At a Glance
- Tasks: Lead strategic initiatives to optimise engineering costs and enhance financial discipline.
- Company: Join LSEG, a global leader in financial markets infrastructure and data.
- Benefits: Enjoy tailored benefits, including healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team committed to sustainability and community support.
- Why this job: Shape the future of engineering cost transformation and make a real impact.
- Qualifications: Significant experience in technology or cost transformation within complex environments.
The predicted salary is between 40000 - 50000 £ per year.
ABOUT US
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 dedication 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 SUMMARY
The Senior Manager, Engineering Transformation will lead strategic initiatives to optimise Engineering’s cost base, with a particular focus on software licensing, vendor spend, developer tooling, platform costs, cloud consumption, and broader engineering expenditure. The role will work across Engineering, Finance, Procurement, FinOps, Architecture, and Product teams to build and execute sustainable cost optimisation strategies that reduce run-rate costs, improve commercial outcomes, enhance licence utilisation, and strengthen financial discipline across Engineering.
This individual will identify, structure, and accelerate transformational opportunities that deliver material, measurable, and auditable savings while supporting LSEG’s technology and business strategy.
WHAT YOU'LL BE DOING
- Build and maintain Engineering’s long-term cost optimisation strategy across software, cloud, infrastructure, platforms, tooling, services, and vendor spend.
- Identify high-value opportunities through spend analysis, benchmarking, usage assessments, licence inventories, demand forecasts, and architectural reviews.
- Establish repeatable approaches, frameworks, and governance to enable sustainable cost management across Engineering.
- Lead strategies to optimise major software licensing portfolios across Engineering.
- Drive software asset management maturity through improved inventory, entitlement, utilisation, and compliance processes.
- Identify opportunities to reduce duplicate tooling, consolidate vendors, improve licence utilisation, and eliminate under-used products.
- Provide commercial challenge and strategic input into major software renewals and vendor negotiations.
- Build trusted relationships with Engineering Leadership, CTOO teams, Finance, Procurement, Architecture, and Product organisations.
- Influence senior stakeholders to prioritise cost optimisation alongside resilience, performance, delivery, and innovation objectives.
WHAT YOU'LL BRING
Essential:
- Significant experience leading technology, engineering, operational, or cost transformation initiatives within a complex enterprise environment.
- Demonstrable experience delivering material cost savings and commercial outcomes across software, technology, or engineering organisations.
- Strong understanding of software licensing models, software asset management, vendor management, and technology procurement.
- Experience working with developer tooling, cloud platforms, infrastructure services, enterprise software, and SaaS vendors.
- Strong commercial acumen with the ability to evaluate business cases, investment decisions, and contract economics.
Desirable:
- Experience within financial services or other highly regulated industries.
- Experience with FinOps, TBM, Apptio, Cloudability, or similar tooling.
- Experience supporting large-scale software renewals, supplier negotiations, or sourcing activities.
- Knowledge of cloud economics, licence optimisation, and technology portfolio rationalisation.
WHY JOIN US
This role offers a unique opportunity to shape Engineering’s cost transformation agenda across LSEG. You will work directly with Engineering Leadership, Finance, Procurement, and strategic technology partners to deliver sustainable savings, improve commercial effectiveness, and build the capabilities and governance required to optimise a multi-hundred-million-pound engineering cost base.
CAREER STAGE
Manager
OUR VALUES
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.
ABOUT YOUR FUTURE COLLEAGUES
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 our diverse workforce. We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law.
Conforming with applicable law, we can reasonably accommodate applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives.
Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.
BENEFITS
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
Senior Manager, Engineering Transformation in London employer: London Stock Exchange Group
At London Stock Exchange Group, we pride ourselves on being an exceptional employer that champions innovation and sustainability. Our collaborative work culture fosters professional growth, offering employees ample opportunities to develop their skills in a dynamic environment focused on sustainable investment. Located in the heart of London, we provide a vibrant workplace with access to industry-leading resources and a commitment to making a positive impact in the financial sector.
Contact Details:
London Stock Exchange Group Recruitment Team
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We think you need these skills to ace Senior Manager, Engineering Transformation in London
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