At a Glance
- Tasks: Shape data-driven strategies and provide insights on OTC derivatives markets.
- Company: Join TP ICAP, a global leader in market infrastructure and data solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on innovation and inclusivity.
- Why this job: Make an impact in financial markets with your analytical skills and passion for data.
- Qualifications: Degree in a quantitative field and strong SQL expertise required.
The predicted salary is between 55000 - 65000 £ per year.
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 and is home to a stable of premium brands.
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 Product Specialist will play a pivotal role in shaping Parameta Solutions’ data-driven decision-making and commercial strategy. This role is central to the collection, validation, and interpretation of OTC derivatives data, enabling the business to generate compelling insights that underpin our evidential data offering. The Specialist will combine deep knowledge of OTC derivatives markets with advanced technical and analytical skills to ensure our datasets are robust, reliable, and actionable.
Role Responsibilities:
- Maintain a broad and deep understanding of the OTC derivatives markets, including instrument structures, pricing methodologies, and the needs of key client personas for OTC data.
- Identify, source, and collect relevant quantitative and qualitative data from internal trading systems, external databases, APIs, surveys, and market records.
- Validate, transform, and cleanse data to ensure accuracy, completeness, and consistency.
- Conduct detailed analysis to detect trends, patterns, and anomalies. Build reports, dashboards, and visualizations to present insights clearly and persuasively.
- Translate analytical findings into actionable business recommendations that support product development, sales strategy, and client engagement.
- Partner with cross-functional teams to understand data requirements and deliver tailored analysis, ensuring stakeholders are equipped with relevant and timely insights.
- Design and enhance data collection, validation, and reporting processes to drive efficiency, reliability, and scalability.
- Ensure all data handling, analysis, and reporting practices comply with legal, regulatory, and internal security standards.
- Stay current with emerging technologies, tools, and methodologies in data science and financial analytics, proposing new approaches to strengthen evidential data strategy.
Experience / Competences:
- Bachelor’s or Master’s degree in a quantitative field (e.g., Data Science, Statistics, Mathematics, Computer Science, Economics, Finance).
- Demonstrated understanding of OTC derivatives markets, including how instruments are structured, traded, and priced.
- Strong SQL expertise and experience querying/managing large, complex datasets.
- Proficiency with business intelligence and visualization tools (e.g., Power BI, Tableau).
- Proven ability to analyze complex data, identify meaningful insights, and make data-driven recommendations.
- Strong written and verbal communication skills, with the ability to simplify complex findings for diverse stakeholders.
- High standards of accuracy and quality control in data handling and reporting.
- Experience working in cross-functional teams and building strong stakeholder relationships.
- Ability to handle confidential information with discretion and professionalism.
Desired:
- Previous experience in a broker, trading, or market infrastructure environment, ideally with exposure to OTC data products.
- Familiarity with statistical or data science programming languages (e.g., Python, R).
- Working knowledge of cloud-based data storage and warehousing (e.g., AWS, Azure, Snowflake).
- Understanding of valuation, risk metrics, and quantitative finance methodologies.
- Demonstrated interest in emerging data trends, technologies, and tools relevant to financial markets.
- Progress toward or completion of relevant certifications (e.g., CFA, FRM, IMC, or advanced data science/analytics qualifications).
Not The Perfect Fit? Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply.
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.
Product Sales Specialist - OTC Derivatives, Parameta Solutions employer: TP ICAP
At TP ICAP, we pride ourselves on being a leading employer in the financial services sector, offering a dynamic work environment that fosters innovation and collaboration. Our London office is not only a hub for cutting-edge data solutions but also provides employees with ample opportunities for professional growth and development, supported by a culture of inclusivity and diversity. With access to global markets and a commitment to employee well-being, we empower our team members to thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Product Sales Specialist - OTC Derivatives, Parameta Solutions
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. The more you engage, the better your chances of landing that Product Sales Specialist role.
✨Tip Number 2
Prepare for interviews by researching TP ICAP and Parameta Solutions thoroughly. Understand their products and services, especially in OTC derivatives. This will help you tailor your answers and show you're genuinely interested in the company.
✨Tip Number 3
Practice your data storytelling skills! Be ready to explain complex datasets in simple terms. Use examples from your past experiences to demonstrate how you've turned data into actionable insights that resonate with different audiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at TP ICAP and contributing to our innovative solutions.
We think you need these skills to ace Product Sales Specialist - OTC Derivatives, Parameta Solutions
Some tips for your application 🫡
Know Your Stuff:Make sure you really understand OTC derivatives and the data landscape. We want to see that you can talk the talk and walk the walk when it comes to financial markets and data analysis.
Tailor Your Application:Don’t just send a generic CV and cover letter. Show us how your skills and experiences align with the role. Highlight your SQL expertise and any relevant tools you've used, like Power BI or Tableau.
Show Your Analytical Skills:We love candidates who can turn complex data into clear insights. Include examples of how you've done this in the past, whether through reports, dashboards, or presentations.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to see your application and get you into the process smoothly. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at TP ICAP
✨Know Your OTC Derivatives Inside Out
Make sure you brush up on your knowledge of OTC derivatives markets. Understand the instrument structures, pricing methodologies, and the specific needs of key client personas. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with SQL and any business intelligence tools like Power BI or Tableau. Be ready to share examples of how you've analysed complex datasets and translated findings into actionable insights. This is crucial for demonstrating your fit for the Product Specialist role.
✨Communicate Clearly and Effectively
Practice simplifying complex data findings into clear narratives. You’ll need to communicate with both technical and non-technical audiences, so think about how you can present your insights persuasively. Consider doing mock interviews to refine your communication style.
✨Engage with Cross-Functional Teams
Highlight any past experiences where you collaborated with different teams. Discuss how you gathered data requirements and delivered tailored analysis. This will show that you understand the importance of teamwork in driving product development and client engagement.
