Associate Derivatives Product Manager

Overview

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 counter party 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.

This role sits within Parameta Solutions’ global Capital Markets Data Product function and focuses on identifying, developing, and enhancing data opportunities arising from TP ICAP’s Global Broking activities and third‑party sources. The position requires strong quantitative skills and intermediate subject matter expertise in interest rates and credit OTC derivatives, with the ability to analyse data, engage with quant teams, and contribute meaningfully to product development.

The Associate will take ownership of key product work streams, performing detailed quantitative evaluations of broking and third‑party data, creating data visualisations, and supporting competitive analysis to articulate the value of Parameta Solutions’ datasets. The role involves supporting the execution of product strategy and contributing to roadmap planning in partnership with Technology, Sales, Marketing, Analytics, and Quant teams.

The individual will assist in market research, business case development, product lifecycle management, and client‑facing discussions. Additional responsibilities include contributing SME input to sales teams, helping shape data methodologies, and supporting industry engagement activities such as webinars and events.

• Support ownership of the data product by contributing to its strategic direction and taking responsibility for portions of roadmap execution.
• Support global product development initiatives for new data opportunities arising from Global Broking activities and third‑parties, helping drive work streams with greater autonomy.
• Assist in developing objectives and strategies for current and future data products, contributing quantitative and commercial insights to support revenue growth.
• Develop intermediate SME capabilities for OTC derivatives including fixed income, rates, and credit derivative data, with strong focus on quantitative methodology and analytics.
• Coordinate and support the procurement, quantitative evaluation, and accurate publication of data from broking desks and third‑parties via Parameta Solutions, helping ensure data is consistent and analytically validated.
• Contribute to market analysis, competitive quantitative research, and the development of business cases for new data products, including structured benchmarking against competitor datasets.
• Support product lifecycle activities, helping guide enhancements from ideation through development and launch. Collaborate with Technology, Operations, Sales, Client Services, and Analytics to ensure successful project implementation.
• Engage with internal…