Director – Market Data Commercial Management
About The Position
The Director, Market Data Commercial Management, will act as a senior leader (AE) within the Market Data Financial Management function, responsible for managing a portfolio of strategic market data vendors, contracts, product categories, and business relationships. The role requires a commercially strong, market-aware leader who can engage effectively with Front Office stakeholders, trading desks, quants, data consumers, technology teams, and external vendors to understand business requirements, challenge demand where appropriate, negotiate optimal commercial outcomes, and ensure Barclays receives high-quality, cost-effective market data services. The successful candidate will lead vendor-facing and business-facing activities across relevant market data product categories, act as a senior escalation point for contractual and commercial matters, and contribute to the continued development of market data strategy, governance, operating model, and team capability.
Requirements
- Significant experience in Market Data, Financial Markets, Investment Banking, Vendor Management, Procurement, or a related commercial management role.
- Strong understanding of how market data is used by trading desks, quants, analytics teams, risk teams, and technology platforms.
- Proven experience managing major market data vendors and complex commercial negotiations.
- Experience negotiating regional or global multimillion-pound/dollar market data contracts.
- Strong understanding of market data licensing, usage rights, redistribution restrictions, exchange policies, and vendor audit risks.
- Experience managing senior business stakeholders and acting as a trusted commercial advisor.
- People management experience, including coaching, prioritization, performance management, and team development.
- Strong understanding of market data inventory, cost allocation, invoice management, vendor governance, and supplier management processes.
Responsibilities
- Lead commercial negotiations with major market data vendors, ensuring favorable terms, appropriate risk mitigation, and alignment with business requirements.
- Manage a portfolio of strategic vendors and contracts across relevant market data product categories.
- Ensure Barclays leverages its global purchasing power through disciplined negotiation, contract consolidation, demand challenge, and strategic vendor engagement.
- Own and manage senior relationships with assigned business areas, including trading desks, quantitative teams, analytics users, research teams, and technology stakeholders.
- Translate business requirements into clear market data needs, vendor engagement strategies, commercial options, and sourcing recommendations.
- Understand how market data is used across trading, pricing, risk, analytics, quantitative research, and client-facing activities.
- Contribute to the development and execution of the Market Data strategy, including vendor rationalization, cost optimization, operating model enhancement, and improved governance.
- Support the design and operation of market data governance forums, ensuring discussions are focused, evidence-based, transparent, and action-oriented.
- Provide direction, coaching, prioritization, and performance management to ensure delivery against business, commercial, operational, and strategic objectives.
- Build a high-performing team culture focused on accountability, continuous improvement, commercial excellence, risk awareness, and strong stakeholder service.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
