD 80000 to 120000