At a Glance
- Tasks: Lead global product development for data opportunities in financial markets.
- Company: Join TP ICAP, the world's largest interdealer broker, known for innovation and market expertise.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Be at the forefront of data solutions, shaping the future of financial markets with a dynamic team.
- Qualifications: Experience in market data and product management in financial services is essential.
- Other info: Inclusivity is key; we encourage all backgrounds to apply and explore their potential.
The predicted salary is between 72000 - 108000 £ per year.
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 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 is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services.
Role Overview: The role involves leading Parameta Solutions' global product development initiatives, focusing on data opportunities from TP ICAP's Global Broking activities. The position requires managing a team of regional subject matter experts, setting objectives, and developing strategies for current and future data products. The candidate will serve as the subject matter expert on a range of OTC derivatives, fixed income, credit, and equity derivative data products, both internally and externally. Responsibilities include overseeing the procurement of data from broking desks, ensuring its proper channeling through Parameta Solutions, and maintaining a five-year strategic plan with market analysis and P&L projections.
Additionally, the role involves guiding products from ideation to market launch, ensuring P&L delivery, and coordinating with various teams including Technology, Sales, Client Services, and Analytics for successful project implementation. The candidate will engage with industry bodies, manage multiple projects, and perform data inventory assessments to identify monetisation opportunities. Maintaining strong relationships with senior Global Broking managers and working closely with other product managers and marketing teams is crucial. The role also includes providing SME support during sales processes and representing the company at industry events. As a senior staff member, the candidate is expected to lead and mentor junior colleagues, driving process improvements and strategic initiatives with potential third-party data sources.
Role Responsibilities:
- Lead global product development initiatives for new data opportunities from Global Broking activities.
- Manage a team of regional SMEs, setting objectives and strategies for current and future data products.
- Act as the subject matter expert for OTC derivatives, FX derivatives, fixed income, credit, and equity derivative data products.
- Oversee the procurement and publication of data from all new broking desks via Parameta Solutions.
- Develop and maintain a five-year strategic plan, including market analysis and P&L projections for Global Broking data products.
- Guide products through ideation, development, and go-to-market launch phases.
- Ensure P&L delivery and report on product performance to senior management and key stakeholders.
- Coordinate with various teams to implement complex projects and ensure successful execution.
- Engage with industry bodies and clients to research and enhance content and data offerings.
- Drive new business initiatives through research, documentation, and communication of new data methodologies.
- Conduct periodic data inventory assessments and identify new monetisation opportunities.
- Collaborate with other product managers to develop revenue-generating products from Global Broking data.
- Maintain strong relationships with senior Global Broking managers and other key stakeholders.
- Oversee marketing activities, including newsletters and conference representation, and support sales campaigns.
- Lead process and operational improvements and provide guidance to junior colleagues on issue escalation.
Experience / Competences:
Essential:- Experience in a real-time market data environment (either buy-side or sell-side).
- Proven product management experience in financial services, including bringing revenue-generating products to market.
- Understanding of the use of OTC data within financial markets, including the instruments required for various businesses.
- Degree qualified or equivalent work experience.
- Excellent leadership, communication (written and verbal), analytical, and negotiation skills.
- Highly effective decision-making skills.
- Ability to work to demanding targets and deadlines while maintaining strong organisation and focus.
- Ability to review large, complex trends of financial and customer data to improve P&L and customer service.
- Ability to translate ideas from concept into strategy and specific actions.
- Creative and commercially savvy, with the ability to anticipate and interpret upcoming industry trends.
- Demonstrated leadership skills, including listening, empathy, decisiveness, and stakeholder management.
- Comfortable representing TP ICAP at events and seminars.
- Ability to sponsor change/continuous improvement and promote excellent customer service.
- Ability to work independently and self-motivated.
- High impact and visible credibility at all levels.
Head of Capital Markets Data Products, Parameta Solutions (Basé à London) employer: Golden Bees
Contact Detail:
Golden Bees Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Capital Markets Data Products, Parameta Solutions (Basé à London)
✨Tip Number 1
Familiarise yourself with the latest trends in capital markets and data products. Understanding the current landscape will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in data analytics and product management. Attend industry events or webinars to connect with potential colleagues and gain insights into the company culture at Parameta Solutions.
✨Tip Number 3
Prepare to discuss your experience with OTC derivatives and other relevant financial instruments. Be ready to share specific examples of how you've successfully managed product development or led teams in similar environments.
✨Tip Number 4
Research TP ICAP's recent initiatives and projects within Parameta Solutions. Being knowledgeable about their current offerings and strategic goals will allow you to tailor your discussions and show how you can contribute to their success.
We think you need these skills to ace Head of Capital Markets Data Products, Parameta Solutions (Basé à London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product management and market data environments. Emphasise your leadership skills and any specific achievements related to financial services.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Parameta Solutions. Discuss how your background aligns with their mission and the specific responsibilities of the position, particularly your experience with OTC derivatives and data products.
Showcase Relevant Skills: Clearly outline your analytical, negotiation, and decision-making skills in your application. Provide examples of how you've successfully managed teams and projects in the past, especially in high-pressure environments.
Research the Company: Familiarise yourself with TP ICAP Group and Parameta Solutions. Understand their market position, recent developments, and how they approach data solutions. This knowledge will help you tailor your application and prepare for potential interviews.
How to prepare for a job interview at Golden Bees
✨Understand the Role Inside Out
Make sure you thoroughly understand the responsibilities and expectations of the Head of Capital Markets Data Products role. Familiarise yourself with the specifics of OTC derivatives, fixed income, and equity derivative data products, as well as the strategic goals of Parameta Solutions.
✨Showcase Your Leadership Skills
As a senior position, demonstrating your leadership capabilities is crucial. Prepare examples of how you've successfully managed teams, set objectives, and driven product development initiatives in previous roles. Highlight your ability to mentor junior colleagues and lead cross-functional projects.
✨Prepare for Industry-Specific Questions
Expect questions that delve into your understanding of market data environments and the financial services sector. Be ready to discuss how you have previously brought revenue-generating products to market and your insights on upcoming industry trends.
✨Engage with the Company’s Vision
Familiarise yourself with TP ICAP's mission and values. During the interview, express how your personal values align with their commitment to innovation and inclusivity. This will demonstrate your genuine interest in the company and its culture.