SwapClear and Listed Rates Product Director, London Stock Exchange
Salary not provided
Senior and Expert level
London
Stock exchange in the City of London
Be an early applicant
Stock exchange in the City of London
501-1000 employees
B2BMarketplaceTrading
Be an early applicant
Salary not provided
Senior and Expert level
London
501-1000 employees
B2BMarketplaceTrading
Company mission
To make things happen, out there in the real world, where it matters.
Role
Who you are
- Degree or equivalent in a Finance, Economics or Engineering related field preferred
- End-to-end product delivery across full implementation cycle
- Excellent organizational, and commercial acumen skills including scenario modelling
- Experience in the roll out of commercial fee plans, supporting justification and modelling
- Excellent interpersonal and communication skills and the proven ability to work effectively with all organizational levels
- Excellent at managing and influencing a wide network of stakeholders, including senior management
- Willing and able to challenge customers and stakeholders to delivery on objectives
- Ability to operate effectively with other functions and external teams and is seen as a partner in the overall function
- Global experience – working successfully with teams in multiple locations simultaneously
- Background in working across several different sectors both business and IT related projects/programmes
- Has worked in a similar role in a clearing house, investment bank, buyside firm (product development expertise at a market infrastructure provider or analytics vendor would also be considered)
- Strong product knowledge covering risk characteristics and operational workflow of OTC rates or listed derivatives
- Can demonstrate experience of problem solving in a similar working environment
- Can influence and motivate co-workers to respond in an effective and positive manner
- Cultural Awareness – Offshore, Europe, USA
- Is extremely organized, identifies priorities well and understands any goals that need to be met
- Considers the impact of their work on own team and on other departments/areas
- Puts forward ideas for efficiency and improvement
- Takes an active role in own training and development so that they can do their role to the best standard
- Complies with management wishes and controls so that plans and actions are implemented quickly and efficiently
- Shares the responsibility for team results and understands that everything produced affects the reputation of the team and ultimately the business
- Communicates well with their team, offering encouragement to other team members and voicing any concerns
- Pays attention to other team members and offers help and support where appropriate
- Shows a positive attitude about own work and work of the wider team
- Works well with people from other departments and other areas of the business
- Adapts own style as appropriate to the person and the situation
- Is flexible and adaptable to change
- Recognizes and respects unique cultural differences and is able to adapt own style in order to be effective within the local culture
- Is mindful of needs and abilities of others when communicating
- Behaves in an open and honest manner
- Gives constructive feedback to other team members while being sensitive to their feelings
- Balances ‘mindfulness’ with ‘momentum’ i.e., takes sufficient time to think things through and obtain relevant information while moving ahead in a timely manner
- Puts problems in context so that the right information is used in making decisions
- Shows good judgment in terms of conveying information to management and knowing when to escalate a problem
- Recommends clear and practical actions, taking account of the wider business context
- Anticipates problems and acts rather than waiting to be told what to do
What the job involves
- This role will report into the SwapClear & Listed Rates Product function, the role will be responsible for the end-to-end implementation of defined products and/or services into the business line. This would also include development of commercial structures
- The role will lead all aspects of definition and planning through production, release, and end of lifecycle, with end-to-end responsibility for new or legacy propositions, products and services
- Holds responsibility for the end-to-end management of strategically important products and/or services or a portfolio of products / services within a technical area of expertise, facilitating alignment with LSEGs product strategy
- Oversees all aspects of definition and planning through production, release, and end of lifecycle, with end-to-end responsibility on feature/function specifications for highly visible and key propositions, products and services
- Owns product strategy, design, business requirements, feature and functionality trade-offs for one or more strategic initiatives and/or proposition, product, or service, championing relevant lean, agile and ways of working methodologies
- Implements and helps define the vision and devising business plans for budgetary approval, commercial structure and product roadmaps, communicating the vision to their teams, senior leaders and stakeholders
- Acts as the product lead on project delivery teams, providing senior leadership and direction on scope, approach and go-to-market tactics
- Develops and aligns product messaging to key strategic goals and direction that is set at the platform, company, and group levels
- Works with senior product, marketing and sales colleagues to ensure realisation of product business cases and to review product performance and revise products / services / sales approaches as needed
- Identifies, validates and undertakes commercial negotiations with 3rd party vendors and develop partnership agreements where required
- Maintains oversight of a major product or service, or a set of products within a business line, overseeing all initiatives, product related spend and product performance within own remit, setting OKRs and KPIs and championing their outcomes. Leads a Product Management team/s, developing, - mentoring and coaching colleagues to enhance the overall capability in the business and fostering the talent within the function
- Obtains, organizes and filters client feedback and acts as a key client contact for product specific matters and commercial needs
- Works beyond own product line and/or Business Unit by developing knowledge and contributing into the broader platform and operational improvements, identifying opportunities for proposition, products, or services
- Establishes a high performing culture emphasizing innovation, growth, and development across all direct product contributing functions including Engineering, Design, Research, QA
Salary benchmarks
Our take
The London Stock Exchange is one of the world’s oldest stock exchanges, with a history dating back over 300 years. It operates as a part of LSEG (London Stock Exchange Group), one of the world’s leading providers of financial markets infrastructure, as a marketplace to enable stock brokers and traders to buy and sell stocks, bonds, and other securities.
The London Stock Exchange has lived through a stream of innovations; from telegraph and telephone, to the Market Price Display System, automatic trade matching, and the digitisation of issuer services. In 2019 it acquired Refinitiv, a financial information company, and in doing so became a global financial news and data business.
Most recently, the London Stock Exchange has made moves to support the evolution of private markets, and further build its presence in this space. It partnered with Floww, a platform that connects investors with private companies, with aims to launch a private primary capital raising facility, as well as explore new technologies and secondary market options for the platform.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Dec 2019
$24.9m
LATE VC
Feb 2018
$24.9m
LATE VC
Total funding: $49.8m
Company benefits
- Hybrid working options
- Healthcare
- Retirement planning
- Paid volunteering days
- Wellbeing initiatives
Company values
- Our culture of connecting, creating opportunity and delivering excellence shapes how we think, how we do things and how we help our people fulfil their potential
Company HQ
City of London, London, UK
Articles
Leadership
David Schwimmer
(CEO, not founder)Was Managing Director at Goldman Sachs for 20 years.
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