Market Data Commercial Owner reference: 0000061773

Are you a strategic thinker with a passion for shaping the future of financial services? Barclays is seeking a dynamic Market Data Commercial Owner to join our innovative team in London.

This is a unique opportunity to make a significant impact by proactively managing key vendor relationships and ensuring their alignment with Barclays' overarching Market Data strategy. You will be instrumental in driving excellence within our Procurement function, partnering with business stakeholders to deliver strategic advice and robust procurement solutions.

Why This Role is an Excellent Career Advancement Opportunity:

• Strategic Impact: Play a pivotal role in defining and implementing the procurement strategy for Market Data, directly influencing the business's commercial and risk profile.
• Stakeholder Engagement: Develop and leverage relationships with senior stakeholders across the business and within Procurement domains, enhancing your influence and communication skills.
• Expertise Development: Deepen your knowledge of Market Data Services, particularly indices, and their application within the financial services industry. Gain extensive experience in commercial negotiations, third-party risk management, and sourcing strategies.
• Problem Solving & Innovation: Engage in complex data analysis to identify opportunities for cost savings, client experience improvements, service enhancements, and Procurement efficiencies.
• Cross-Functional Collaboration: Work closely with various business divisions and Procurement domains, fostering a comprehensive understanding of how different areas contribute to organizational objectives.
• Leadership Potential: If you thrive in a leadership capacity, you'll have the opportunity to lead a team, set objectives, and coach individuals, embodying Barclays' core leadership behaviours. For individual contributors, you'll lead collaborative assignments, guide team members, and identify new strategic directions.
• Career Progression: This role offers a clear path for growth within Barclays, allowing you to build upon your expertise in a challenging and supportive environment.

Key Considerations for Aspiring Candidates:

To thrive in this role and advance your career, consider the following essential qualifications and highly valued skills:

• Industry Experience: A strong background in Investment Banking or the broader Financial Services industry is crucial, ideally with prior experience in a Market Data-focused role.
• Market Data Acumen: Possess deep knowledge of Market Data Services, with a particular emphasis on indices and their utilization within financial services.
• Commercial & Contractual Expertise: Proven experience in commercial and contractual negotiations is vital.
• Stakeholder Management: Demonstrated ability to engage effectively with senior stakeholders, building influence and driving outcomes.
• Analytical Prowess: A keen eye for detail, coupled with a strong understanding of finance and cost allocation processes, will be invaluable.
• Technical Proficiency: Strong MS Office skills are a baseline requirement.
• Strategic Thinking: Be prepared to demonstrate your capabilities in areas such as risk and controls, change and transformation, business acumen, strategic thinking, and digital and technology.

As a Market Data Commercial Owner at Barclays, you will be an integral part of a forward-thinking organization committed to delivering excellence. Embrace the opportunity to shape the future of banking and contribute to a culture that values integrity, service, and innovation.