Market Data Business Analyst

The Market Data Business Analyst will report to the ST&S Global Manager, Market Data, and support all aspects of market data business analysis.

Responsibilities:

• Review product and service requests from the business to ensure suitability, consistency, and cost effectiveness
• Recommend data sourcing options aligned to business needs
• Analyse market data pricing, subscriptions, and reference data feeds, including related processes and enterprise data management
• Apply a working knowledge of market data challenges
• Monitor and provide updates on rights policies for exchanges and trading venues
• Build strong partnerships with internal stakeholders and vendors
• Conduct onsite visits across the bp group
• Provide on-demand data cost optimisation insights
• Maintain a strong understanding of real-time and non-real-time market data systems
• Apply knowledge of entitlements and permissioning systems
• Demonstrate an appreciation of the technical delivery systems used for market data
• Perform product comparisons and gap analysis
• Prepare and present financials, spend analysis, and reporting

What You Will Deliver:

• Collaborate across ST&S, Downstream, and Upstream business units to provide guidance on market data services
• Demonstrate an understanding of data lakes and requirements for data and data structure
• Ensure the highest levels of compliance for global market data products
• Build and champion partnerships across bp
• Evaluate and support delivery of new business initiatives involving market data
• Liaise with market data vendors and bp business units
• Operate effectively at a global level
• Partner with Procurement to develop vendor-specific negotiation approaches
• Understand and assess vendor offerings

What You Will Need to Be Successful:

• Business analysis experience within market data
• Demonstrable commercial experience
• Proven track record of liaising with colleagues
• Strong written and verbal communication skills
• Ability to articulate and negotiate priorities
• Strong analytical and problem-solving skills
• Self-motivated and enthusiastic
• Excellent teamwork skills
• Strong focus on strategic implementation and delivery

Key Technical Competencies:

• Excellent product and market knowledge
• Understanding of AI use cases and constraints

At bp, we provide:

• A company culture where we respect our diverse and unified teams
• Possibility to join our social communities and networks
• Learning opportunities and other development opportunities
• Life and health insurance, medical care package and many other benefits