Business Compliance & Regulatory Change Manager

The Business Compliance & Regulatory Change Manager is a first line of defence (1LoD) advisory role responsible for identifying, assessing, and managing regulatory and regulatory‑change risk across the FTSE Russell business. The role provides proactive, embedded regulatory advice to the business, ensuring regulatory requirements are translated into practical, scalable controls and embedded into business‑as‑usual operations.

Sitting within the Regulatory Risk and Controls function, the role supports safe product innovation, strong governance, audit readiness, and regulatory confidence across FTSE Russell, working collaboratively with a wide range of internal and external stakeholders.

Role Responsibilities & Key Accountabilities

1LoD Regulatory Advisory & Business Partnership

• Act as a trusted, embedded regulatory advisor to Product, Engineering and Operations teams across the full benchmark lifecycle, from product innovation through to BAU operation.

• Provide pragmatic, real‑time regulatory guidance to support new benchmarks, methodology changes, custom indices, new product lines, and new asset classes.

• Support regulator and client‑facing activity, including regulatory queries, due diligence requests and data submissions.

Horizon Scanning & Regulatory Change Risk Management

• Identify, assess, and manage regulatory developments impacting FTSE Russell across jurisdictions (including UK, EU, and Globally).

• Perform regulatory impact assessments and gap analysis, translating regulatory change into clear business actions, remediation plans and control enhancements (including ESG / anti‑greenwashing risk, operational resilience, and third party risk)

• Maintain oversight of regulatory change risks, dependencies, and delivery status across the business.

Regulatory Remediation, Audit & Assurance

• Lead first line coordination of internal and external audits and assurance engagements (e.g. UK BMR, EU BMR, IOSCO, etc).

• Own and track regulatory remediation plans, actions and evidence through to closure, ensuring outcomes are sustainable and embedded into BAU.

• Maintain clear audit trails and regulatory artefacts to support ongoing supervisory engagement.

Governance, Controls & Policy

• Maintain and enhance policies, standards and controls, ensuring traceability from regulation to control objectives and evidence.

• Support the effective operation of regulatory governance forums, including clarity of accountability, escalation and decision‑making.

• Contribute to the development of regulatory MI, obligation mapping, and regulatory tooling.

Resilience & Risk Culture

• Provide regulatory input into operational resilience, outsourcing, third‑party and related risk activities.

• Support incident management and resilience activities to ensure regulatory expectations are met and evidenced.

• Promote a strong risk culture through early issue identification, appropriate escalation, and risk‑based decision‑making.

Qualifications & Experience

• Relevant professional qualification or equivalent experience in regulation, compliance, risk within financial services.

• Strong experience in a first or second line advisory regulatory role within a complex, regulated organisations.

• Good understanding of financial services regulation and governance; experience with benchmark regulation and regulatory change strongly desirable.

• Proven ability to translate regulatory requirements into practical business actions and controls.

• Strong stakeholder management skills, with confidence engaging senior stakeholders across the business, and externally.

• Excellent written and verbal communication skills, with experience producing high‑quality regulatory and governance materials.

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.

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.

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