Market Data Manager, CIB

Lloyds Bank plc; United Kingdom; Hybrid; GBP 61,000 - 87,000; Full time

Benefits offered by this job

Pension contributions 15%

Annual bonus

Share schemes

Wellbeing initiatives

30 days holiday

Parental leave policies

Job summary

Lloyds Bank plc in London or Birmingham seeks a Market Data Manager to oversee contracts, usage and governance of market data for Corporate and Institutional Banking. You will manage key vendors (Bloomberg, LSEG), drive cost control and risk management, and partner with internal teams to ensure data provision meets current and future business needs.

Join a hybrid working environment with strong governance and strategic impact across data services and regulatory compliance.

Qualifications

• 5+ years experience with market data in financial services.
• Experience managing market data vendors or client relationships.
• 5+ years working with market data inventory, licence records or usage reporting.
• Strong ability to identify and manage regulatory, commercial and operational risks.
• Leadership or line management experience as the role evolves.
• Analytical, data‑driven thinking for cost optimisation.

Responsibilities

• End-to-end management of market data vendors and contracts.
• Oversee market data inventory, access, usage and cost allocation.
• Identify and manage regulatory, commercial and operational risks.
• Collaborate with internal teams to align data needs with requirements.
• Drive cost optimisation and target operating model improvements.
• Stay informed on industry, vendor and regulatory developments.

Skills

Market data management

Vendor relationships

Cost optimisation

Risk management

Leadership

Data governance

Tools

Bloomberg

LSEG

Job description

Job Description

End Date Friday 04 September 2026 Salary Range £0 - £0 We support flexible working – click here for more information on flexible working options Flexible Working Options Hybrid Working, Job Share

Salary: £61,000 – £87,000 (dependent on location & experience)

Locations: London / Birmingham

Hours: Full-Time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

About This Opportunity: You’ll join our Corporate and Institutional Banking (CIB) Market Data Services team, playing a critical role in how market data is sourced, governed and optimised across the bank. Accountable for key vendors, cost control and risk management, you’ll ensure market data is aligned with regulatory and business requirements and remains cost‑effective. Based within the CIB Chief Operating Office, we partner closely with internal teams and external suppliers such as Bloomberg and London Stock Exchange Group. As our Market Data Manager, you’ll bring subject matter expertise across contracts, usage, governance and supplier performance, helping to protect the bank while enabling colleagues to access the data they need to serve our clients and support CIB’s growth strategy.

Key Accountabilities

• End‑to‑end management of market data vendors and contracts, including onboarding new services, contract implementation and ongoing supplier performance, working closely with Supplier Management and key vendors such as Bloomberg and London Stock Exchange Group
• Oversight of market data inventory and usage records, including access management, usage reporting and cost allocation. Ensure contractual terms are met and support effective cost control across the business.
• Proactive identification, assessment and management of risks associated with market data provision, including regulatory, commercial and operational risks, with issues managed through established governance routes.
• Partnering with internal collaborators to understand business needs, provide subject‑matter expertise on market data solutions, and ensure data provision aligns to current and future requirements.
• Driving optimisation and efficiency by evaluating solutions, finding opportunities for cost mitigation, and supporting delivery of a sustainable target operating model as the business evolves.
• Maintaining strong awareness of industry, vendor and regulatory developments relevant to market data, applying this insight to inform decision‑making and advise the business.

What We’re Looking For

• Significant experience (5+ years) working with market data or market data services, gained within a financial services organisation, market data provider or data services business
• Experience managing market data vendors or client relationships, including contract implementation, usage considerations and ongoing commercial or service discussions
• Demonstrated experience (5+ years) working with market data inventory, entitlement models, licence records or usage reporting, from either a consumer or provider perspective
• Strong ability to identify and manage risk, including regulatory, commercial and operational considerations, applying sound judgement and supporting appropriate outcomes
• Experience providing day‑to‑day leadership, coaching or supervision to colleagues, supporting development, knowledge‑sharing and effective delivery, with line management responsibilities as the role evolves
• Analytical and structured thinking, with the ability to evaluate options, interpret data from multiple sources and support cost optimisation or efficiency improvements

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long‑term health or neuro‑divergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

Benefits

• A generous pension contribution of up to 15%
• An annual performance‑related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Should you wish to contact us for any reason, please email us at: [e-mail]

For more Flexible Working Options please use the free text search, e.g. job sharing, variable hours, to identify relevant matches.