Director LCH Ltd Technology Risk & Controls

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and create jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.

Through a comprehensive suite of trusted financial market infrastructure services – and our open-access model – we provide the flexibility, stability and trust that enable our customers to pursue their ambitions with confidence and clarity. LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific.

OUR PEOPLE: People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential. We embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage teamwork, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels encouraged to fulfil their potential.

We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with meaningful careers.

Role Purpose

• Responsible for reporting and managing the LCH LTD Technology Risk Profile in the context of its Risk Appetite on behalf of the LCH LTD CIO.
• Oversee Critical intra-group outsourcing arrangements.
• Lead and mature LCH Ltd’s first-line Technology Risk & Controls function across application, infrastructure, cloud and cyber domains.
• Ensure control design and operating effectiveness meet the CCP’s obligations and LSEG group standards.
• Drive delivery against key enhancement and assurance, provide authoritative risk insight to LCH executives and the Board.
• Drive refinement of assurance management practices so that assurance activities are consistently risk-based and aligned with risk appetite.

Key Responsibilities

• 1) Technology Control Design & Assurance

• Own the first-line technology controls library (apps, infra, cloud, cyber) for LCH Ltd; define control objectives, procedures and metrics.
• Partner with BSL (Group Infrastructure & Cyber) to track LCH-owned controls and deliver the uplift programmes for identified core controls.
• Co‑chair technology risk reviews in CAB/technical change forums in conjunction with LCH Production Management and Architecture; enforce entry criteria, quality gates, and business approvals.
• Embed Group Delivery Disciplines (architecture‑led, data‑led, engineering‑led, STP design, etc.) into technology risk checkpoints for programmes and releases.

• Coordinate technology risk contributions to Operational Risk Committee and executive risk governance.
• Prepare updates on emerging risks (e.g., quantum/AI).

• Oversee TPRM for external and internal/intra-group technology suppliers—financial stability, Controls/KRI, SII, audit actions, end‑of‑life/patching—working with procurement, TPRM and second line risk.
• Oversee the management of intragroup critical outsourcing arrangements with BSL (Infrastructure and Cyber).
• Integrate cloud risk controls and assurance with LSEG Markets & Risk governance rhythms.

• Build and lead a diverse team (engineering, risk assurance, data) with clear roles and development paths.
• Clarify control ownership and RACI across first/second line; mentor control owners and ensure succession coverage.
• Interact closely with Divisional Risk teams (2LoD), Group Technology Risk & Control team (1LoD), and with LCH LTD and 1st line technology teams.
• Emphasis on influencing teams to enhance their risk management culture.

Key Outcomes (12–18 months)

• Control Library Alignment & Uplift: deliver prioritized uplift of control design and operating effectiveness to agreed target states.
• Resilient Change Delivery: Close gaps in change governance/CAB (entry criteria, quality gates, business accountability) to reduce risk of production incidents linked to change.
• Transparent Risk Reporting: Embed residual-risk and thematic reporting (beyond KPI/RAG) in resilience governance, with consistent sampling/testing guidance.
• Third‑Party & Cloud Risk: Strengthen TPRM and cloud risk controls in step with LSEG Markets & RI cadence.
• People & Operating Model: Build a high‑performing risk & controls team aligned to the BCO target operating model; clarify control ownership and RACI across first and second lines.

Required Experience

• Senior leadership in Technology Risk/Controls within regulated Financial Market Infrastructure or Tier‑1 financial services.
• Ownership of control libraries and assurance programmes; familiarity with CEP, NIST CSF/CRI, ITIL/COBIT, ISO 27001.
• Hands‑on change governance/CAB leadership in complex platforms; remediation of systemic gaps.
• Operational resilience and incident management expertise; experience presenting to executive and regulatory bodies.
• Cloud risk oversight and third‑party risk management across critical vendors.

Qualifications & Certifications (preferred)

• CRISC, CISM, CISSP, ISO 27001 Lead Auditor/Implementer, ITIL Expert.
• Degree in Computer Science/Engineering or equivalent experience.

Skills & Attributes

• Risk intellect with engineering credibility; able to translate risk into design‑level control changes.
• Influence & communication: concise executive storytelling and pack preparation for boards/committees.
• Delivery discipline: embeds Group Delivery Disciplines and measurable KPIs.
• Stakeholder management: collaborates across first/second line, BSL, programme delivery and product technology.

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.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth. Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions. Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich.