Market Data Operations Analyst

Job Description

Purpose of the role

To partner with key stakeholders and forums to oversee Procurement service delivery, provide advice and develop procurement strategy to meet both the needs of the business and Procurement.

Accountabilities

• Development & implementation of the wider Procurement strategy in collaboration with stakeholders and Procurement domains.
• Implementation of the procurement strategy aligned to the bank’s objectives and relevant regulators, through the prioritisation and use of Procurement resources.
• Provide expertise on Procurement policies and procedures, third party risk, sourcing strategy and supplier relations to business stakeholders through education.
• Act as a point of escalation for Procurement service and delivery issues for business stakeholders.
• Act as the primary interface for Procurement with senior stakeholders in the business, developing & utilising relationships and influence to deliver improvements in key indicators and objectives.
• Identification of & where applicable, delivery of opportunities for business cost savings, client experience, service improvement & Procurement efficiency.
• Voice of the business with Procurement domains, developing and utilising relationships & influence to impact Procurement service delivery.
• Provide insights and actionable intelligence to business stakeholders to support business decision making to improve the commercial & risk profile of the business.
• Support the business with strategic activity acting as the Procurement representative for key business change programmes, acquisitions and divestments.

Analyst Expectations

• To meet the needs of stakeholders/ customers through specialist advice and support
• Perform prescribed activities in a timely manner and to a high standard which will impact both the role itself and surrounding roles.
• Likely to have responsibility for specific processes within a team
• They may lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. They supervise a team, allocate work requirements and coordinate team resources.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L - Listen and be authentic, E - Energise and inspire, A - Align across the enterprise, D - Develop others.
• OR for an individual contributor, they manage own workload, take responsibility for the implementation of systems and processes within own work area and participate on projects broader than direct team.
• Execute work requirements as identified in processes and procedures, collaborating with and impacting on the work of closely related teams.
• Check work of colleagues within team to meet internal and stakeholder requirements.
• Provide specialist advice and support pertaining to own work area.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
• Maintain and continually build an understanding of how all teams in area contribute to the objectives of the broader sub-function, delivering impact on the work of collaborating teams.
• Continually develop awareness of the underlying principles and concepts on which the work within the area of responsibility is based, building upon administrative / operational expertise.
• Make judgements based on practise and previous experience.
• Assess the validity and applicability of previous or similar experiences and evaluate options under circumstances that are not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related specifically to customer advice or day to day administrative requirements.
• Build relationships with stakeholders/ customers to identify and address their needs.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.

Join us at Barclays as a Market Data Analyst. In this role, you will join a global Market Data team operating across Glasgow and New York, supporting the management, oversight, and optimisation of Barclays' market data services and spend. You will play a key role in ensuring the effective administration of market data access, monitoring vendor services, and supporting the operational processes that underpin the firm's market data environment.

The role involves working closely with internal stakeholders, reviewing market data usage, analysing spend trends, and supporting the governance of external service providers, including oversight of market data management platforms such as Calero. This role requires a highly organised individual with strong analytical skills, excellent attention to detail, and the ability to work accurately within established controls and approval processes.

To be successful as a Market Data Analyst you should have:

• Strong stakeholder management skills, with the ability to build effective working relationships across multiple business areas.

• Experience working with market data, including analysing usage, spend, and trends.

• Advanced Excel skills, including the use of Pivot Tables and data analysis techniques.

• Exceptional attention to detail, particularly when reviewing invoices, validating data, and operating within approval processes.

• The ability to manage multiple operational tasks while maintaining accuracy and meeting deadlines.

Some other highly valued skills/experience include:

• Experience creating professional presentations using PowerPoint.

• Experience identifying opportunities to automate and improve operational processes.

• Strong analytical and problem-solving capabilities.

You may be assessed on key critical skills relevant for success in the role, such as market data analysis, stakeholder management, operational effectiveness, attention to detail, problem-solving, and communication, alongside role-specific technical skills.

This role is based in Glasgow.