Our vision is to make Lloyds Banking Group the best bank for customers. As the UK's largest retail and commercial bank, we have a footprint that touches nearly every community and household in the UK. That gives us a big responsibility to support the UK economy, and to put customers at the heart of everything we do.Lloyds Banking Group is the firm behind some of the UK's leading financial services brands. Working together, we're putting people first. Across a broad and comprehensive range of products and services, we're making banking simpler, more accessible and more effective for everyone. We aim to be the best bank for customers and communities - and for our people. Join us, and you'll find your professional fulfilment is always a priority. Our Commercial Banking business provides a client focused approach for UK businesses and businesses with strong links to the UK. Through our network of relationship managers our clients can tap into sound local knowledge, allowing us to provide them with expert advice on their businesses and the products they need to help them secure growth, manage risk and maximise efficiency. Within Commercial Banking, the Data Services teams have a critical role to play in us becoming the 'Best Bank for Clients'. A client-centric front office needs a robust set of data and processes to underpin their work and allow them to spend more time with clients and less time on administration. Our aim is to provide high-quality 'golden-source' data to meet the requirements of teams across CB and its support functions.In this position, you'll report to the Head of Market Data and be working to implement a cohesive Market Data Strategy for Lloyds Banking Group. The aim is to implement that strategy across the LBG with a clear objective of reducing costs in Market Data services. This will require working closely in conjunction with a number of areas within the bank and with external parties. The activities of the Market Data Business Analyst & Vendor Management team include engaging with the business to ascertain requirements, evaluate potential solutions and execute on implementation in a way that minimizes additional expenditure. To successfully deliver, significant industry knowledge and/or vendor engagement will be highly valued.The team's major focuses include expense management initiatives to reduce operating costs, relationship management of strategic vendors and inventory / procurement automation. The Market Data team are responsible for ensuring all vendor contracts and relationships adhere to LBG vendor management standards and best practices.As a Market Data Business Analyst, you'll undertake specific market data reviews across departments to establish our current data usage across applications and desktops. You'll define and manage a set of core and non-core data products and services that are aligned to BAU needs and to the Market Data strategy. You'll provide monthly reporting to track MD expenditure against budget and perform regular cost benefit analysis of usage, with specific focus on continuing lower cost displacements. You'll regularly review Market Data trends and services, meeting key Market Data vendors and market counterparts to maintain your knowledge of service offerings and the MD landscape. Prior to contract renewals, you'll provide specific analysis and reporting of market data usage to establish key requirements and metrics to support and assist negotiations.To be successful in this position, you'll need previous Market Data knowledge within a sell side environment, ideally within a large corporation or investment bank. You'll need strong analytical skills and attention to detail. Your advanced Excel skills will enable you to collate, manipulate and present information effectively. You'll need to have good grasp of finance and commercial issues and a track record of delivering BAU work and projects on time. Your influencing skills and ability to develop and maintain effective relationships will mean you're able to give clear, practical and sound Market Data advice to colleagues at all levels across the business.Lloyds Banking Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to creating an inclusive workplace where all our colleagues can be themselves and succeed on merit. We are committed to the principles of agile working and we will be pleased to consider applications from candidates wishing to work any flexible arrangement. We are proud of the industry recognition we have received, including Stonewall Top 100 Employer, Top 30 Employer for Working Families, Gold Standard 2014 from the Business Disability Forum and Top 50 Employer for Women. If you consider yourself a good match for the role, we would welcome your application.
The Mission of the American Business Women's Association is to
bring together businesswomen of diverse occupations and to provide
opportunities for them to help themselves and others grow personally
and professionally through leadership, education, networking support,
and national recognition.