Market Data Business Management – Director

Job Summary

We are seeking a strategic and commercially minded Market Data Business Management to support our GROUP, mainly with Corporate Investment Banking (CIB) and Wealth Retail Banking (WRB) divisions.  This role is responsible for managing the full lifecycle of market data services – sourcing, budgeting, compliance, and vendor management, lead a team and ensuring alignment with front office priorities and regulatory requirements.

The ideal candidate will combine strong vendor and financial management skills. With the ability to lead people, foster collaboration, and influence across departments. You will act as the key liaison between CIB/WRB stakeholders, vendors, and internal support functions (e.g. Technology & Operation, Finance, Legal), helping to ensure efficient, compliance and cost-effective access to data that underpins deal execution, client advisory, and investment research.

Strategy
•    Oversee the entire life cycle of market data subscriptions, from demand management, procurement, contract negotiation, usage tracking, and renewal evaluations.

Business Partnering
•    Serve as the dedicated Market Data liaison for CIB & WRB (front/middle/back office) stakeholders, understanding evolving data needs.
•    Provide strategic guidance on data selection, platform optimization and cost efficiency.
•    Translate front office data requirement into procurement and usage strategies.
•    Support strategic initiatives such as application data demand due to business coverage, platform upgrades, digital advisory, and product expansion.
•    Partner with COOs, business leads, and advisors to align data services with business goals.

People and team management
•    Lead and mentor a team of market data analysts.
•    Define team objectives and KPIs aligned with divisional strategy.
•    Promote cross training, collaboration, and a continuous mindset.
•    Manage workload allocation. Performance reviews, and career development.

Vendor & Product Management
•    Centralise and standardise the subscription to ensure transparency and efficiency.
•    Lead vendors negotiations and manage long term relationship with key data providers (e.g. Bloomberg, LSEG, FactSet, S&P. Morningstar)
•    Evaluate new data sources for use in financial advisory, market intelligence, and client reporting.
•    Oversee entitlements, renewals, and rationalization of redundant services.

Financial Management & Reporting
•    Maintain the market data budget and cost allocation model across GROUP.
•    Tracks spend, forecast usage trends, and report to senior leadership on cost drivers.
•    Lead annual budgeting and coordinate with Finance and divisional COOs.
•    Continuously improve inventory management and reporting tools.

Key Responsibilities

Compliance & Risk Management
•    Ensure compliance with vendor licensing terms, including terms, including proper usage across advisors, bankers, analysts, and support teams.
•    Respond to vendor audit and manged internal control processes.
•    Implement and maintain tools to track usage and access rights (e.g. TRG, DACS)

Operational Efficiency
•    Optimise data distribution and usage to align with front office workflows.
•    Collaborate with Technology to improve delivery infrastructure (desktop, API, feed-based).
•    Standardize onboarding/offboarding processes for market data access.
•    Develop forecasting models to plan and optimise future data subscriptions.

Regulatory & Business Conduct

•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Our Ideal Candidate

• Bachelors Degree in Business Finance, Data Management or a related field 
• 7+ years of experience in market data management, vendor management and financial operations support roles 
• Strong understanding of data usage with IB (E.G. M&A, Capital Markets) and Wealth Management (E.G. Client Portfolios, Research Platforms) 
• Experience managing or mentoring staff, with strong leadership and delegation skills
• Track record of of manaing vendor negotiations & contract management 
• Experience with budgeting, cost recovery models and invoice oversight

Role Specific Technical Competencies

•    Strong analytical and financial modelling skills
•    Commercial mindset with ability to identify cost-saving opportunities.
•    Excellent communication and negotiation abilities.
•    High attention to detail and ability to manage multiple stakeholders.
•    Familiarity with project management and process optimization

About Standard Chartered

We’re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can’t wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers