Director, Operational Transformation

London Stock Exchange$165K — $276K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of senior-level experience in large-scale operational transformation related to financial services or similarly regulated environments.
  • Track record of designing and implementing Target Operating Models, integrating processes, technology, organization, and governance.
  • Strong background in leading change management initiatives, focusing on adoption rather than just technology or process delivery.
  • Demonstrated capability to influence stakeholders at the executive level and operate in complex matrix structures.
  • Solid commercial and financial acumen with experience in budget management and investment prioritization.
  • Deep knowledge of operational risk, controls, and governance principles.

Responsibilities

  • Define and execute the automation and migration strategy for operational processes in Benchmark & Index Management.
  • Create a detailed Target Operating Model that clarifies processes, governance, control points, and technology integration.
  • Develop a transformation roadmap with prioritized initiatives, clear milestones, and outcomes.
  • Lead organizational change efforts to ensure initiatives are adopted and sustained over time.
  • Provide cross-domain leadership to improve scalability and reduce dependency on manual processes in index management, data operations, and rebalances.
  • Set a strategic direction for automation and technology enablement, fostering a data-driven environment.
  • Measure and report on transformation success, tracking metrics like operational efficiency and risk reduction.

Benefits

  • Annual Wellness Allowance
  • Paid time off
  • Medical, Dental, Vision coverage
  • Flex Spending & Health Savings Options
  • Prescription Drug plan
  • 401(K) Savings Plan with company match
  • Basic life insurance and disability benefits
  • Emergency backup dependent care and adoption assistance
Full Job Description
FTSE Russell is seeking an experienced and dynamic Senior Leader to drive the transformation and change management of operations within our Benchmark and Index Management division!

This role will be responsible for developing and owning the strategy for automation and migration of operational processes across Index Management, Data Management, and Index Rebalances.

The ideal candidate will possess strong technical knowledge, exceptional stakeholder management skills, and a proven track record in large-scale transformation within the financial services or index industry.

Role Scope & Purpose
  • Own the operational transformation agenda for Benchmark and Index Management, with accountability for outcomes rather than activity.
  • Design and implement a future-state Target Operating Model (TOM) that enables scalable growth, improved control, and faster innovation.
  • Act as a senior partner to business, technology, risk, and data leadership, balancing commercial priorities with regulatory and operational requirements.
  • Lead transformation as a combination of process, technology, organisational change, and behavioural adoption.


Key Responsibilities

Strategic Transformation & Target Operating Model
  • Define and own the strategy for automation and migration of operational processes across the Benchmark & Index Management lifecycle.
  • Design a Target Operating Model that clearly articulates:
    • End-to-end processes and ownership
    • Decision rights and governance
    • Control points and risk ownership
    • Technology enablement and data flows
  • Translate strategic intent into a coherent, prioritised transformation roadmap with clear milestones and outcomes.


Organisational Change & Adoption
  • Lead transformation with a strong focus on organisational change, ensuring initiatives are adopted, embedded, and sustained.
  • Sponsor change management approaches covering collaborator impact, communication, capability uplift, and behavioural change.
  • Support leaders and SMEs through role and accountability shifts required by the future operating model.


Cross-Domain Operational Leadership

Provide cohesive leadership across multiple, interdependent operational domains:
  • Index Management
    • Transform processes supporting index lifecycle activity, including corporate actions and methodology changes.
    • Improve scalability, timeliness, and consistency while reducing dependency on manual intervention.
  • Data Management
    • Redesign data operations to improve quality, accuracy, traceability, and resilience.
    • Strengthen ownership and accountability for data across the operating model.
  • Index Rebalances
    • Innovate and automate rebalance processes to enhance execution certainty, accuracy, and time-critical delivery.
    • Reduce operational risk in high-volume, market-sensitive events.


Technology & Automation Enablement
  • Set a clear strategic direction for process automation and enabling technologies.
  • Balance tactical delivery with long-term platform evolution.
  • Ensure teams develop the skills, tools, and mindset required to operate in a more automated, data-driven environment.


Governance, Risk & Resilience
  • Ensure transformation activity strengthens operational resilience, control, and governance.
  • Embed risk considerations into process design rather than addressing them retrospectively.
  • Balance a control-driven environment with the need to deliver responsive, time-critical solutions for clients.


Value, Prioritisation & Execution
  • Identify and prioritise initiatives based on business value, risk reduction, scalability, and strategic fit.
  • Own investment cases, sequencing decisions, and budget accountability.
  • Make and stand behind difficult trade-offs when capacity, funding, or timing constraints arise.


Leadership & Capability Development
  • Lead and develop a team of change, transformation and process efficiency specialists, alongside business subject-matter experts.
  • Build transformation capability within the business, moving from dependency on central roles to embedded ownership.
  • Foster a culture of continuous improvement, accountability, and collaboration.


Measurement & Outcomes
  • Define and track transformation success across multiple dimensions:
    • Operational efficiency and cost
    • Risk reduction and control effectiveness
    • Time-to-market and scalability
    • Enablement of growth and innovation
  • Provide clear, outcome-focused reporting to senior collaborators.


Experience & Qualifications
  • Extensive senior-level experience delivering large-scale operational or organisational transformation within financial services or similarly regulated environments.
  • Proven track record designing and implementing Target Operating Models covering process, technology, organisation, and governance.
  • Strong experience leading change and adoption, not just technology or process delivery.
  • Demonstrated ability to influence at executive level and lead through complex matrix structures.
  • Strong commercial and financial acumen, including investment prioritisation and budget management.
  • Deep understanding of operational risk, controls, and governance principles.


Leadership Capabilities & Attributes
  • Enterprise-level thinking and systems perspective
  • Credible transformation and change leadership
  • Strong judgement and decision-making under pressure
  • Ability to balance control, efficiency, and innovation
  • Executive-level communication and collaborator management
  • Coaching-oriented leadership and talent development


Career Stage:
Director

Compensation/Benefits Information:

LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $165,900 - $276,500.

Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/"bonus plan"). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG's Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.

About London Stock Exchange

London Stock Exchange Careers

There has never been a better time to join the global team at London Stock Exchange, a leading financial marketplace renowned for its robust growth, innovation, and leadership in the financial sector.

Work You’ll Do

Join London Stock Exchange's market-leading team to help drive the future of financial markets. At the intersection of finance and technology, the company offers a unique position in the marketplace, fostering digital innovation and industry expertise. Professionals at London Stock Exchange work with a dynamic team of business and technology advisors, helping clients and the market navigate through complex financial landscapes with cutting-edge solutions. Collaborate with some of the most talented financial experts in the industry—professionals dedicated to advancing the state of financial markets and services.

Introducing the London Stock Exchange Professional Growth and Development Initiative

The initiative is building a market-leading team to propel London Stock Exchange to new heights, focusing on digital transformation and financial innovation.

Do Innovative Work

Engage in groundbreaking work with London Stock Exchange, where job opportunities abound for pushing the boundaries of financial technology and services.

Drive Innovation and Leadership

Deliver targeted financial solutions through a depth and breadth of consulting experience and innovation that’s second to none. London Stock Exchange is a place where leadership and diversity training meet to create a powerhouse in financial services.

Be Part of a Great Team

Join a team that values diversity and is committed to creating an inclusive culture. London Stockage Exchange offers a wide range of benefits and a culture that fosters professional growth and networking opportunities.

Future-proof Your Career

With London Stock Exchange, career advancement is limitless. The company supports professional growth with unmatched training, development, and certification support.

Explore Job Opportunities and Internships

From internships to leadership positions, London Stockage Exchange offers a variety of roles for individuals at every stage of their career. The company is continuously hiring, seeking passionate, curious, and innovative team players.

The London Stock Exchange Commitment to Professional Development

With a commitment to professional development and employment diversity, London Stock Exchange ensures that all team members have the resources and opportunities to thrive in their careers.

Stay Connected

Join the Team

Search open positions that match your skills and interests. London Stockage Exchange looks for passionate, creative, and solution-driven professionals. SEARCH LONDON STOCK EXCHANGE JOBS

Keep Up to Date

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at London Stock Exchange.

READ CAREERS BLOG

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at London Stockage Exchange.
Learn more about London Stock Exchange

Similar Jobs

More Jobs at London Stock Exchange

More Finance & Insurance Jobs

Find similar Director, Operational Transformation jobs: