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

As a Business Analyst at Parameta Solutions, the Data & Analytics division of TP ICAP Group, you will play a central role in delivering data-driven products and regulatory solutions that serve the evolving needs of global financial markets. Parameta Solutions provides market participants with unbiased OTC pricing, analytics, and post-trade tools that support risk management, price discovery, and regulatory compliance. You will work closely with cross-functional teams—including Data Science, Engineering, Product, and Project Management—to gather and translate complex business requirements into clear, actionable deliverables that drive innovation across our market data and post-trade platforms.

This role is ideally suited to a highly analytical and organised individual with strong OTC market knowledge and proven experience in data-centric environments. You will contribute to the design of technical solutions, perform data flow and lifecycle analysis, document trade data lineage, and facilitate Agile delivery. With the ability to bridge the gap between technical teams and business stakeholders, you'll help ensure that our data products are not only regulatory-compliant and operationally robust but also commercially impactful in an ever-changing landscape.

Role Responsibilities

Lead requirements gathering to translate business needs into well-defined user stories and functional specifications.
Partner with the Project Manager, Data Scientist, and Product Lead to design and deliver technically sound, commercially viable data products.
Challenge assumptions and recommend alternative approaches to improve solution design and business outcomes.
Analyse complex data flows and identify consistencies and gaps across systems.
Create clear process and data flow diagrams (e.g. BPMN, swim lanes, DFDs) to support stakeholder understanding and solution design.
Collaborate with Data Science and Engineering teams to ensure requirements are understood, feasible, and aligned with business needs.
Document order/trade data lineage for transparency and regulatory compliance.
Work with Order and Trade Management teams to align data formats and structures.
Support requirement traceability from concept to delivery in Agile workflows.
Design and execute test plans to validate data integrity, business logic, and functional requirements, ensuring delivery of high-quality solutions.
Provide regular updates to the project team on progress, risks, and dependencies.
Facilitate workshops to gather and refine requirements with stakeholders.
Collaborate with technology teams to manage interdependencies and resolve cross-functional issues.

Experience / Competencies

Essential

Strong OTC market data and regulatory tech experience (e.g. MiFID, MAR, FRTB).
Knowledge of trade, order, and execution lifecycles with a data/messaging focus.
Proficient in Agile methodologies and rapid prototyping.
Extensive experience with JIRA and Confluence.
Advanced skills in Microsoft Office programmes inclusive of Excel and SQL.
Proficient in PowerPoint and Word for presentations and documentation.
Excellent written and verbal communication skills.
Effective communicator with the ability to tailor messages for both technical and non-technical stakeholders.
Highly organized, able to prioritize and manage multiple workstreams under pressure.
Analytical and detail-oriented, with a structured approach to problem-solving.
Self-motivated and proactive, with a strong sense of ownership and initiative.

Desired

Familiarity with Inter-Dealer Broker execution methods (e.g. CLOB, auctions).
Broad cross-asset experience (Rates, FX, Energy & Commodities, Fixed Income, Credit).
Strong proficiency in Python and R.
Working knowledge of FIX protocols and JSON message formats.
Experience with cloud platforms (e.g. AWS, EKS, GCP, Snowflake, ThoughtSpot).
Business Analysis accreditation (e.g. AgileBA, PM-BMA, CBAP).

Job Band & Level

Professional / 5

#PARAMETA

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

Philippines - A.T. Yuchengco Centre - Taguig City

Business Analyst, Parameta Solutions