At a Glance
- Tasks: Support bp's global market data strategy and optimise costs while collaborating with diverse teams.
- Company: Join bp, a leading energy trader committed to innovation and sustainability.
- Benefits: Enjoy flexible working, generous parental leave, and excellent retirement benefits.
- Other info: Hybrid working model with opportunities for continuous learning and career growth.
- Why this job: Make an impact in a dynamic environment while developing your analytical and problem-solving skills.
- Qualifications: Experience in business analysis, strong stakeholder management, and knowledge of market data products.
The predicted salary is between 63000 - 77000 £ per year.
The Market Data Business Analyst will support bp's global market data strategy, governance, compliance, and cost optimisation activities. Working closely with business partners, technology teams, procurement, and external vendors, you'll ensure the organisation has access to the right market data products and services while delivering value, transparency, and commercial efficiency.
The role involves assessing business requirements, recommending market data solutions, analysing subscriptions and spend, supporting vendor management and licensing compliance, and contributing to strategic market data initiatives. You will also provide reporting, conduct product and vendor evaluations, and partner with stakeholders across the business to drive informed decision-making and continuous improvement.
Key Accountabilities- Act as a trusted advisor on market data products, services, and sourcing strategies.
- Support market data governance, compliance, and cost optimisation initiatives.
- Handle relationships with business stakeholders, technology teams, procurement, and vendors.
- Evaluate market data products, vendor offerings, and business requirements to identify optimal solutions.
- Deliver spend analysis, reporting, and commercial insights to support decision-making.
- Support central initiatives involving market data across the organisation.
- Experience in business analysis, preferably within market data, trading, financial services, or energy markets.
- Strong commercial awareness and stakeholder management skills.
- Knowledge of market data products, subscriptions, licensing, and vendor management.
- Excellent analytical, problem-solving, communication, and negotiation skills.
- Ability to work effectively across business and technology functions.
- Understanding of data management concepts and AI use cases within a business environment.
At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Travel RequirementNegligible travel should be expected with this role.
Relocation AssistanceThis role is not eligible for relocation.
Remote TypeThis position is a hybrid of office/remote working.
Skills- Agility core practices
- Analytical Thinking
- Computational Thinking
- Continuous Learning
- Data Analysis
- Data cleansing and transformation
- Data Management
- Data Sourcing
- Data visualization and interpretation
- Dialogue enablement
- Exposure Management
- Machine Learning (ML)
- Macroeconomics
- Market analysis methods
- Market Risk Management
- Sentiment and Trends
- Statistics
- Trade execution and management
- Trading Fundamentals
- Trading knowledge
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fuelled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy trader.
Market Data Business Analyst in London employer: BP PLC
At Castrol, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As a Digital Portfolio Lead, you'll have the opportunity to drive impactful digital transformation initiatives while enjoying a flexible hybrid working model in vibrant locations like London or Pune. We are committed to your professional growth, providing competitive rewards and a supportive environment where diverse perspectives are valued, ensuring you can make a meaningful impact in your role.
StudySmarter Expert Advice🤫
We think this is how you could land Market Data Business Analyst in London
✨Get to Grips with Data Visualisation Tools
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✨Join Local Business Intelligence Meetups
Look for local business intelligence meetups or analytics conferences in your area. These events are not just great for learning but also for networking with industry professionals who could lead you to opportunities at companies like BP PLC!
✨Engage with Online BI Communities
Join online forums or communities focused on business intelligence—think LinkedIn groups, Reddit threads, or even dedicated Slack channels. Engage actively by sharing your insights and asking questions; this can help you build visibility and connect with potential employers.
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We think you need these skills to ace Market Data Business Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In the business intelligence field, showcasing your analytical skills is a must. Make sure your CV includes relevant experience with data analysis tools, programming languages like SQL or Python, and any projects where you've interpreted complex data sets to drive business decisions.
Showcase Your Business Acumen:Don't just focus on data; show us how you can apply your insights to real-world business problems. Highlight projects where you made a tangible impact on company performance, and be prepared to explain your thought process in your cover letter.
Tailor Your Documents for Us:When applying for a full-time role at BP PLC, tailor your CV and cover letter to reflect our organisational goals and strategies. Mention specific tools and methodologies that align with what we do—this shows you’ve done your homework and are genuinely interested in our mission!
Include Relevant Certifications:Certifications like Google Data Analytics or similar qualifications can really make you stand out in business intelligence. Include these in your application, as they demonstrate your commitment to the field and your willingness to stay current with industry standards.
How to prepare for a job interview at BP PLC
✨Show off your analytical skills
In a business intelligence role, you're going to need to demonstrate your analytical prowess. Be prepared to discuss specific tools you've used, like SQL, Tableau, or Power BI. Have real-world examples ready where you’ve turned data into actionable insights – this is what makes us shine in interviews!
✨Practice your technical know-how
Expect some technical questions during the interview that dive deep into your understanding of data modelling and analytics frameworks. Brush up on your knowledge of data warehousing concepts and be ready to tackle any real case scenarios they might present. They’ll want to see how you approach problems using your BI toolkit.
✨Portfolio of Projects
Since it's a full-time role, having a strong portfolio is key! Compile case studies demonstrating your previous projects, preferably showing how your insights led to business improvements. This can help us display how you think through complex datasets and your problem-solving process, which is what employers are keen on seeing.
✨Know their business model
Get familiar with BP PLC’s business model and recent data-driven decisions. Be prepared to discuss how your skills can specifically support their objectives or challenges. Understanding their landscape shows that you’re not just a data buff, but you’re also genuinely interested in how BI can impact their bottom line.
