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MDFM Commercial Manager

Glasgow, Scotland

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MDFM Commercial Manager

Glasgow, Scotland

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Date live: May. 31, 2024

Business Area: COO & Functions

Area of Expertise: Sourcing/Procurement

Reference Code: 90385180

Contract: Permanent

MDFM Commercial Manager

As a Barclays Market Data Financial Management (MDFM) Commercial Manager, you will be individually responsible for proactively managing a specified group of vendors and business areas on behalf of MDFM ensuring that Barclays obtain the most cost effective market data services to meet business requirements. You will also evolve the MDFM strategy based on direction from MDFM Leadership team, your own strategic thoughts, strategic insights from the lines of business, Group, industry groups and our competitors.

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?

•    Being responsible for leading commercial negotiations with relevant Market Data vendors 
•    Managing overall Business relationship with assigned business teams  
•    Advocating proactively for and advancing the MDFM strategy with the Business
•    Displaying high levels of leadership, influencing and transformational abilities, striving for continuous improvement across MDFM services
•    Ensuring that Barclays leverages its global purchasing power with vendors and undertake proactive management of the global contracts 
•    Ensuring that all the terms of global deals are communicated to the relevant entities who are entitled to participate in them, and manage the compliance of Barclays 

What we’re looking for:

•    In depth market data knowledge and understanding of different functional areas of a Bank
•    Excellent organisational skills with an ability to effectively utilize those around you
•    Ability to energise, motivate and inspire teams towards a common goal
•    Great communication skills with experience managing stakeholders across a universal bank, with an ability to summarise large and complex data with insightful analysis

Skills that will help you in the role:

•    Great team player and supportive team member
•    Ability to work under own initiative 

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.


More about working at Barclays

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.

We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a Carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility then please discuss this with the hiring manager.

The Barclays Way

This is the spirit of Barclays. It’s why we exist, what we believe and how we behave. But most importantly, it’s how we make decisions, take action and get things done.

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We discover our full potential through our desire to Empower, Challenge and Drive each other.

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