Market Data Manager, CIB

TL;DR

Market Data Manager (CIB): End-to-end management of market data vendors, contracts, and usage across Corporate and Institutional Banking with an accent on cost control, risk management, and regulatory compliance. Focus on optimizing inventory, supplier performance, and aligning data provision with business needs and growth strategy.

London / Birmingham. Hybrid working: at least two days per week (40% of time) in office.

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

Company

Leading UK bank rebooting finance through Corporate and Institutional Banking (CIB), partnering with vendors like Bloomberg and London Stock Exchange Group.

What you will do

• Manage market data vendors and contracts end-to-end, including onboarding, implementation, and performance oversight.
• Oversee market data inventory, usage records, access management, reporting, and cost allocation.
• Identify, assess, and manage risks (regulatory, commercial, operational) through governance processes.
• Partner with internal teams to align market data solutions with business requirements.
• Drive optimisation, cost mitigation, and sustainable operating models.
• Monitor industry, vendor, and regulatory developments to inform decisions.

Requirements

• 5+ years experience with market data or services in financial services, market data provider, or data services business.
• Experience managing market data vendors/clients, contracts, usage, and commercial discussions.
• 5+ years with market data inventory, entitlements, licences, or usage reporting.
• Strong risk identification and management skills across regulatory, commercial, and operational areas.
• Day-to-day leadership, coaching, or supervision experience.
• Analytical thinking for evaluating options, data interpretation, and efficiency improvements.

Culture & Benefits

• Hybrid working with flexibility and adjustments for disabilities.
• Generous pension up to 15%, performance bonus, share schemes.
• 30 days holiday plus bank holidays, adaptable lifestyle benefits.
• Wellbeing initiatives, parental leave, menopause support, Working with Cancer program.
• Commitment to diversity, equity, inclusion; Disability Confident Leader with guaranteed interviews.