London Stock Exchange Group
Product Director - Compression page is loaded Product Director - Compressionlocations: London, United Kingdomtime type: Full timeposted on: Posted Todayjob requisition id: R Director - Service Lead Compression Quantile offers market-leading optimisation services that reduce counterparty risk, notional and capital requirements to increase the efficiency and liquidity of derivatives markets, improve returns for clients, and make the financial system safer.We are part of LSEG's Post Trade division, where we connect a network of participants and use advanced algorithms to reduce risk and release capital. Since launch, our services have eliminated trillions of dollars of gross notional through interest rate compression and billions of dollars in initial margin and capital requirements through counterparty risk optimisation.Our clients, including all the top tier global banks, regional banks, buy-side firms and other large institutional market participants, are serviced from offices in London, New York, Amsterdam and Tokyo. Duties and Responsibilities Compression Team Leadership Lead, grow and develop the compression production team, setting clear objectives aligned with service delivery targets and commercial goals. Establish structured frameworks for performance evaluation, coaching, and career development across the team. Drive continuous improvement across the compression workflow, identifying inefficiencies and implementing process enhancements that increase throughput and improve the client experience. Ensure effective coordination and communication with Engineering, Strat, Sales and Relationship Management teams on upcoming changes, enhancements and run schedules. Compression Service Design & Delivery Lead the design and implementation of new compression products and major service additions from concept through to production. Drive continuous enhancement of existing compression services, working closely with the Engineering and Strat teams to ensure changes are delivered to specification and on schedule. Monitor market and regulatory trends affecting compression demand (e.g. margin rules, leverage ratio requirements) and translate these into service opportunities. Senior Client Engagement Act as the senior point of contact for compression-related client engagement, articulating the benefits, methodology and operational detail to stakeholders at all levels. Lead client reviews of compression results, explaining the factors driving outcomes and advising on how clients can improve results through constraint and portfolio strategies. Oversee onboarding of new clients to the compression service, ensuring they have a thorough understanding of the process and are fully prepared for production runs. Manage client communications around any issues raised by the Strat team during a compression run, with appropriate urgency and commercial sensitivity. Maintain ongoing dialogue with clients to understand evolving needs, gather feedback, and identify opportunities to deepen the relationship. Requirements and Qualifications 10+ years of experience in derivatives operations or a closely related function, with deep expertise in interest rate derivatives and compression workflows. Proven experience leading and developing an operations or production team. Degree in a numerate discipline (Mathematics, Physics, Engineering, Computer Science); advanced degree preferred. Excellent communication and stakeholder management skills - able to translate complex quantitative concepts for clients with varying levels of sophistication. Strong operational diligence, attention to detail, and sound judgement under pressure. Technical Knowledge (essential) IR compression workflows and optimisation algorithms Derivatives: IR (swaps, swaptions, futures), FX (FWD, NDF, FX options), Equity (TRS, PRS, dividend handling, futures) Greeks and pricing models associated with the above products Capital & margin frameworks: Cleared margin, SIMM, leverage ratio (CEM, SA-CCR), RWA, CCAR Career Stage: Director London Stock Exchange Group (LSEG) Information: 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 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.LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.Please take a moment to read this carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, .If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.LSEG (London Stock Exchange Group) 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 culture of connecting, creating opportunity and delivering excellence shapes how we think, how we do things and how we help our people fulfil their potential.
Product Director - Compression page is loaded Product Director - Compressionlocations: London, United Kingdomtime type: Full timeposted on: Posted Todayjob requisition id: R Director - Service Lead Compression Quantile offers market-leading optimisation services that reduce counterparty risk, notional and capital requirements to increase the efficiency and liquidity of derivatives markets, improve returns for clients, and make the financial system safer.We are part of LSEG's Post Trade division, where we connect a network of participants and use advanced algorithms to reduce risk and release capital. Since launch, our services have eliminated trillions of dollars of gross notional through interest rate compression and billions of dollars in initial margin and capital requirements through counterparty risk optimisation.Our clients, including all the top tier global banks, regional banks, buy-side firms and other large institutional market participants, are serviced from offices in London, New York, Amsterdam and Tokyo. Duties and Responsibilities Compression Team Leadership Lead, grow and develop the compression production team, setting clear objectives aligned with service delivery targets and commercial goals. Establish structured frameworks for performance evaluation, coaching, and career development across the team. Drive continuous improvement across the compression workflow, identifying inefficiencies and implementing process enhancements that increase throughput and improve the client experience. Ensure effective coordination and communication with Engineering, Strat, Sales and Relationship Management teams on upcoming changes, enhancements and run schedules. Compression Service Design & Delivery Lead the design and implementation of new compression products and major service additions from concept through to production. Drive continuous enhancement of existing compression services, working closely with the Engineering and Strat teams to ensure changes are delivered to specification and on schedule. Monitor market and regulatory trends affecting compression demand (e.g. margin rules, leverage ratio requirements) and translate these into service opportunities. Senior Client Engagement Act as the senior point of contact for compression-related client engagement, articulating the benefits, methodology and operational detail to stakeholders at all levels. Lead client reviews of compression results, explaining the factors driving outcomes and advising on how clients can improve results through constraint and portfolio strategies. Oversee onboarding of new clients to the compression service, ensuring they have a thorough understanding of the process and are fully prepared for production runs. Manage client communications around any issues raised by the Strat team during a compression run, with appropriate urgency and commercial sensitivity. Maintain ongoing dialogue with clients to understand evolving needs, gather feedback, and identify opportunities to deepen the relationship. Requirements and Qualifications 10+ years of experience in derivatives operations or a closely related function, with deep expertise in interest rate derivatives and compression workflows. Proven experience leading and developing an operations or production team. Degree in a numerate discipline (Mathematics, Physics, Engineering, Computer Science); advanced degree preferred. Excellent communication and stakeholder management skills - able to translate complex quantitative concepts for clients with varying levels of sophistication. Strong operational diligence, attention to detail, and sound judgement under pressure. Technical Knowledge (essential) IR compression workflows and optimisation algorithms Derivatives: IR (swaps, swaptions, futures), FX (FWD, NDF, FX options), Equity (TRS, PRS, dividend handling, futures) Greeks and pricing models associated with the above products Capital & margin frameworks: Cleared margin, SIMM, leverage ratio (CEM, SA-CCR), RWA, CCAR Career Stage: Director London Stock Exchange Group (LSEG) Information: 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 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.LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.Please take a moment to read this carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, .If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.LSEG (London Stock Exchange Group) 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 culture of connecting, creating opportunity and delivering excellence shapes how we think, how we do things and how we help our people fulfil their potential.
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OUR IMPACT Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the globe. Alongside this integral service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm's assets and its reputation. Behind every trade executed, every new product launched, every market entered, and every transaction completed is an Operations team that develops the foundational processes and controls that make our business flow. Within the Global Banking & Markets Division Operations, the Capital & Portfolio Optimisation (CAPO) is responsible for executing internal and external optimisation activity to manage firm balance sheet strategy for the FICC derivative businesses. CAPO partners with trading, quants, engineering, operations and controllers to build, execute and refine the processes that manage this strategy. The team operates globally with presence in London, New York City and Singapore; supporting a variety of products spanning cleared and uncleared Interest Rate, Credit, FX and Mortgage derivatives. As a Vice President, you will be required to develop a strong product, industry, and process knowledge to support ongoing and new initiatives such as derivative compression, initial margin and counterparty risk optimisation. YOUR IMPACT The role requires a high degree of communication and initiative to meet tight deadlines in a fast paced and evolving environment. The team values individuals who are self motivated, quick learners and detail orientated with an eye for process improvement, risk and control frameworks. You will work extensively with third party optimisation vendors, clearing houses and middleware providers to deliver optimisation processes to manage the firm's balance sheet capital costs. A successful candidate will be expected to manage local juniors and show thought leadership across the FICC Operations organisation by managing key stakeholders & external vendors, prioritising strategic initiatives, and for the team. You will be expected to: Manage external vendor relationships to drive strategic business goals for the FICC derivatives businesses. Become an expert in processes/workflows the team manages to mitigate operational risk and drive operational efficiencies. Manage real time trade booking exceptions which arise during internal and external optimisation workflows. Engage in various industry and regulatory initiatives in a constantly changing environment. Engage senior stakeholders to manage business demands with operational resourcing. Mentor and manage junior talent to excel in their roles. PREFERRED SKILLS & EXPERIENCE: Basic Qualifications At least 7+ years of experience in investment banking, buy side or institutional operations experience. Experience managing and developing junior talent. Extensive derivatives knowledge with a focus on interest rate, foreign exchange (FX), and credit/mortgage products. Proven ability to effectively manage operational risks and develop control enhancements. Proactive, enthusiastic, and creative approach with high attention to detail. Ability to prioritise and multi task in a fast paced environment. Effective problem solving and critical thinking skills with proven track record of exercising sound judgement. Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly. Preferred Qualifications Knowledge and experience of post trade risk reduction (PTRR) services such as optimisation vendors and clearing houses. Understanding of the bank regulatory environment in topics such as GSIB, CCAR, Basel III capital rules and CFTC, EMIR, SEC, HKMA, MiFIR portfolio compression requirements. Data analytics and experience with BI tooling such as Alteryx or Python. Experience using AGILE methodologies to manage cross functional projects. ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firm wide networks to benefits, wellness and personal finance offerings and mindfulness programmes. Learn more about our culture, benefits, and people at We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: statement.html The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, colour, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
OUR IMPACT Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the globe. Alongside this integral service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm's assets and its reputation. Behind every trade executed, every new product launched, every market entered, and every transaction completed is an Operations team that develops the foundational processes and controls that make our business flow. Within the Global Banking & Markets Division Operations, the Capital & Portfolio Optimisation (CAPO) is responsible for executing internal and external optimisation activity to manage firm balance sheet strategy for the FICC derivative businesses. CAPO partners with trading, quants, engineering, operations and controllers to build, execute and refine the processes that manage this strategy. The team operates globally with presence in London, New York City and Singapore; supporting a variety of products spanning cleared and uncleared Interest Rate, Credit, FX and Mortgage derivatives. As a Vice President, you will be required to develop a strong product, industry, and process knowledge to support ongoing and new initiatives such as derivative compression, initial margin and counterparty risk optimisation. YOUR IMPACT The role requires a high degree of communication and initiative to meet tight deadlines in a fast paced and evolving environment. The team values individuals who are self motivated, quick learners and detail orientated with an eye for process improvement, risk and control frameworks. You will work extensively with third party optimisation vendors, clearing houses and middleware providers to deliver optimisation processes to manage the firm's balance sheet capital costs. A successful candidate will be expected to manage local juniors and show thought leadership across the FICC Operations organisation by managing key stakeholders & external vendors, prioritising strategic initiatives, and for the team. You will be expected to: Manage external vendor relationships to drive strategic business goals for the FICC derivatives businesses. Become an expert in processes/workflows the team manages to mitigate operational risk and drive operational efficiencies. Manage real time trade booking exceptions which arise during internal and external optimisation workflows. Engage in various industry and regulatory initiatives in a constantly changing environment. Engage senior stakeholders to manage business demands with operational resourcing. Mentor and manage junior talent to excel in their roles. PREFERRED SKILLS & EXPERIENCE: Basic Qualifications At least 7+ years of experience in investment banking, buy side or institutional operations experience. Experience managing and developing junior talent. Extensive derivatives knowledge with a focus on interest rate, foreign exchange (FX), and credit/mortgage products. Proven ability to effectively manage operational risks and develop control enhancements. Proactive, enthusiastic, and creative approach with high attention to detail. Ability to prioritise and multi task in a fast paced environment. Effective problem solving and critical thinking skills with proven track record of exercising sound judgement. Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly. Preferred Qualifications Knowledge and experience of post trade risk reduction (PTRR) services such as optimisation vendors and clearing houses. Understanding of the bank regulatory environment in topics such as GSIB, CCAR, Basel III capital rules and CFTC, EMIR, SEC, HKMA, MiFIR portfolio compression requirements. Data analytics and experience with BI tooling such as Alteryx or Python. Experience using AGILE methodologies to manage cross functional projects. ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firm wide networks to benefits, wellness and personal finance offerings and mindfulness programmes. Learn more about our culture, benefits, and people at We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: statement.html The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, colour, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
