At a Glance
- Tasks: Lead the transformation of the SwapClear platform and enhance delivery models.
- Company: Join LCH, a key player in global financial markets and part of the London Stock Exchange Group.
- Benefits: Enjoy competitive benefits, including healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team committed to innovation and sustainability.
- Why this job: Make a significant impact in a critical technology environment within financial services.
- Qualifications: Proven leadership in technology and experience in complex transformation programmes.
The predicted salary is between 100000 - 150000 £ per year.
About LCH
LCH Ltd is a leading global central counterparty clearing house (CCP) and part of the London Stock Exchange Group (LSEG). LCH plays a critical role in global financial markets by mitigating counterparty risk across multiple asset classes, serving a broad ecosystem of exchanges, trading venues and over-the-counter markets. Its clients include the majority of the world’s major investment banks, broker-dealers, asset managers, and other institutional market participants. As a CCP of systemic importance, LCH sits at the centre of financial transactions and applies rigorous risk management, collateralisation, and margining practices to ensure market integrity and stability.
About SwapClear
SwapClear is the global market leader in clearing OTC (over the counter) interest rate derivatives. SwapClear clears over 10 million trades, with total notional exceeding $1.8 quadrillion a year and remains the deepest and most liquid CCP for interest rate swaps globally. The platform supports over 100 clearing members and a global client base, providing advanced post-trade services including margin optimisation, compression, and portfolio risk management capabilities.
The Role
We are seeking a senior technology leader to drive key elements of the transformation of the SwapClear platform and its delivery model. The transformation objective is to improve the flow of value, engineering productivity, platform resilience, and scalability, ensuring technology enables both the protection and growth of the business. The position reports to the Head of SwapClear Engineering. The successful candidate will bring deep engineering expertise, a strong advocate for modern engineering practices, and the ability to operate effectively at both strategic and execution levels.
Key responsibilities of the role:
- Partner with Product to define and execute roadmaps aligned to business outcomes, ensuring clear objectives, measurable KPIs, and a strong focus on platform simplification and modernisation.
- Ensure all delivery aligns to SwapClear and LCH target-state architecture, engineering principles, standards and best practices.
- Evolve the delivery operating model in partnership with engineering and Product to improve flow of value, enabling high-quality, responsive delivery through scalable, autonomous teams operating in a high-trust environment.
- Produce and present high quality plans/roadmaps and strategy communications for senior stakeholders up to Board level.
- Drive measurable improvements in engineering performance (e.g. lead time, deployment frequency, change failure rate, service resilience), embedding a data-driven approach to delivery effectiveness.
- Lead delivery of the SwapClear cloud migration and broader platform modernisation, ensuring scalability, resilience and operational efficiency.
- Ensure all transformation initiatives enhance platform resilience, recoverability and operational stability, aligned to regulatory expectations for systemically important financial market infrastructure.
- Work with product and engineering functions to ensure delivery teams are properly resourced and roles and responsibilities are clear and understood.
- Align technology delivery with the strategic priorities of SwapClear, LCH and LSEG, working closely with senior stakeholders across technology, product and business functions.
- Champion adoption of AI-augmented engineering practices across the SDLC to improve developer productivity, code quality and delivery speed, ensuring appropriate controls, auditability and risk management.
- Manage cross-platform dependencies and sequencing across multiple programmes, ensuring coordinated delivery across highly interconnected systems.
- Drive cost-effective delivery, ensuring clear alignment between technology investment, resource utilisation and business value.
Qualifications, Experience, Skills and Attributes
- Inspiring and credible leader with strong communication and relationship-building skills, able to align diverse stakeholders across engineering, product, operations and business functions.
- Highly effective communicator and presenter, capable of engaging and influencing senior stakeholders including C-suite, regulators and external industry forums.
- Proven ability to lead and deliver complex, multi-year transformation programmes across global, highly regulated organisations.
- Strong strategic thinker with high intellectual rigour and analytical capability, able to translate business priorities into executable delivery strategies.
- Demonstrated track record of building, developing and leading high-performing teams, including developing leadership capability and engineering talent.
- Proven experience in driving organisational and process transformation, including re-engineering delivery models to improve quality, speed and cost efficiency.
- Ability to balance innovation and pace with operational stability, enabling rapid delivery of new capabilities while maintaining the integrity of critical platforms.
- Proven capability in simplifying complex technology estates, reducing technical debt and driving long-term maintainability and scalability.
- Strong external orientation, maintaining awareness of industry trends and emerging practices across areas such as cloud, data, and distributed technologies.
- Deep understanding of modern delivery and planning practices, including continuous planning, incremental commitment and managing delivery through the “cone of uncertainty.”
Technology & Delivery Expertise
- Proven technologist with a strong hands-on engineering background, leading large-scale technology teams, ideally within Rates, FX, Credit or Clearing in an Investment Bank or equivalent financial services organisation.
- Demonstrated track record of leading and operating business-critical platforms at scale, across complex, highly available environments.
- Strong experience across hybrid technology estates, with practical knowledge of both on-premise and cloud environments.
- Deep experience of modern software development lifecycle (SDLC) practices, including Agile methodologies, applied effectively within large-scale, complex systems.
- Proven ability to improve engineering delivery and quality through standardisation, automation and the adoption of modern tooling and practices.
- Understanding of cyber security principles and practices, ensuring security is embedded within delivery and operational processes.
Desirable Business & Domain Expertise
- Background in financial markets, with exposure to pricing, trading, risk management and/or post-trade processes across derivatives or other financial products.
- Ability to operate as a technology leader who contributes to broader business outcomes, aligning technology delivery to client needs, business value and growth objectives.
- Awareness of systemic risk and the role of central clearing in supporting market stability.
- Experience in, or exposure to, central counterparty (CCP) environments or related domains such as Rates, Risk or Market Infrastructure would be advantageous.
Join us and be part of a team that values innovation, quality, and continuous improvement. If you’re ready to take your career to the next level and make a significant impact, we’d love to hear from you.
Swapclear & Listed Rates Transformation Lead employer: Dormont Manufacturing Co
LCH Ltd, part of the London Stock Exchange Group, is an exceptional employer that champions innovation and excellence within a dynamic work culture. Located in the heart of London, employees benefit from a collaborative environment that fosters professional growth through diverse opportunities and a commitment to sustainability. With a focus on integrity and partnership, LCH empowers its workforce to thrive while contributing to the stability of global financial markets.
StudySmarter Expert Advice🤫
We think this is how you could land Swapclear & Listed Rates Transformation Lead
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Dormont Manufacturing Co. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Swapclear & Listed Rates Transformation Lead
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Dormont Manufacturing Co.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Dormont Manufacturing Co's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Dormont Manufacturing Co
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Dormont Manufacturing Co.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Dormont Manufacturing Co will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Dormont Manufacturing Co employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
