Listed Derivatives Business Manager

Group Overview

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.

Role Overview

Liquidnet Listed Derivatives Business Manager will play a pivotal role in the day-to-day management, strategic planning, and operational efficiency of the Listed Derivatives business. Working closely with senior leadership and wider Liquidnet and TP ICAP support functions, the Business Manager will ensure optimal business performance, regulatory readiness, and alignment with broader firm strategy.

Role Responsibilities

Strategic/Commercial/Business Performance

• Assist in driving growth and profitability via new business areas, client channels and operational synergies whilst ensuring operation within TP ICAP’s control framework.

• Oversee the implementation and provide input to any New Business Initiatives and Business change projects, liaising with the relevant support areas where necessary.

• Support strategic initiatives such as market expansion, product development, and platform enhancements.

• Assist in production of Strategy, Board, and Exco papers, engaging with various functions for input

• Monitoring progress against plan ensuring adherence to deadlines, and reporting on and keeping participants focused on outcomes associated with KPIs.

• Oversee the execution of key change programs including tech upgrades, new exchange access, and client onboarding flows.

• Represent the business in cross-functional working groups and forums.

• Support pricing, cost allocation, and commission structure reviews. 

Infrastructure, Process, Regulation & Control

• Representing Liquidnet Division in regulatory and group projects as applicable.

• Coordinate responses to internal/external audits and regulatory inquiries.

• Ensure compliance with global regulatory requirements across exchanges and jurisdictions.

• Contribute to the development of all Group policies and product protocols, ensuring they are fit-for-purpose, understood and implemented where applicable, communicating and training the front office when required

• Work with the Business Continuity specialist to ensure that a full Business Continuity Plan (BCP) is drawn up for the respective business to cover technology / staff in the event of an incident/disaster.

• Continually review operational processes, highlight efficiencies needed and work with the relevant teams to implement changes.

• Be the focal point for any new initiatives impacting the area, working closely with the relevant project manager(s) and business analysts.

Experience / Competences

Essential

• Experienced in financial markets

• Ability to work effectively in a high-pressure, fast-paced environment.

• Entrepreneurial mindset with a focus on ownership and accountability with excellent attention to detail and highly organized.

• Strong interpersonal skills and experience managing stakeholders across seniority levels and functions.

• Excellent written and verbal communication skills, a persuasive and passionate communicator with ability to influence and ability to engage with a wide range of stakeholders

• Proficient in Microsoft Office software (PowerPoint, Word, Excel, Outlook etc)

• Strong analytical ability and problem-solving skills

• Action orientated, flexible and innovative approach to operational management

• Ability to work with minimal supervision with a delivery focused mentality and a collaborative approach

• High ethical standards and an independent thinker

• Team player however also able to work on initiative and be a self-starter

• Understands business issues as they affect different functions