Total Cost of Ownership (TCO) - Product Owner in London

LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider. We enable businesses and economies worldwide to fund innovation, manage risk, and create jobs. With over 300 years of heritage, our open-access model and trusted services provide the flexibility, stability, and confidence our customers need to pursue their ambitions.

People are central to our success. Our values—Integrity, Partnership, Excellence, and Change—guide how we work and grow together. We foster a diverse and inclusive culture, encouraging innovation, collaboration, and continuous development. At LSEG, we offer meaningful careers and opportunities to expand skills across a global organisation.

An experienced leader responsible for product ownership of LSEG’s TBM platform (MagicOrange), incorporating Engineering and Operations. This role will ensure the TBM process, data flows, taxonomy, and tooling are effective, well governed, and continuously improving, enabling high quality cost transparency, allocation accuracy, and actionable insights across Engineering, Finance, and Operations. The role owns the platform, TBM operational processes, data quality, workflow design, and the end‑to‑end operation of the TBM product.

LSEG has invested in an established TBM framework and supporting tooling to improve transparency and control of technology spend. With MagicOrange as the core TBM platform, this role will lead its evolution, ensuring robust processes, data quality, and reporting outputs that support decision‑making across the enterprise. The role will act as the central owner of TBM operations and platform capability, driving continuous improvement, governance, and adoption.

What You'll Be Doing:

• Own the end-to-end TBM operational cycle including data ingestion, validation, allocation and monthly reporting for Engineering and Operations.
• Establish controls and SLAs to ensure predictable, repeatable TBM operations.
• Continue to evolve the TBM model to support LSEG’s transition to a product‑aligned organisation and towards a chargeback model.
• Manage dashboards, allocations, service catalogues, and costing models within the platform.
• Develop and maintain process guides, data dictionaries, training materials, and user onboarding resources.
• Ensure high‑quality, automated, and scalable data integration across Oracle, Clarity, Planview, HR systems, and cloud platforms.
• Own the product roadmap for MagicOrange, defining enhancements, prioritising features, and managing the vendor relationship.
• Lead platform configuration, release planning, workflow improvements, and testing cycles.
• Drive understanding and adoption of TBM processes and tooling through training and continuous engagement.

What You'll Bring:

• Proven experience in leading TBM product ownership within large, complex organisations.
• Familiarity with TBM solutions such as Apptio, Magic Orange etc.
• Deep understanding of TBM principles, frameworks, and tools.
• Strong financial skills and experience in technology cost management, budgeting, and forecasting.
• Ability to translate financial and operational data into strategic insights.
• Experience in partner management across Finance, Engineering, and Business units.
• Good communication and influencing skills, with the ability to engage at all levels.
• Experience motivating change and embedding new practices across global teams.
• Familiarity with ITIL, Agile, and enterprise architecture frameworks is a plus.

This is a unique opportunity to shape the future of technology cost transparency and TBM operations at LSEG. You’ll join a high‑performing team driving transformation across geographies and functions. We offer flexible working arrangements, with this role based in London, UK for three days a week.

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.

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.

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.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.