Hybrid Derivatives Content Expert

at BMLL

• Job title: Derivatives Content Expert
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: Not specified
• Degree requirement: No Education Requirement
• Location requirements: Hybrid, London, United Kingdom

About the role

• Lead derivatives content strategy while partnering with engineering for data processing. Drive expansion of BMLL's offerings in futures and options markets with a focus on client needs.

Responsibilities

• Lead the derivatives data content strategy (venue selection & prioritization).
• Own the normalization and documentation for derivatives markets.
• Partner with Engineering to build robust, scalable derivatives data processing pipelines.
• Be the internal and external authority on derivatives markets and their microstructure for our clients and teams.
• Define and execute the roadmap to extend BMLL’s deep data coverage across futures & options markets.
• Maintain a detailed understanding of each venue’s trading/product models, structures and mechanisms.
• Maintain a detailed understanding of how derivatives content is used by the growing BMLL customer base.
• Design how raw derivatives exchange feeds (PCAP, Level 3/market‑by‑order) are transformed into BMLL’s normalized derivatives schema.
• Work day‑to‑day with Engineers to guide implementation of the derivatives data processing pipelines.
• Support testing and validation of outputs against venue rules and client expectations, and help debug complex data or behaviour issues by applying a deep understanding of the underlying markets and rules.
• Create and maintain client‑facing documentation that explains key market‑specific nuances, and describes BMLL’s representation of derivatives content.
• Act as the final escalation point for complex client queries around derivatives data and behaviour (typically from senior quants, PMs, and market structure specialists on the buy side).
• Set and uphold a very high bar for quality, rigour, and correctness in derivatives content.
• Contribute to a culture that values “substance over shiny” – deep, correct knowledge and the ability to explain it clearly is what matters most.

Requirements

• **Essential:**
• Core Domain Experience
• ~10 years of experience working with derivatives markets and data (futures and/or options) in a highly technical, content‑ or data‑focused role.
• Background likely from:
• Market data vendors / providers (e.g. real‑time or historical data/content organisations).
• Exchanges or trading venues.
• Derivatives trading firms & market participants
• Large financial data firms, indices, or trading technology providers in derivatives‑heavy businesses.
• Content / Product Skills
• Track record of acting as a content specialist or similar (e.g. senior role in an exchange‑traded data group, derivatives content team, etc.).
• Experience:
• Specifying and designing normalized data models and mapping rules.
• Working closely with engineering teams to implement content/normalization logic.
• Supporting client‑facing teams with complex, technical queries.
• Communication & Documentation
• Strong ability to explain complex market behaviour clearly to:
• Highly quantitative external clients (quants, PMs, traders).
• Non‑specialist internal stakeholders (Support, Commercial, etc.).
• Mindset & Personal Qualities
• Genuine subject matter expert who is comfortable being the “final word” on derivatives content.
• Pragmatic, collaborative, and comfortable working in a smaller, fast‑growing organisation.
• Values trust, autonomy, and outcomes over presenteeism and bureaucracy.
• Enjoys mentoring and educating others and raising the bar around them.
• **Desirable:**
• Direct experience at or with major derivatives exchanges (e.g. LME, CME, Cboe or similar).
• Experience working with global and/or offshore teams.
• Exposure to both real‑time and historical/tick history derivatives data.

Benefits

• Competitive salary
• 25 days holiday plus bank holidays
• Discretionary Bonus
• Pension Scheme
• Private Medical Insurance
• Work remotely abroad for up to 40 business days each year
• Life Insurance
• Combination of remote and London-based office working, with 2 days in the office per week.
• A yearly Well-being Physical Activity budget
• Continuous learning through funded training and challenging projects
• Collaborative culture
• Weekly team lunches
• Free Fruit, snacks, and drinks provided throughout the day (When office-based)
• Regular Team Socials
• Cycle to Work Scheme
• We are an inclusive employer and welcome applicants from all backgrounds. We pride ourselves on our commitment to Equality and Diversity. We are committed to removing barriers throughout our hiring process. If you have any special requirements or require reasonable adjustments to help you access career opportunities at BMLL, please do let us know at [email protected].