Market Data Analyst - 12 month FTC at LGT · London

Market Data Analyst - 12 month FTC Location: London LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham, Bristol and Manchester.The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs. Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business.  Belonging, respect, integrity, conviction and entrepreneurship  are our core values.  As our brand recognition grows, we are fast becoming an employer of choice in our sector.  We have over £30 billion in funds under management and circa 700 staff. Job Description Business Unit The Procurement and Supplier Oversight team are responsible for sourcing, onboarding and managing key Supplier relationships. This is a relatively new function for the business and we are still in a growth and development phase. The team is involved in overseeing and supporting each stage of the procurement process including Due Diligence, TPRM as well as some Supplier Management . Brief Role Objective: We are looking for an experienced Market Data Analyst to join the team and help support in building a function which brings efficiency, cost savings and essential governance to our business. The role holder would need to demonstrate strong experience of working with Market Data Suppliers, understanding Market data and the contractual agreements surrounding this vendor type. The role holder would be expected to effectively work with the market data procurement function in Group supporting in contract negotiations and identifying duplication and streamlining its use in the UK business. The role holder would also be expected to support in the day-to-day oversight tasks of the UK procurement and supplier oversight team. Effective stakeholder management is a must for this team so strong communication, and prioritisation skills are essential. Issue management is also a key skillset within the team and the role holder needs to be confident and effective in dealing with a variety of issues which can arise from working with suppliers, ensuring communication and clear expectations are set throughout and issues are effectively closed down. The right candidate will be comfortable in picking things up they don’t always understand and working out how to problem solve it effectively anyway. This is an excellent opportunity to help develop a growing area of the business and due to the structure of the team, there is plenty to learn. Key Responsibilities: Support commercial Market Data contract negotiations Work with Group colleagues to analyse market data usage and manage the services with the suppliers. Manage supplier related issues Support in the oversight monitoring of the wider business. Administer Contracts on Agiloft and risk assessments. Support in identifying opportunities for cost savings across the business. Help embed a TPRM framework into the business. Requirements Key Skills, Experience, and Competency Requirements: Essential Extensive Market data experience in a regulated enviroment Highly Effective in issue management Proven track record of successful commercial negotiations Excellent communication skills Analytical and problem-solving abilities, with attention to detail. Risk focused approach to working with suppliers Ability to effectively prioritise tasks and manage expectations Sound regulatory knowledge Desired Due diligence experience Contact Information We are looking forward to receiving your online application. For any further information please do not hesitate to contact us. LGT Wealth Management UK LLP Human Resources Alex Johnson Additional Locations: Edinburgh