At a Glance
- Tasks: Lead strategic initiatives to optimise engineering costs and drive transformational opportunities.
- 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, collaborative culture that values innovation and personal growth.
- 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 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.
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.
ROLE SUMMARY
The Senior Manager, Engineering Transformation will lead strategic initiatives to optimise Engineering’s cost base, focusing 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.
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.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
Senior Manager, Engineering Transformation 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
✨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 LSEG. 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 Senior Manager, Engineering Transformation
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 LSEG.
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 LSEG'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 LSEG
✨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 LSEG.
✨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 LSEG 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 LSEG 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.
