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, healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse team that values innovation and sustainability.
- Why this job: Shape the future of engineering cost transformation and make a real impact.
- Qualifications: Experience in technology transformation and strong understanding of software licensing.
The predicted salary is between 40500 - 49500 £ per year.
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.
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.
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.
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.
- 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.
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: LSEG
LSEG is an exceptional employer that fosters a dynamic and innovative work culture, perfect for those passionate about AI and technology. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and collaboration on cutting-edge projects in a hybrid work environment. Join us in London to be part of a forward-thinking team that values creativity and technical expertise, making a meaningful impact in the world of finance and technology.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Engineering Transformation in London
✨Tip Number 1: Get Involved in Consulting Case Competitions
Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Senior Manager, Engineering Transformation at LSEG!
✨Tip Number 2: Leverage Alumni Networks
Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like LSEG or be willing to refer you for that Senior Manager, Engineering Transformation position!
✨Tip Number 3: Attend Industry Events and Conferences
Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from LSEG who’s on the lookout for their next Senior Manager, Engineering Transformation star!
✨Tip Number 4: Polish Your Consulting Skills Online
Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Senior Manager, Engineering Transformation role at LSEG!
We think you need these skills to ace Senior Manager, Engineering Transformation in London
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at LSEG. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at LSEG
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
✨Know Your Numbers
Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!
✨Show Your Leadership Flair
As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at LSEG. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!
