COO & Functions
Location
Glasgow | United Kingdom
Job description
MDFM Commercial Manager
Glasgow or Knutsford
As a Barclays MDFM Commercial Manager, you will be accountable for all Sourcing and Supplier Management activities for vendors in the Market data space. This includes liaison with Business to ascertain needs, managing commercials, new contracts, renewals, queries, projects, and any other activity related to Market Data contracts, vendors, and their associated service. You will oversee all Market Data services which includes selection, contracting, supplier audits, inventory, allocation, and payments for all Market Data services.
Barclays is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We offer careers that provide endless opportunity – helping millions of individuals and businesses thrive and creating financial and digital solutions that the world now takes for granted.
At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.
What will you be doing?
• Managing commercial negotiations with relevant Market Data vendors
• Liaising with Business, Procurement and Legal to ensure favorable commercial terms which meet business requirements and yet mitigate business risk
• Assisting in overall Business relationship with assigned business teams
• Ensuring that Barclays leverages its global purchasing power with the vendors and undertakes proactive management of the global contracts on behalf of all relevant internal stakeholders
• Ensuring that the terms of all global deals are communicated to the relevant entities who are entitled to participate, and managing Barclays compliance to any vendor terms and conditions
• Conducting regular meetings and reviews with Vendors and Business stakeholders within Category
• Ensuring best practice is put in place for negotiation of all market data purchases
• Ensuring adherence to Barclays Procurement Sourcing and Supplier Management process
What we’re looking for:
• Higher economic, business, technical, legal or finance education degree with experience in financial services industry
• Proficient in the use of MS Office
• Ability to work on your own and as part of a global team, excellent stakeholder management and influencing skills with good communication skills, both written and oral
• Experience of contractual negotiations and commercial management
Skills that will help you in the role:
• Knowledge or awareness of third-party risk management processes and controls
• Knowledge or awareness of Market Data vendors and products
• Solid grasp of functional areas of Bank
• Knowledge or awareness of Regional/global market data inventory management and cost allocation experience
Where will you be working?
Our new state-of-the-art Campus, right in the heart of Glasgow is a hub of creative collaboration. A place where everyone can bring their true selves to work and reach their full potential. Home to 5,000 of our colleagues, our Tradeston campus will support the community in more ways than one - by creating thousands of new career opportunities and celebrating local artists. A short walk from Central Station on the south of the Clyde, it will be a key location for the Barclays business that will deepen our ties with the city and its communities.
You will be based in Radbroke, Knutsford. The Barclays Technology Campus just outside Manchester is our tech command centre and a vital strategic powerhouse behind our global operations. The campus is set in a 64 acre self-contained site, in a beautiful green environment and it offers unrivalled facilities for work and for play. We have an onsite gym, as well as outdoor tennis, football and cricket areas, as well as onsite restaurant and coffee shops.#LI-Hybrid
Job tags
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