Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Drive market data onboarding and distribution for valuation and risk management.
- Company: Join a leading investment bank with a focus on innovation and collaboration.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Make an impact in the finance sector by optimising market data processes.
- Qualifications: 8+ years in market data roles, strong knowledge of Alveo and Murex.
- Other info: Dynamic team environment with a focus on career development and learning.
The predicted salary is between 48000 - 72000 £ per year.
Location: UK (London-Hybrid)
Function: Market Data / Risk & Valuation
Experience: 8+ years
Role Summary
We are seeking an experienced Market Data Business Analyst with strong hands-on knowledge of Alveo (Asset Control) and working experience with Murex to drive high-quality market data onboarding, mastering, and distribution for valuation, risk, product control, and operations. The ideal candidate understands risk data aggregation (BCBS 239) challenges, independent valuation (IPV) processes, risk factor preparation, and stress testing workflows, and can bridge functional requirements with practical data engineering and control frameworks.
Key Responsibilities
- Alveo / Market Data Platform Ownership
- Gather, document, and refine business requirements for market data mastering (terms & conditions, time series, curves, volatility surfaces, corporate actions, symbology).
- Design and optimize feed onboarding and data distribution workflows in Alveo, including golden source selection, rules, validations, and exception handling.
- Define and implement data quality controls, scorecards, and remediation playbooks (completeness, accuracy, timeliness, consistency).
- Liaise with vendors (e.g., Bloomberg, Refinitiv, ICE, S&P) for feed specs, licensing constraints, and changes; manage UAT and production deployment.
- Risk, Valuation & Product Control Support
- Partner with Valuation Control/IPV to ensure model-ready data for pricing (end-of-day marks, curves, surfaces), challenge frameworks, and reserve methodologies.
- Support Risk in risk factor taxonomy, mapping, and aggregation; ensure alignment across FO/Risk/PC data models for VaR, FRTB, XVA, sensitivities.
- Enable stress testing scenarios: source and transform stressed market data sets, ensure provenance, consistency, and reproducibility.
- Own issue triage for valuation breaks, stale/erroneous data, curve calibration anomalies, and market data outages; drive root-cause and prevention.
- Murex (MX.3) Integration
- Define and manage market data interfaces to/from Murex (quotes, static, calendars, curves, vol surfaces), ensuring format and timing compliance.
- Collaborate with Front Office/Quant/IT to align instrument definitions, pricing configurations, and market data transformations for consistent valuations.
- Validate end-to-end flows: Alveo → Murex → Risk engines → Reports, with reconciliations and lineage.
- Risk Data Aggregation & Controls (BCBS-aligned)
- Design aggregation logic and hierarchies to support accurate and timely risk reporting across entities, books, desks, and product lines.
- Implement data lineage, metadata, and control checkpoints (DQ rules, thresholds, approvals) to meet governance and audit expectations.
- Prepare documentation (operating procedures, control narratives, runbooks) and support internal/external audits.
- Stakeholder Management & Delivery
- Act as the primary BA between Market Data Operations, Risk, Product Control, Front Office, Model Validation, and Technology.
- Run cadences: daily issue standup, weekly market data health, monthly risk/valuation data governance.
- Produce dashboards/metrics (time-to-fix, DQ scorecards, feed SLA adherence, IPV timeliness, stress test readiness) for executive reporting.
Required Experience & Skills
- 8+ years in Market Data/Valuation/Risk BA roles within Investment Banking/Asset Management/Market Infrastructure.
- Deep hands-on experience with Alveo (Asset Control) or equivalent market data platforms (e.g., GoldenSource, Markit EDM/IHS EDM, Bloomberg PolarLake).
- Solid working knowledge of Murex (MX.3) market data requirements and integrations for pricing and risk.
- Expertise in market data domains: Rates, FX, Credit, Equities, Commodities, cash and derivatives; curves (OIS/IBOR), surfaces (vol/variance), correlation, reference data.
- Strong understanding of IPV, fair value hierarchy, valuation adjustment frameworks, and risk factor preparation.
- Familiarity with stress testing design and data sourcing; experience supporting VaR/FRTB/XVA and enterprise risk reporting.
- Proficiency in SQL and advanced Excel; familiarity with Python for data validation/transformation is a plus.
- Knowledge of data vendors and feeds (e.g., Bloomberg BVAL/BPIPE, Refinitiv DataScope), common data formats, and licensing constraints.
- Comfortable with controls and governance (data quality frameworks, lineage, audit, SOX/privacy considerations).
Preferred Qualifications
- Degree in Finance, Financial Engineering, Mathematics, Computer Science, or related field.
- Certifications: FRM, CFA, or PRM (preferred).
- Experience with Power BI/Tableau, Jira/Confluence, ServiceNow for issue workflows.
- Exposure to risk engines and pricing libraries; basic understanding of curve construction and calibration.
Alveo - Market Data Business Analyst (UK) employer: LatentBridge
Contact Detail:
LatentBridge Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Alveo - Market Data Business Analyst (UK)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and market data space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your Alveo and Murex knowledge. Be ready to discuss specific projects you've worked on that relate to market data onboarding and risk management. Show them you’re not just a candidate, but the candidate they need!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your fit for the role. It shows you’re genuinely interested and keeps you top of mind.
✨Tip Number 4
Apply through our website for the best chance at landing that Market Data Business Analyst role. We love seeing applications directly from our site, and it helps us keep track of all the amazing talent out there. Let’s get you that job!
We think you need these skills to ace Alveo - Market Data Business Analyst (UK)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Data Business Analyst role. Highlight your experience with Alveo and Murex, and don’t forget to showcase your understanding of risk data aggregation and valuation processes. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific projects or experiences that relate to market data onboarding and risk management. Let us know what excites you about working with StudySmarter!
Showcase Relevant Skills: Be sure to highlight your technical skills, especially in SQL and Excel, as well as any familiarity with Python. If you’ve worked with data vendors like Bloomberg or Refinitiv, mention that too! We love seeing candidates who can bring valuable skills to our team.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application directly and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at LatentBridge
✨Know Your Alveo Inside Out
Make sure you have a solid grasp of Alveo and its functionalities. Brush up on how to gather, document, and refine business requirements for market data mastering. Be ready to discuss your hands-on experience with onboarding workflows and data distribution.
✨Understand Risk Data Aggregation
Familiarise yourself with BCBS 239 challenges and independent valuation processes. Prepare to explain how you've tackled risk factor preparation and stress testing workflows in your previous roles. This will show that you can bridge functional requirements with practical data engineering.
✨Showcase Your Murex Knowledge
Since Murex integration is key, be prepared to discuss your experience with market data interfaces and how you’ve ensured compliance with format and timing. Highlight any collaborations with Front Office or IT teams to align instrument definitions and pricing configurations.
✨Prepare for Stakeholder Management Questions
Expect questions about how you've managed relationships between various teams like Market Data Operations, Risk, and Product Control. Think of examples where you ran issue standups or produced dashboards for executive reporting, as this will demonstrate your ability to communicate effectively across departments.
