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.
Essential Criteria & Qualifications
- 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.
Travel Requirement
Negligible travel should be expected with this role.
Relocation Assistance
This role is not eligible for relocation.
Remote Type
This 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
Market Data Business Analyst 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
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BP PLC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Market Data Business Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BP PLC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BP PLC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BP PLC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BP PLC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BP PLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BP PLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
