Commercial and Data Counsel

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 has 5,300 employees, operating from more than 60 offices, in 27 countries. 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, analytics and index business.

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

Parameta Solutions’ 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: (1) distribution via third-party channels, as well as direct channels, such as the cloud; (2) offering more innovative products, including evidential data solutions and benchmarks and indices; (Parameta is an FCA authorised benchmark administrator in the UK and an ESMA authorised benchmark administrator in the EU, making it the first Inter Dealer Broker to administer OTC benchmarks and indices across Europe and the UK); and (3) expanding its buy-side client base.

Role Overview

We are seeking a Commercial and Data Counsel to provide dedicated support to TP ICAP’s Parameta Solutions business across global markets. The role involves providing commercially-focused legal support, legal risk management and business partnership on a range of legal matters and projects related to market data and commercial contracts within a dynamic financial services environment. The position requires close collaboration with the broader global TP ICAP legal team, senior management and cross-regional stakeholders to align legal support and risk management with business objectives.

Role Responsibilities

• Dedicated legal and commercial advice and legal risk management advice for the Parameta Solutions business within the TP ICAP Group.

• Drafting, reviewing and negotiating outbound market data license agreements and other commercial contracts across Parameta Solutions’ client base.

• Advising on internal compliance rule book drafting in conjunction with Group Compliance.

• Collaborating and advising on commercial projects and strategic initiatives.

• Collaborating with business and other support function stakeholders to understand and provide legal guidance on business objectives, coaching stakeholders toward optimal outcomes, and consistently balancing commercial ambition with legal risk and the Group’s strategic priorities, including providing and participating in training.

• Partnering with commercial, operations and sales teams to design and support optimised processes and procedures for sales and contracts management, including adoption and use of AI.

• Managing, drafting and assisting the business with all other commercial contracts, including inbound and intra-group licensing, technology procurement, collaboration and partnership agreements, support and non-disclosure agreements.

• In conjunction with Compliance and the broader TP ICAP legal team, ensuring compliance with US law and regulation including monitoring legal and regulatory change for the business.

• Assisting with review of Parameta Solutions’ public facing marketing collateral.

• Partnering with the broader TP ICAP in-house legal teams in EMEA, Americas and APAC in relation to areas of subject matter expertise (including employment, regulatory, data protection, M&A and material litigation) on Parameta Solutions legal matters.

• Engaging and managing (including costs) external counsel in conjunction with legal management and the broader TP ICAP legal team.

Experience / Competences

• Candidates must be admitted to practice in New York

• Ideal candidate will have a minimum of 3 years’ experience in private practice or practicing in-house specialising in either corporate and/or commercial agreements in a data company and/or market data environment;

• Proven experience advising on and negotiating complex commercial initiatives including contracts, licensing arrangements, joint ventures, partnerships and collaborations in a data company and/or market data context within the financial services sector;

• Ability to translate complex legal issues into practical, commercial solutions with a clear outline of any associated risks;

• Experience in contributing to and managing legal aspects of cross-functional and large-scale projects;

• Motivated self-starter, pro-active, solutions focused and able to multi-task in a fast-paced environment;

• Exceptional attention to detail with excellent communication and interpersonal skills;

• Ability to work independently and proactively drive matters forward, while being able to contribute successfully to all business areas with sound judgment on requirement to escalate to management;

• Excellent organizational skills, ability to manage multiple projects at once, follow through and meet deadlines

• Collaborative team player who thrives in a small, dynamic legal team and who feels confident contributing new ideas;

• Strong communication skills and cross-functional relationship-building abilities;

• Experienced in design and implementation of efficient legal processes to support rapid business scaling, ideally in a high-growth or transformation environment.

Job Band & Level

Professional / 5

Salary Range

The expected base salary range for this role is $130,000–$180,000, with final compensation determined based on experience, skills, and qualifications.

#LI-Hybrid #LI-MID

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

USA - 200 Vesey Street - New York, NY