Product Director - Compression

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:

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.

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