Lead Data Engineer

LCH, SwapClear and Listed Rates

LCH Ltd is an international multi-asset class central counterparty clearing house (CCP), part of the London Stock Exchange Group.  LCH Ltd serves a broad range of exchanges and over-the-counter trading platforms providing critical risk management services.  It has a unique membership model and its customers span the globe and include major financial groups (including the majority of the major investment banks), broker-dealers and specialist commodity houses and a wide range of buy-side and real-money firms including major asset managers and large hedge funds.

This role provides an opportunity to work on one of the most critical finance technology functions in the world. The LCH CCP is systematically significant to the world’s financial markets which requires technology that has to be very resilient and with strong controls. LSE Group also provides a chance to work with other technology teams across the Exchange, and the rest of the Post Trade Businesses

LCH SwapClear & Listed Rates is the major clearing business for LCH and LSEG, one of the company flagships and the global leader in IRS Clearing. SwapClear is the largest global Rates platform in the world with the highest standards of resilience. The Platform clears ~9m new trades per annum and supports various daily post-trade processing features, such as margin optimisations. 90% of the cleared interest rate swaps globally pass through the platform, and we regularly clear in excess of $3.5 trillion notional per day with over 60 member bank groups and over 1000 clients serviced.

Role Profile

The Reporting & Data Analytics platform underpins regulatory reporting, risk visibility, member reporting and internal analytics across SwapClear and Listed Rates. Given the scale, criticality and regulatory scrutiny of this data, the platform is subject to exacting availability, accuracy, lineage and governance requirements.

LCH has embarked on a strategic transformation of its Reporting & Data Analytics architecture, moving from legacy on-premise Oracle / Informatica stacks to a cloud native, Snowflake based data platform.  This solution will enable robust, performant reporting, self-service analytics, and new data distribution patterns for our members and clients.

Joining as a Senior Engineer, you will be accountable for setting the platform’s technical direction, delivering Reporting & Data Analytics features, and ensuring the ongoing stability of the platform during and beyond the transformation.

You will be a technology leader with deep hands-on data engineering experience, strong technical judgement, and the seniority to engage confidently with Group Architecture, Group Data Governance, and senior business partners.

You will lead a team of engineers to deliver the reporting and data analytics transformation, with responsibility for technical standards and professional development.  You will ensure the team designs and builds solutions in line with our Engineering Principles, taking a data-driven approach, innovating with purpose, and acting as an owner.

You will ensure the platform evolves beyond migration into a scalable, governed platform that supports our members and clients, and internal partners.

Key Responsibilities

• Technology owner of the end-to-end data solutions for reporting and data analytics across SwapClear and Listed Rates.
• Lead the safe migration from legacy Oracle / Informatica platform to the target cloud architecture. Take accountability for successful legacy decommissioning, not just building the new platform.
• Lead the design, implementation and multi-year phased delivery for SwapClear and Listed Rates.
• Define and drive evolution of the Strategic Cloud data platform, ensure it is fit for purpose for SwapClear and Listed Rates use cases.
• Ensure the E2E platform meets availability, performance, resilience and security expected of a "systemically important" clearing house.
• Assists Product Owners and Delivery Leads with delivery planning of business goals/outcomes.
• Act as a senior technical partner to Group Architecture Authority, Group Data Governance and Product and business partners.
• Partner with Quality engineering to ensure that all aspects of the software development lifecycle is delivered to high levels of quality and using modern testing standards, automation and cloud-native practices.
• Build and maintain strong relationships with internal and external partners, using influence and trust to drive alignment, resolve challenges, and promote shared quality goals.

Required Experience, Skills and Traits

• 15+ years of hands-on software engineering experience, including at least 5+ years as a technical lead, with consistent track record of delivering high-quality solutions
• Shown leadership of enterprise scale Snowflake (or similar) data platform implementations.
• ELT data architectures, using dbt or similar
• Cloud data lake and data warehouse solutions
• Solid experience of data-centric solution using SQL, PL/SQL and Python
• Data warehouse modelling approaches
• Deep expertise in
• Immutable, incremental and versioned data architectures
• Enterprise scale data modelling
• Data governance, lineage and control frameworks
• Strong engineering background with the ability to engage deeply in design and implementation.
• Prior experience working with Informatica PowerCenter or similar solutions.
• Quality-first approach
• Seniority and credibility to influence group level architecture and governance bodies.
• Passionate about metrics driven approach and leading with data.
• Practical and relevant AI experience in data engineering / migrations use cases
• Detail oriented problem solver, comfortable “diving-deep”

Desired Experience, Skills and Traits

• Experience operating in regulated, high availability environments.
• Degree in Computer Science, Software Engineering or equivalent.
• Knowledge and practical experience running technology both on prem and in cloud.
• Experience of large-scale real-time and batch process orchestration, optionally with third-party orchestration engines
• Good understanding of cyber security standards and practices and follows secure-by-design principle.
• Experience of working with agile frameworks like Scrum, Kanban.
• Background working in financial industry
• Experience of modern observability platforms e.g. DataDog

About the London Stock Exchange Group

LSEG’s vision is to be the most trusted expert in global financial markets.  This is achieved through leading the world in providing access to capital, helping customers optimise capital resources and promoting trusted and transparent environments and services for investment.

LSEG is a diversified international exchange Group that sits at the heart of the world's financial community.  The Group operates through four key business divisions: Capital Markets (broad range of international equity, bond and derivatives markets); Post Trade (post trade and risk management services); Global Technology Services (high performance trading platforms and capital markets software); and Information Services (real-time and reference data products).

LSEG prides itself on operating a neutral, trusted, well-regulated and systemically important market infrastructure and does this within a fast paced, real-time and highly regulated environment.  The Group is accountable to its shareholders, clients, regulators and the societies in which it operates and the Group Values and Behaviours underpin how the Group meets those accountabilities.

Career Stage

Manager

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.

LS