Head of Capital Markets Data Products, Parameta Solutions (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 5,300 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.
• Maintaining a five-year strategic plan with market analysis and P&L projections.
• Guiding products from ideation to market launch, ensuring P&L delivery.
• Coordinating with various teams including Technology, Sales, Client Services, and Analytics for successful project implementation.
• Engaging with industry bodies, managing multiple projects, and performing 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.
• Providing SME support during sales processes and representing the company at industry events.
• Leading and mentoring junior colleagues, driving process improvements and strategic initiatives with potential third-party data sources.

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.

Desired:

• 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.

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.