Head of Commercial Policy

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.

Founded in London in 1866, the Group operates from more than 60 offices in 27 countries.  We are 5,200 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 the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services. The Data & Analytics division includes the following brands: Tullett Prebon Information, PVM Data Services, ICAP Information and Burton-Taylor Consulting.

Role Overview

The Head of Commercial Policy will play a critical leadership role in shaping, defining, and governing the commercial policy strategy across Parameta Solutions (PS). This individual will be responsible for protecting TP ICAP’s intellectual property by setting clear and robust policies governing PS’s commercial interactions with end-user clients, redistributors, and channel partners.

This position will require strong stakeholder engagement, including gaining consensus across internal teams and presenting recommendations to the PS Executive Committee. The successful candidate will ensure the effective implementation, adoption, and ongoing development of PS’s commercial policy, positioning it as a foundational element of the division’s growth and integrity.

This role plays a pivotal part in maintaining the integrity and commercial strength of our offering.

Role Responsibilities

Policy Leadership & Development

• Design, develop, and maintain a comprehensive and documented commercial policy framework aligned with PS’s strategic objectives.

• Act as a subject matter expert, providing direction on commercial terms and client interaction strategies to safeguard TP ICAP’s intellectual property and commercial interests.

• Lead on the communication and rollout of commercial policy across internal teams and external partners.

Governance & Compliance

• Ensure consistent adherence to commercial policy across all teams and regions; monitor compliance, identify breaches or risks, and implement corrective actions as necessary.

• Maintain awareness of industry trends and regulatory changes that may impact PS’s commercial policy, and adapt strategy accordingly.

• Regularly review and analyse Management Information (MI) on policy compliance, breaches, and trends to inform continuous improvement.

Stakeholder Engagement

• Provide expert guidance and leadership to cross-functional teams, ensuring commercial policy is embedded in all relevant business processes.

• Collaborate with Legal, Sales, Product, and Compliance teams to ensure policies are practical, enforceable, and aligned with evolving commercial objectives.

People Leadership & Culture

• Lead by example, promoting a high-performance, values-led culture.

• Provide direction, motivation, and coaching to direct and indirect reports to build a high-performing, policy-aware organisation.

• Identify and address skills or knowledge gaps within teams through appropriate training and development opportunities.

• Champion a culture of continuous improvement, collaboration, and ethical business conduct.

Experience / Competences

Essential

• Minimum of several years’ experience specifically in commercial policy design, development, and implementation within financial services or market data industries.

• Proven track record of developing and embedding commercial policy frameworks that drive business integrity and protect IP.

• Deep knowledge of commercial policy issues, best practices, and compliance risks relevant to financial market data.

• Demonstrated and proven leadership and strategic thinking capabilities, with the ability to influence senior stakeholders and lead cross-functional initiatives.

• Demonstrated experience managing and engaging teams with a focus on performance, collaboration, and alignment to business objectives.

Desired

• Previous management or team leadership experience.

• Effective relationship builder with strong interpersonal and stakeholder management skills.

• Clear and confident communicator, both written and verbal, with the ability to present complex policy matters simply.

• Credible, personable, and capable of working across a variety of stakeholder groups and business cultures.

• Energetic, proactive, and resilient with a continuous improvement mindset.

• Comfortable navigating ambiguity and applying creative thinking to solve business challenges.

Job Band & Level

• Function Head / 8

#PARAMETA #LI-MID  #LI-Hybrid

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

UK - 135 Bishopsgate - London