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NEXTMOVEFDE careers · United States
LSEG

Director, Futures Clearing Product (FCM / Listed Rates)

AI summary of the role

This Director of Product Development role at LSEG owns the strategy, roadmap, and delivery of Listed Rates clearing products, including a major re-platform initiative.

What you’ll do

  • Own the Listed Rates re-platform through launch: define scope, requirements, acceptance criteria, and coordinate readiness.
  • Set the next-phase roadmap: expand contract coverage, improve client experience, strengthen risk/margin features, and scale for resilience.
  • Grow adoption by partnering with customer-facing teams to progress new clearing memberships and reduce onboarding friction.
  • Design venue-to-CCP boundary: steward functional/technical flows including trade capture, allocations, give-ups/take-ups, corrections, exercise/assignment, and settlement.

What you’ll bring

  • Deep experience in Listed Rates derivatives—contract mechanics, lifecycle events, and post-trade flows for futures and options on rates.
  • Practical knowledge of venue to CCP integrations (messages/flows, reference data, average price, block workflows, reconciliation).
  • Track record delivering sophisticated platform changes or large-scale product initiatives in market infrastructure, exchanges, CCPs, or Tier-1 institutions.
  • Clear, calm stakeholder leadership across engineering, change, operations, sales, and external partners.

Technologies

Listed Rates derivatives · OTC Rates clearing · venue-to-CCP integration · FIS · ION · futures · options on rates · trade capture · allocations · give-ups/take-ups

About LSEG

Global financial markets infrastructure and data business — runs the London Stock Exchange, LCH clearing, FTSE Russell indices, and Refinitiv-derived data & analytics for financial institutions worldwide.

Public · 5000+ people

Source and classification

Deployment strategy · Evidence for this classification:

Director, Product Development — Listed Rates (New York, Hybrid) Help modernize interest rates clearing that institutions rely on every day! We’re looking for a Director of Product Development to shape the strategy, roadmap, and delivery of Listed Rates clearing products and services. Experience across OTC Rates is a strong plus. You’ll work across the full product lifecycle—from market discovery and business cases, to venue‑to‑CCP integration, delivery with engineering, operational readiness, and commercial adoption with Sales and Onboarding. You’ll report to the Head of Product Development, SwapClear & Listed Rates. (No direct reports on day one.) What you’ll do Own the Listed Rates re‑platform through launch: define scope and requirements, maintain acceptance criteria and traceability, coordinate readiness, and guide launch. Set the next‑phase roadmap: expand contract coverage,
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