Business Functional Analyst

Deutsche Bank AG; Greater London; Hybrid; GBP 55,000 - 90,000; Full time

Benefits offered by this job

Hybrid working

30 days holiday

Life Assurance

Private Healthcare

Flexible benefits

CSR volunteering leave

Job summary

Deutsche Bank AG in London seeks a Business Functional Analyst to optimize market data costs and vendor relationships. You will work with senior managers and owners to review usage, produce insights, and support pricing negotiations.

You will influence internal stakeholders, ensure compliance, and leverage MS Office and AI tools to drive efficiency in data provisioning and policy adherence.

Qualifications

• Experience with market data costs and data usage policies.
• Ability to review vendor contracts and support cost-reduction programs.
• Strong analytical mindset with attention to compliance constraints.

Responsibilities

• Interact with Senior Business Managers and Application Owners on market data costs.
• Prepare analyses and reporting to support contract negotiations.
• Manage external vendors including Exchanges and Brokers relations.
• Monitor data policy changes and annual application recertifications.

Skills

Market Data knowledge

Vendor management

Stakeholder influence

Attention to detail

Proficiency in MS Office

AI tools proficiency

Education

Bachelor's degree in Finance/IT

Tools

Microsoft Office

Job description

Job Description:Job Title: Business Functional AnalystLocation: LondonCorporate Title : AssociateThe Market Data Services (MDS) team is responsible for the end-to-end provisioning and deactivation of market data across Deutsche Bank. This includes the data and financial management of market data products used by Deutsche Bank employees (e.g. Bloomberg, Refinitiv, FactSet). This data allows traders and Business users across the Bank to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives and currencies. The MDS team globally supports circa 12,000 users across 43 countries.MDS are working to implement a cohesive and efficient market data strategy for Deutsche Bank. The aim is to execute that strategy across the Bank with the clear objective of reducing market data costs. You will be required to work closely in conjunction with external vendors and all internal functions including global sourcing and infrastructure.What we’ll offer youA healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.You can expect:Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for themCompetitive salary and non-contributory pension30 days’ holiday plus bank holidays, with the option to purchase additional daysLife Assurance and Private Healthcare for you and your familyA range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefitsThe opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per yearYour key responsibilitiesInteracting with Senior Business Managers and Application Owners to review market data costs and product/cost reduction programsDistributing analysis, commentary and reporting of product/service usage to establish key requirements and metrics to support and assist contract negotiationsSupporting relationship management of strategic external vendors including Exchanges and BrokersManaging vendor data notifications of future changes impacting data policies and pricingManaging risk and compliance of applications consuming market data and annual recertification of applicationsYour skills and experiencePrevious Market Data knowledge ideally within large financial institution or investment bankInfluencing ability to develop and maintain effective relationships internally and externallyExcellent understanding of non-compliant data usage and remediationAttention to detail and ability to meet tight deadlinesProficiency in all Microsoft Office ApplicationsExcellent communication skills, both written and verbalProven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputsHow we’ll support youTraining and development to help you excel in your careerFlexible working to assist you balance your personal prioritiesCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsWe value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)About usDeutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers .If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [e-mail] to discuss.We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.