Parameta Solutions - Business Analyst

Posted 15 April by eFinancialCareers

Register and upload your CV to apply with just one click

Job Description

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions
Parameta Solutions, the data and analytics division of inter-broker dealer TP ICAP, is a leading global provider of OTC Market Data. From pre to post trade, their solutions help clients manage complex markets more effectively.

In May 2022, the firm became an FCA authorized benchmark administrator. This license has allowed the company to take on administration of the nine TP ICAP interest rate swaps benchmarks that were previously administered by Moorgate Benchmarks. In April 2023, the firm was also approved as an ESMA authorised benchmark administrator, making it the first IDB to administer OTC benchmarks and indices across Europe AND the UK.

Central to Parameta's purpose is partnering with clients to create true value. The team is focussed on helping clients navigate changing market conditions, not only by providing world-class proprietary data but also the analysis and insight that will fuel their strategies.

Role Responsibilities
  • Engage with internal and external stakeholders to translate regulatory drivers & customer needs, and provide in-depth business analysis service to help design, build, test and implement user-centric, data-driven and regulatory-compliant solutions.
  • Liaise with Order Management and Trade Management technology and business teams to undertake analysis of a range of data sources, and understand the data landscape, flows and attributes (definitions, lists of values, formats, etc).
  • Present analyses, findings and recommendations to key stakeholders to support decision making.
  • Collaborate with SMEs and Product Team to define end-to-end scope, document/map process flow, and produce a clear, signed off, prioritised set of business and functional requirements.
  • Clarify and challenge business needs to ensure any new or changed processes, functionalities or solutions are fit for purpose.
  • Provide support to the development teams (Data Science, Data Engineering), including clarifying, delineating and re-defining requirements.
  • Work alongside Project Managers to drive action from appropriate stakeholders, and ensure successful project planning and delivery of solutions.
Experience / Competences

Essential
  • Experience in financial industry, with proficiency working as a Business Analyst in a single role.
  • Working knowledge of at least one the following OTC or Exchange traded linear and non-linear financial products: Interest Rates, FX, Fixed Income, Equity, Energy & Commodities and Credit.
  • Experience working in projects relating to pre-to-post/front-to-back trade lifecycle (market data ingestion, e-trading, pricing, best execution, STP, position, risk and P&L management) or regulatory reporting (e.g. FRTB, MiFID II).
  • Exposure with end-to-end project delivery, bringing a full suite of the business analysis skillset, including but not limited to requirement gathering, documentation, problem solving, data analysis and testing.
  • Ability to write SQL to retrieve and analyse data from a database.
  • Excellent interpersonal and team working skills, with the ability to communicate effectively, both verbally and in writing, with different stakeholders at all levels.
  • Logical, analytical and structured approach to problem solving with attention to detail.
  • Ability to prioritise workload to meet deadlines, and to adapt and react to project change requests adequately under pressure.
Desired
  • Practical knowledge of Python and FIX, or other programming languages and messaging protocols.
  • Familiarity with agile delivery methodologies and tools like JIRA and Confluence.
  • Proactive disposition and an inquisitive nature - a keen self-starter.
  • Experience within the cloud space (AWS, GCP, Snowflake, ThoughtSpot, etc.)
  • Familiarity with various trading protocols used in the Inter Dealer Broker market (RFQ, CLOB, Periodic Auction etc).
  • Exposure to system integration and UX/UI design.
Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

#PARAMETA

Location

UK - 135 Bishopsgate - London

Reference: 52478295

Please note Reed.co.uk does not communicate with candidates via Whatsapp, and we will never ask you to provide your bank, passport or driving licence details during the application process. To stay safe in your job search and flexible work, we recommend visiting JobsAware, a non-profit, joint industry and law enforcement organisation working to combat labour market abuse. Visit the JobsAware website for information and free expert advice for safer work.

Report this job