Market Data Manager, CIB (12-month Fixed Term Contract)

Lloyds Banking Group; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Generous pension (up to 15%)

Annual bonus

Share schemes

Discounted shopping

30 days holiday

Job summary

Lloyds Banking Group is seeking a Market Data Manager in London to lead vendor management, budget oversight and governance for market data services within CIB.

You will partner with internal teams and key vendors like Bloomberg and LSEG to optimise usage, control costs and ensure regulatory alignment. This 12-month fixed-term contract offers hybrid working and exposure to strategic data initiatives.

Qualifications

• Significant experience (5+ years) in market data or data vendor management.
• Experience managing market data vendors and contracts.
• Strong understanding of market data inventories, entitlements and usage reporting.
• Experience identifying and managing regulatory, commercial and operational risks.

Responsibilities

• End-to-end management of market data vendors and contracts, including onboarding and performance.
• Oversight of market data inventory, entitlements, usage records and cost allocation.
• Identify and manage regulatory, commercial and operational risks within governance routes.
• Partner with internal customers to provide market data expertise and align with business needs.
• Drive cost optimisation and efficiency toward a sustainable operating model.
• Monitor market, vendor and regulatory developments to inform governance and planning.

Skills

Market data management

Vendor management

Contract management

Budget oversight

Risk management

Stakeholder engagement

Tools

Bloomberg

London Stock Exchange Group

Job description

JOB TITLE: Market Data Manager, CIB (12-month Fixed Term Contract)

LOCATIONS: London

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. Responsible for key market data vendors, budget oversight, risk management and service governance, you'll help ensure market data remains aligned with regulatory obligations, business requirements and strategic priorities.

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 Market Data Manager, you'll provide subject matter expertise across contracts, supplier relationships, inventory management, usage governance and cost optimisation, helping colleagues access the data they need while supporting CIB's strategic objectives.

This is a fantastic opportunity to join the team on a 12-month fixed-term basis, taking ownership of critical market data services while helping shape future capability, governance and supplier 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, entitlement and usage records, including access management, usage reporting, supplier declarations and cost allocation. Ensure contractual obligations are met and support effective budget management and 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
• Acting as a trusted business partner to key internal customers, providing market data expertise and professional advice while ensuring solutions align to current and future business needs.
• Driving optimisation and efficiency by evaluating complex solutions, finding opportunities for cost mitigation and supporting delivery of a sustainable target operating model as business requirements evolve.
• Maintaining strong awareness of market, vendor and regulatory developments, applying these insights to support decision-making, governance and strategic planning.

What We're Looking For

• Significant experience (5+ years) working within market data, market data services or data vendor management.
• Experience managing market data vendors, supplier relationships and contract implementation.
• Strong understanding of market data inventory systems, entitlements, licence management and usage reporting.
• Experience identifying and managing operational, commercial and regulatory risks.
• Strong relationship management and business partnering skills, with the ability to influence effectively across a broad range of colleagues and teams.
• Ability to evaluate complex issues and support cost optimisation and commercial decision making.

Preferred

• Experience coaching, mentoring or supporting development of colleagues.
• Knowledge of major market data vendors such as Bloomberg and London Stock Exchange Group.
• Experience operating within a regulated financial services environment.

This Is A Place For You

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we're committed to creating an environment in which everyone can thrive, learn and develop. 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 neurodivergent 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.

We also offer a wide-ranging benefits package, which includes:

• 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