Market Data Commercial Owner - VP

Embark on a transformative journey as a Market Data Commercial Owner - VP. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. In this role you will be responsible for evaluating the integrity and effectiveness of Barclays’ internal control framework to ensure robust mitigation of operational, financial, and reputational risks. This role partners closely with key stakeholders and governance forums to oversee procurement service delivery, provide expert guidance, and shape procurement strategies that align with both business objectives and procurement function priorities.

To be successful as a Market Data Commercial Owner - VP, you should have:

• Ample understanding of risk management principles with the ability to assess, challenge, and enhance control frameworks

• Proven working knowledge of market data products and commercial models

• Ability to build strategic relationships across the business, influence senior stakeholders, and engage effectively with cross‑functional teams

• Experience managing external market data vendors, negotiating commercial terms, and ensuring service value and compliance with internal standards

Some other highly valued skills may include:

• Collaborative mindset with the ability to work independently and progress critical workstreams

• Clear and effective communicator with the ability to convey complex concepts to technical and non‑technical audiences

• Experience partnering with diverse business lines such as Research, Banking, Markets, and Technology

You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

This role is located in New York, NY.

Minimum Salary: $150,000

Maximum Salary: $205,000

The minimum and maximum salary/rate information above includes only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

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.