Barclays

Market Data Operations Manager

Barclays$110K — $150K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Procurement or related field
  • Strong understanding of procurement strategies and policies
  • Proven experience in stakeholder engagement and communication
  • Experience in managing and leading teams
  • Strong analytical and data analysis skills
  • Proficient in Microsoft Excel
  • Ability to operate with precision and accuracy

Responsibilities

  • Develop and implement procurement strategies in collaboration with stakeholders
  • Align procurement strategies with bank objectives and regulations
  • Educate stakeholders on procurement policies and supplier relations
  • Act as an escalation point for procurement service issues
  • Manage relationships with senior business stakeholders
  • Identify opportunities for cost savings and service improvements
  • Support strategic business activities and change programs

Benefits

  • Collaboration with key stakeholders and forums
  • Opportunities for leadership development and team management
  • Engagement with senior stakeholders and influence on business outcomes
  • Possibility to contribute to policy development and operational effectiveness
  • Involvement in complex data analysis for business decision-making
  • Support for career growth through challenging assignments
  • Dynamic work environment with focus on operational resilience
Full Job Description
Job Description

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.


Assistant Vice President Expectations
  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
  • 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 will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
  • Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
  • Influence or convince stakeholders to achieve outcomes.


Bring your curiosity, judgement, and collaborative spirit to a role that keeps our business moving. Step into your pivotal role at Barclays as a Market Data Operations Manager, where you'll help safeguard our organization by overseeing key supplier relationships and ensuring our market data operations run reliably and responsibly. In this dynamic position, you'll work closely with our Managed Service Provider and the wider MDFM team to produce clear, meaningful reporting that informs commercial strategies and ensure timely delivery of Market Data products for stakeholders across the bank. This is an opportunity to apply your knowledge, strengthen our operational resilience, and contribute to the delivery of timely, accurate products and insights for senior teams and stakeholders across the bank.

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

  • Experience directing a small team
  • Experience overseeing operational deliverables for a global audience
  • Stakeholder engagement (the ability to storytelling with data)


Other highly valued skills include:

  • Experience working with Market Data
  • Proficient Microsoft Excel and data analysis skills
  • The ability to operating with precision and accuracy


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

This role is located in New York, NY.

Minimum Salary: $110,000.00

Maximum Salary: $150,000.00

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

About Barclays

Barclays is a British multinational investment bank and financial services company. The company was founded in 1690 and is headquartered in London, England. Barclays provides a range of financial services, including retail banking, corporate banking, investment banking, and wealth management. The company operates in over 40 countries and has over 83,000 employees. In 2020, Barclays reported revenue of £21.8 billion and net income of £1.5 billion. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Learn more about Barclays
Size
81,600 employees
Market Cap
$30.2 billion
Industry
Net Income
$2.3 billion
Founded
1997
5 Year Trend
-5%
NASDAQ

Similar Jobs

More Jobs at Barclays

More Business Services Jobs

Find similar Market Data Operations Manager jobs: