Market Data Operations Analyst

Join us as a Market Data Operations Analyst, where you will help shape the future of Banking at Barclays. In this role you will be responsible for all Sourcing and Supplier Management activity for vendors in the Market data space. This includes engaging with Business stakeholders on requirements, negotiating new contracts and commercials, renewals, queries, projects and any other activity related to Market Data contracts, vendors and their associated service and risk.

To be successful as a Market Data Operations Analyst, you should have:

• Investment Banking or Financial services industry experience, within a Market Data role.

• Deep knowledge of Market Data Services (specifically indices) and use within financial services. Experience in commercial and contractual negotiations.

• Senior stakeholder engagement.

Some other highly valued skills may include:

• Strong MS Office skills.

• Excellent communication skills both written and oral.

• Strong negotiation and influencing skills.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in Glasgow.

Purpose of the role

To partner with key stakeholders and forums to oversee Procurement service delivery, provide advice and develop procurement strategy to meet both the needs of the business and Procurement.

Accountabilities

• Development & implementation of the wider Procurement strategy in collaboration with stakeholders and Procurement domains.
• Implementation of the procurement strategy aligned to the bank’s objectives and relevant regulators, through the prioritisation and use of Procurement resources.
• Provide expertise on Procurement policies and procedures, third party risk, sourcing strategy and supplier relations to business stakeholders through education.
• Act as a point of escalation for Procurement service and delivery issues for business stakeholders.
• Act as the primary interface for Procurement with senior stakeholders in the business, developing & utilising relationships and influence to deliver improvements in key indicators and objectives.
• Identification of & where applicable, delivery of opportunities for business cost savings, client experience, service improvement & Procurement efficiency.
• Voice of the business with Procurement domains, developing and utilising relationships & influence to impact Procurement service delivery.
• Provide insights and actionable intelligence to business stakeholders to support business decision making to improve the commercial & risk profile of the business.
• Support the business with strategic activity acting as the Procurement representative for key business change programmes, acquisitions and divestments.

Analyst Expectations

• To meet the needs of stakeholders/ customers through specialist advice and support
• Perform prescribed activities in a timely manner and to a high standard which will impact both the role itself and surrounding roles.
• Likely to have responsibility for specific processes within a team
• They may lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. They supervise a team, allocate work requirements and coordinate team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they manage own workload, take responsibility for the implementation of systems and processes within own work area and participate on projects broader than direct team.
• Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
• Check work of colleagues within team to meet internal and stakeholder requirements.
• Provide specialist advice and support pertaining to own work area.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
• Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
• Make judgements based on practise and previous experience.
• Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
• Build relationships with stakeholders/ customers to identify and address their needs.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.