Business Analyst, Parameta Solutions

ICAP; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

Parameta Solutions, the Data & Analytics division of TP ICAP Group, is hiring a Business Analyst to join the COO Office within the PMO. You will translate complex requirements into actionable solutions, deliver robust analysis, and support end-to-end project delivery across trade lifecycle, regulatory reporting, and data management in a fast-paced environment.

This role sits in London with hybrid working arrangements, collaborating with business stakeholders and technology teams to improve

Qualifications

• Experience as a Business Analyst in the financial industry.
• Pre-to-post trade lifecycle knowledge (market data ingestion, e-trading, pricing, STP, risk and P&L management).
• Regulatory reporting experience (e.g., MiFID II, FRTB).
• Strong requirements gathering, documentation, data analysis, testing.
• Ability to write SQL queries for data retrieval and analysis.

Responsibilities

• Interpret regulatory drivers and customer needs; deliver in-depth business analysis to design and implement solutions.
• Analyze data sources and document data flows and attributes.
• Present analyses and recommendations to senior stakeholders.
• Define end-to-end scope with Product Teams; map processes and produce clear requirements.
• Ensure new or modified processes are fit for purpose.
• Support Data Science and Data Engineering teams throughout development.
• Collaborate with Project Managers to drive timely delivery.

Skills

Business analysis

SQL

Stakeholder management

Data analysis

Problem solving

Communication

Regulatory knowledge

BA methodologies

Tools

JIRA

Confluence

AWS

Snowflake

ThoughtSpot

Python

FIX

Job description

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 is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 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. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

The Business Analyst within Parameta Solutions plays a pivotal role in the COO Office, embedded in the Project Management Office (PMO). This position is central to driving strategic initiatives that enhance operational efficiency, regulatory compliance, and data-driven decision-making. Acting as a bridge between business stakeholders and technology teams, the Business Analyst will deliver robust analysis, translate complex requirements into actionable solutions, and ensure successful end-to-end project delivery. This is an opportunity to influence critical projects across trade lifecycle processes, regulatory reporting, and data management within a dynamic, fast-paced environment.

Role Responsibilities

• Collaborate with internal and external stakeholders to interpret regulatory drivers and customer needs, delivering in-depth business analysis to design, build, test, and implement user-centric, data-driven, and compliant solutions.
• Work closely with Order Management and Trade Management technology/business teams to analyze diverse data sources, understand data flows, and document attributes (definitions, lists of values, formats).
• Present analyses, findings, and recommendations to senior stakeholders to support informed decision-making.
• Partner with SMEs and Product Teams to define end-to-end scope, map process flows, and produce clear, prioritized business and functional requirements.
• Critically assess business needs to ensure new or modified processes and solutions are fit for purpose.
• Provide ongoing support to Data Science and Data Engineering teams, clarifying and refining requirements throughout the development lifecycle.
• Work alongside Project Managers to drive stakeholder action and ensure timely, successful project planning and delivery.

Experience & Competencies

Essential

• Hands-on experience with projects covering pre-to-post/front-to-back trade lifecycle (e.g., market data ingestion, e-trading, pricing, STP, risk and P&L management) or regulatory reporting (e.g., FRTB, MiFID II).
• Proven experience as a Business Analyst within the financial industry.
• Working knowledge of at least one OTC or Exchange-traded products (e.g. Interest Rates, FX, Fixed Income, Equity, Energy & Commodities, or Credit)
• Full suite of BA skills: requirements gathering, documentation, problem-solving, data analysis, and testing.
• Ability to write SQL queries for data retrieval and analysis.
• Demonstrated interpersonal and communication skills, with the ability to engage stakeholders at all levels.
• Logical, structured approach to problem-solving with high attention to detail.
• Ability to prioritize and adapt to changing project demands under pressure.

Desired

• Practical knowledge of Python and FIX, or other programming languages and messaging protocols.
• Familiarity with Agile methodologies and tools (JIRA, Confluence).
• Proactive, inquisitive mindset with a self-starter attitude.
• Experience with cloud technologies (AWS, GCP, Snowflake, ThoughtSpot).
• Understanding of trading protocols in the Inter Dealer Broker market (RFQ, CLOB, Periodic Auction).
• Exposure to system integration and UX/UI design.

Band & Level

• Professional / 5

#PARAMETA #LI-MID #LI-Hybrid

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. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don’t hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

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. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

UK - 135 Bishopsgate - London