Assistant Market Data Analytics Manager (12 Month Fixed Term Contract)

End Date

Wednesday 05 February 2025

Salary Range

£0 - £0

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Hybrid Working

Job Description Summary

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Job Description

JOB TITLE: Assistant Market Data Analytics Manager (12 Month Fixed Term Contract)
SALARY: £42,000 – £60,000 (depending on experience and location)
LOCATIONS: Birmingham / Bristol / 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

About This Opportunity

Our Market Data team in the CIB Chief Operating Office plays a critical role in the execution of our strategy. We're responsible for the strategic management, provision and administration of Market data. The team looks to optimise relationships, identify new opportunities, capabilities and data to support our strategy and manages a large annual budget.

Market Data is a broad term used in reference to financial information necessary for analysing, trading and accounting. We source this from external providers.

We're seeking two highly analytical and diligent Market Data Analysts to join our team on a Fixed Term Contract basis.

Your role will focus on optimizing data usage, managing vendor relationships, streamlining administrative processes, and driving cost efficiencies. You’ll play a pivotal role in achieving our 2025 goals, including a 10% cost-saving target, by delivering actionable insights and ensuring alignment between data services and business needs.

Key Responsibilities

• Data Optimization - Conduct regular audits of market data usage, identifying underutilized or redundant services. Collaborate with business units to align data subscriptions with their specific use cases and strategic goals. Propose and implement strategies for improving the value of current data services.

• Vendor Management and Cost Control - Assist in contract reviews and renegotiations with top vendors to secure cost savings and improved terms. Examine vendor performance and advise on actions for optimizing vendor relationships, including strategies for transitioning. Support the development of cost escalation counter-strategies and contribute to achieving cost-saving targets.

• Efficient Administration - Streamline invoice processing and improve the accuracy of cost allocation methodologies. Ensure administrative tools and processes are suitable and adjust to internal and external changes. Contribute to the creation of adaptive reporting solutions for real-time insights and collaborator needs.

• Reporting and Insights Generation - Prepare detailed usage reports, financial forecasts, and dashboards for collaborators. Identify trends, provide actionable insights, and recommend improvements based on data analysis.

• Collaboration and Innovation - Work cross-functionally with procurement, finance, IT, and business units to align data solutions with organizational goals. Stay informed about industry trends and tools to suggest innovative approaches for data management.

Why Lloyds Banking Group

We’re on an exciting journey and there couldn’t be a better time to join us. The investments we’re making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What You’ll Need

Key to this role is your relevant experience of Market Data and demonstrable evidence of the following…

Technical Skills:

• Experience with Market Data inventory and entitlement systems.

• Proficiency in Excel, Power BI, or other data visualization tools.

• Strong analytical skills with experience in managing large datasets.

• Familiarity with market data systems (e.g., Bloomberg, Refinitiv) and contract management.

Soft Skills:

• Background in Financial Services

• Excellent communication and collaborator engagement skills.

• Strong organizational and multitasking abilities to manage competing priorities.

• Problem-solving approach with a focus on delivering measurable results.

Desirable Skills:

• Knowledge of financial planning and cost allocation methodologies.

• Experience in process optimization and workflow automation.

• Understanding of compliance and risk management in market data contracts.

• Experience in vendor or contract management is a plus.

About Working For Us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

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.

And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

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

• 28 days’ holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

Ready to start growing with purpose? Apply today.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.