Market Data Commercial Manager

Join Barclays as a Market Data Commercial Manager in our Procurement team.

The role involves managing commercial relationships and procurement activities related to market data, engaging with internal stakeholders to address queries, ensuring compliance with third‑party risk management protocols, and driving value through strategic sourcing.

Location:

Glasgow

• Develop and implement the wider procurement strategy in collaboration with stakeholders and procurement domains.
• Implement the procurement strategy aligned with the bank’s objectives and relevant regulators, prioritising and allocating procurement resources.
• Provide expertise on procurement policies and procedures, third‑party risk, sourcing strategy and supplier relations to business stakeholders.
• Act as a point of escalation for procurement service and delivery issues for business stakeholders.
• Serve as the primary interface for procurement with senior stakeholders, developing relationships and influencing to deliver improvements in key indicators and objectives.
• Identify and deliver opportunities for business cost savings, client experience, service improvement and procurement efficiency.
• Voice of the business with procurement domains, influencing procurement service delivery.
• Provide insights and actionable intelligence to support business decisions and improve the commercial and risk profile of the business.
• Support strategic activity as the procurement representative for key business change programmes, acquisitions and divestments.

• Solid experience in procurement or market data.
• Strong stakeholder engagement and relationship management.
• Working knowledge of third‑party risk and compliance frameworks.

• Process‑oriented with a focus on operational efficiency.
• Clear, confident communication across teams and vendors.
• Skilled in commercial negotiation and securing value.

• Perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
• Lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
• Demonstrate leadership behaviours to create an environment for colleagues to thrive.
• Take responsibility for managing risk, strengthening controls and ensuring compliance with regulations and codes of conduct.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship, and the Barclays Mindset of Empower, Challenge and Drive.