The MANAGE privilege in Unity Catalog provides the ability to grant and revoke privileges on the specified object (in this case, a catalog) without giving full administrative access or ownership.
This is the Databricks-recommended approach for delegating governance responsibilities while preserving the principle of least privilege .
By contrast, the ALL PRIVILEGES option grants excessive access (including read and write permissions), and metastore admin status provides global control over all catalogs-far exceeding the requirement. The MANAGE privilege enables the finance team lead to control access to objects within finance_data responsibly while limiting overall administrative exposure.