TP ICAP FINANCE PLC

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.

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 home to our data and analytics business.

It is a world-leading provider of OTC market data, offering unbiased data products that facilitate trading, enhance transparency, reduce risk and improve operational efficiency. We help clients to make more efficient investment, portfolio analysis, valuation, risk management and compliance decisions.

Rigorous quality assurance processes ensure the integrity and robustness of our products, which include pricing, reference data and analytical tools for major asset classes and markets.

Our offering includes real-time price information from the major OTC financial and commodity markets delivering high quality independent data in a number of asset classes including Rates, FX and Money Markets, Volatility, Oil, Energy, Inflation, Credit and Equities.

Parameta Solutions strategy focuses on three pillars. First, it is enhancing its distribution, with 78% of the division’s 2024 revenue originating from third-party channels, and an increasing proportion (22%) being generated from direct channels, such as the cloud. Second, Parameta is offering more innovative products, including evidential data solutions and benchmarks and indices. Finally, the business is expanding its buy-side client base.

Role Overview:

The role will sit within the Parameta Solutions Product team and the candidate will be responsible for researching and designing proprietary and bespoke indices across multiple asset classes (interest rates, FX, fixed income, credit, Energy and Commodities, and other OTC derivatives). The candidate will need to demonstrate a detailed practical and theoretical understanding of many, if not all, of these asset classes, and their use within benchmark and index construction. An understanding of common index themes and the evolving regulatory environment in key regions would also be helpful.

The role will interact closely with Parameta’s Technical Development, Operations (Data Quality and Client Services), and Governance functions. As such, the candidate will be expected to have data analysis/science and client services skills as well as technical knowledge about calculation implementation and content distribution via direct and third-party channels.

Role Responsibilities:

• Manipulate large amounts of financial data and use various tools to analyse, visualize, and present results, using Python or similar.
• Monitor and validate data to ensure accuracy and completeness; investigate missing or erroneous data and coordinate corrective actions.
• Develop statistical checks and automated tools to detect anomalies in underlying data and maintain high data integrity standards.
• Coordinate with technology teams, and other stakeholders to ensure smooth operations and timely resolution of data issues.
• Research, design and develop new systematic investable indices and benchmarks that will be marketed and sold to Parameta Solutions clients.
• Product delivery management including (but not limited to): benchmark platform development, execution and validation of daily index calculations, managing of delivery schedules, quality assurance of calculations and adjustments, and complying with both internal and external service agreements.
• Work closely with stakeholders to develop innovative OTC derivatives based and multi-asset index solutions for clients.
• On-going research on all related matters affecting the various individual asset classes, and the multi-asset segment.
• Stay up to date with investment themes, techniques and academic research in the macro (interest rates, FX and commodities) QIS space.
• Be compliant with and participate in constantly improving (strengthening and streamlining) our governance framework.
• Managing multiple high-profile deliveries through effective project management, supporting the plan and execution, collaborating with internal/external subject matter experts and product owners.
• Play a key role with client-facing teams in the marketing and promotion of new and existing indices and asset allocation solutions.
• Respond to internal and external research enquiries and act as a Subject Matter Expert.

Experience / Competences:

Essential

• Degree in a quantitative discipline required.
• Relevant work experience during which time the candidate will have gained experience across a few asset classes.
• Working knowledge of interest rates, FX, fixed income, commodities, and exchange-traded products, preferably gained within investment management settings.
• Mathematical and statistical background with knowledge of Python, and SQL or similar.
• Experience creating/writing Index methodologies, rulebooks and back tests.
• Proven presentation and writing skills.

Desired

• Excellent attention to detail, highly organized with a proactive approach
• Demonstrates high levels of energy in seeking out and achieving new goals
• Experience working with sell side structures and ETF issuers desirable.

Job Band & Level: Professional / 5

#PARAMETA #LI-Hybrid #LI-ASO

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