Product Analyst - Benchmark, Index Research & Design, Parameta Solutions (12 month FTC) in London

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 5,200 people strong, working as one to achieve our vision of being the world’s most trusted, innovative liquidity and data solutions specialist.

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 will sit within the Parameta Solutions Product team and the successful candidate will be responsible for researching and designing proprietary and bespoke indices across multiple asset classes (interest rates, FX, fixed income, credit, Energy and Commodities, and other OTC derivatives). The candidate will need to demonstrate a detailed practical and theoretical understanding of many, if not all, of these asset classes, and their use within benchmark and index construction. An understanding of common index themes and the evolving regulatory environment in key regions would also be helpful.

The role will interact closely with Parameta’s Technical Development, Operations (Data Quality and Client Services), and Governance functions. As such, the candidate will be expected to have data analysis/science and client services skills as well as technical knowledge about calculation implementation and content distribution via direct and third-party channels. Please note, this is a 12 month Fixed Term Contract.

Role Responsibilities:

• Manipulate large amounts of financial data and use various tools to analyse, visualize, and present results, using Python or similar.
• Research, design and develop new systematic investable indices and benchmarks that will be marketed and sold to Parameta Solutions clients.
• Product delivery management including (but not limited to): benchmark platform development, execution and validation of daily index calculations, managing of delivery schedules, quality assurance of calculations and adjustments, and complying with both internal and external service agreements.
• Work closely with stakeholders to develop innovative OTC derivatives based and multi-asset index solutions for clients.
• On-going research on all related matters affecting the various individual asset classes, and the multi-asset segment.
• Stay up to date with investment themes, techniques and academic research in the macro (interest rates, FX and commodities) QIS space.
• Be compliant with and participate in constantly improving (strengthening and streamlining) our governance framework.
• Managing multiple high-profile deliveries through effective project management, supporting the plan and execution, collaborating with internal/external subject matter experts and product owners.
• Play a key role with client-facing teams in the marketing and promotion of new and existing indices and asset allocation solutions.
• Respond to internal and external research enquiries and act as a Subject Matter Expert.

Experience / Competences

Essential

• Degree in a quantitative discipline required.
• Demonstrated and relevant work experience during which time the candidate will have gained experience across a few asset classes.
• Working knowledge of interest rates, FX, fixed income, commodities, and exchange-traded products, preferably gained within investment management settings.
• Mathematical and statistical background with knowledge of Python, and SQL or similar.
• Experience creating/writing Index methodologies, rule-books and back tests.
• Proven presentation and writing skills.

Desired

• Excellent attention to detail, highly organised with a proactive approach.
• Demonstrates high levels of energy in seeking out and achieving new goals.
• Experience working with sell side structures and ETF issuers desirable.

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.

Location: UK - 135 Bishopsgate - London