Jobs, fresher vacancy - Derivatives Content Expert • UK

Company: BMLL Technologies

UK

About BMLL:BMLL is the leading independent provider of harmonised Level 3, 2 and 1 historical data and analytics across global equities, ETFs, futures and US equity options. We provide market participants with immediate access to granular T+1 order book data and advanced analytics, enabling them to accelerate research, optimise trading strategies, and better understand market behaviour.BMLL was acquired in 2025 by Nordic Capital, alongside minority shareholder Optiver, marking a joint commitment to accelerate the company’s next phase of growth.We offer an inclusive and collaborative culture, a hybrid working environment that includes regular days in our London office, weekly team lunches, and a variety of out-of-hours social activities.For more information, visit our website or follow us on X (@bmlltech) and LinkedIn @BMLL.About the Role: BMLL has built the leading historic market data product and quant analytics capabilities for the equities market. The next strategic step is to replicate that success in derivatives, initially focusing on futures and very quickly extending into options.To do this, we need a senior, deeply experienced derivatives market data SME to: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.This is a senior, high‑impact hire into BMLL. The expectation is that this person significantly raises the bar, and will be the go‑to expert for derivatives content. The Team - Content:You will join the Content team, which sits within the Product Management organization and is responsible for:Venue & Market Coverage StrategyMaintain a global, cross-asset, view of how the markets are evolving, and what this will mean to our customer baseMaintain a view of our customers changing needs and interestsIdentifying which venues and datasets to add to our platform as a resultMarket Rules & Microstructure ExpertiseBuilding, documenting and sharing a real, detailed understanding of asset class, regional and venue specific rules and behavioursNormalization DesignDesigning the transformation from raw exchange data into BMLL’s normalized formatAnalytics DesignIdentifying & designing both market-standard and new/novel analytics which BMLL can present on its platform to reduce the workload of our quantitative analyst userbaseImplementation SupportWorking closely with Engineering to guide delivery of the normalization and analytics logic in software.Acting as the authority on how each market is represented in our output.Content as a productOwning client‑facing documentation that explains market specifics and BMLL’s normalized fields.Acting as the final source of truth for complex client queriesEngaging directly with clients regarding our content strategy, and the presentation of derivatives content within the BMLL product portfolio.Supporting and educating internal teams (e.g. Client Support, Commercial) so they can resolve most queries, escalating only the most complex questions to Content. Key Responsibilities:Define and execute the roadmap to extend BMLL’s deep data coverage across futures & options marketsMaintain a detailed understanding of each venue’s trading/product models, structures and mechanismsMaintain a detailed understanding of how derivatives content is used by the growing BMLL customer baseDesign how raw derivatives exchange feeds (PCAP, Level 3/market‑by‑order) are transformed into BMLL’s normalized derivatives schemaWork day‑to‑day with Engineers to guide implementation of the derivatives data processing pipelinesSupport 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 rulesCreate and maintain client‑facing documentation that explains key market‑specific nuances, and describes BMLL’s representation of derivatives contentAct 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 contentContribute to a culture that values “substance over shiny” – deep, correct knowledge and the ability to explain it clearly is what matters most.RequirementsEssential: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 participantsLarge financial data firms, indices, or trading technology providers in derivatives‑heavy businesses.Content / Product SkillsTrack 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 & DocumentationStrong ability to explain complex market behaviour clearly to:Highly quantitative external clients (quants, PMs, traders).Non‑specialist internal stakeholders (Support, Commercial, etc.).Mindset & Personal QualitiesGenuine 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.BenefitsCompetitive salary25 days holiday plus bank holidaysDiscretionary Bonus Pension SchemePrivate Medical InsuranceWork remotely abroad for up to 40 business days each yearLife InsuranceCombination of remote and London-based office working, with 2 days in the office per week.A yearly Well-being Physical Activity budgetContinuous learning through funded training and challenging projectsCollaborative cultureWeekly team lunchesFree Fruit, snacks, and drinks provided throughout the day (When office-based)Regular Team SocialsCycle to Work SchemeWe 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 careers@bmlltech.com.