Market Data Business Analyst

BP · Pune

Sales & Businessposted 2w ago

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Entity:

Supply, Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

Role Synopsis

The Market Data Business Analyst will support bp's global market data strategy, governance, compliance, and cost optimisation activities. Working closely with business partners, technology teams, procurement, and external vendors, you'll ensure the organisation has access to the right market data products and services while delivering value, transparency, and commercial efficiency.

The role involves assessing business requirements, recommending market data solutions, analysing subscriptions and spend, supporting vendor management and licensing compliance, and contributing to strategic market data initiatives. You will also provide reporting, conduct product and vendor evaluations, and partner with stakeholders across the business to drive informed decision-making and continuous improvement.

Key Accountabilities

Act as a trusted advisor on market data products, services, and sourcing strategies.
Support market data governance, compliance, and cost optimisation initiatives.
Handle relationships with business stakeholders, technology teams, procurement, and vendors.
Evaluate market data products, vendor offerings, and business requirements to identify optimal solutions.
Deliver spend analysis, reporting, and commercial insights to support decision-making.
Support central initiatives involving market data across the organisation.

Essential Criteria & Qualifications

Experience in business analysis, preferably within market data, trading, financial services, or energy markets.
Strong commercial awareness and stakeholder management skills.
Knowledge of market data products, subscriptions, licensing, and vendor management.
Excellent analytical, problem-solving, communication, and negotiation skills.
Ability to work effectively across business and technology functions.
Understanding of data management concepts and AI use cases within a business environment.

Why join us?

At bp, we support our people to grow in a diverse and exciting environment. We believe that our team is strengthened by diversity.

There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Agility core practices, Analytical Thinking, Computational Thinking, Continuous Learning, Data Analysis, Data cleansing and transformation, Data Management, Data Sourcing, Data visualization and interpretation, Dialogue enablement, Exposure Management, Machine Learning (ML), Macroeconomics, Market analysis methods, Market Risk Management, Sentiment and Trends, Statistics, Trade execution and management, Trading Fundamentals, Trading knowledge

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.