Market Data Analyst

Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner.The Market Data Business Analyst will report directly to the ST&S Global Manager for Market Data and play a key role in delivering comprehensive business analysis across all aspects of market data at bp. This role will focus on understanding business requirements, optimizing data processes, and supporting strategic initiatives to ensure accurate, timely, and cost-effective market data solutions.Key AccountabilitiesReview of product/service requests from the business to ensure suitability, consistency and cost effectiveness.Data sourcing recommendationsAnalysis of Market Data Pricing & Reference data-feeds, processes and enterprise data managementUnderstanding of data challenges: global differences, cross asset vendor identifiers, legal entity data, file formats, usage rights and compliance.Analysis and updates with respect to Rights Policies pertaining to Exchanges/Trading Venues.Create strong Business and vendor partnershipsOnsite visits across the BP Group liaising with all business usersProviding data cost optimization for users on demand to assist in cost management challengesFull understanding of realtime and non-realtime market data systems, services and data.Entitlements and permissioning systems knowledgeAppreciation of technical delivery systems used for Market Data, both real time and non-real time.Product comparative/gap analysis Product and service knowledge of all the major Market Data vendorsExperience of presenting MD financials/spend and reporting You will partner across all levels of seniority within the BP Group to deliver value and consistencyUnderstanding of all execution platforms related to Commodities TradingEssential Criteria & QualificationsBusiness Analysis experience within Market Data preferredDemonstrable commercial experienceAbility to lead global business use of market data and define, implement and deliver global market data compliance strategyDisplay consistent track record of liaising with colleagues at all levels across IT and the Business.Possess excellent product and market knowledge.Strong written and verbal communications skills.Ability to articulate and negotiate priorities with business users and IT teams, as well as with vendorsStrong analytical & problem solving skills.Self-motivated, enthusiastic and proven rapid learning capabilityExcellent teamwork skillsFull understanding of the regulatory and compliance requirements for Market DataStrong focus on continuous strategic implementation and delivery, stakeholder and vendor management. Understand the use and constraints of AI relating to Market DataWhy join us?At bp, we provide an excellent working environment and employee benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others.We support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, collaboration spaces in a modern office environment, and others benefits.Reinvent your career as you help our business meet the challenges of the future. Apply now!