Let’s be #BrilliantTogether
ISS STOXX LiquidMetrix is seeking a TCA Product Owner to join our Product team in London. This role acts as a bridge between clients, internal stakeholders, and engineering teams to support and enhance our TCA and Best Execution platform, with a strong focus on data, design, and quality assurance.
LiquidMetrix has a proud 30-year history of delivering sophisticated solutions to financial markets, including MiFID Best Execution, Transaction Cost Analysis (TCA), Market Surveillance, and Venue Liquidity Analytics. These solutions are delivered via state-of-the-art web services and APIs, powered by a global, multi-asset market data warehouse.
The Product team is responsible for the full product lifecycle—from concept through implementation and training. The successful candidate will work closely with Head of Product, Product team and Development teams across all stages of delivery, from initial design and wireframing through to release, training, and documentation.
This is an excellent opportunity to deepen your experience in financial markets within a broad and dynamic product role, working on a best-in-class technology platform.
Core Responsibilities
Gather and refine product requirements from clients, internal stakeholders, technology teams, and regulatory bodies
Triage incoming requests and prioritise based on client urgency, business impact, and cost
Produce high-quality functional specifications and acceptance criteria
Define clear functional requirements and support development across the lifecycle
Participate in testing, documentation, and client communication
Collaborate with internal project teams to deliver successful outcomes
Present project scope and progress to senior stakeholders and governance forums
Investigate complex issues in collaboration with Product and Client Services
Engage directly with clients to provide timely and effective resolution
Develop and deliver training for internal and external users
Maintain and enhance product documentation to reflect current functionality
Core Requirements
Minimum 5 years’ experience in TCA, trading analytics, product delivery, or financial markets
Degree-level education, ideally in finance, economics, or computer science
Ability to operate in fast-paced, evolving regulatory and business environments
Strong communication and presentation skills, with the ability to explain complex concepts to both technical and non-technical audiences
Analytical mindset with intellectual curiosity and attention to detail
Experience in Best Execution monitoring and/or TCA analytics
Strong understanding of the trading lifecycle and market structure (venues, liquidity types, asset classes)
Knowledge of key regulatory frameworks, including MiFID and MAR
Awareness of cross-functional collaboration across Product, Sales, Marketing, and Client Services
Technical Skills
Strong analytical capability with advanced Excel; working knowledge of SQL and Python preferred
Ability to analyse large datasets, identify patterns, and investigate complex issues
Familiarity with financial platform architecture, including data ingestion, workflows, APIs, and UI layers
Strong prioritisation and roadmap planning skills
Product-focused mindset with understanding of user behaviour (Traders, Analysts) and UX/HCI principles
Awareness of AI/ML concepts and their application to large datasets (desirable)
#MIDSENIOR #LI-SQ1 #LQM
What You Can Expect from Us
At ISS STOXX, our people are our driving force. We are committed to building a culture that values diverse skills, perspectives, and experiences. We hire the best talent in our industry and empower them with the resources, support, and opportunities to grow—professionally and personally.
Together, we foster an environment that fuels creativity, drives innovation, and shapes our future success.
Let’s empower, collaborate, and inspire.
Let’s be #BrilliantTogether.
About ISS STOXX
ISS STOXX GmbH is a leading provider of research and technology solutions for the financial market. Established in 1985, we offer top-notch benchmark and custom indices globally, helping clients identify investment opportunities and manage portfolio risks. Our services cover corporate governance, sustainability, cyber risk, and fund intelligence. Majority-owned by Deutsche Börse Group, ISS STOXX has over 3,400 professionals in 33 locations worldwide, serving around 6,400 clients, including institutional investors and companies focused on ESG, cyber, and governance risk. Clients trust our expertise to make informed decisions for their stakeholders' benefit.
Specifically, ISS LiquidMetrix provides a wide range of offerings, including Transaction Cost Analysis (TCA), execution quality, market abuse, and pre-trade analysis services across every public order and trade executed on European venues. Clients include sell sides, buy sides, exchanges, and regulators that require actionable analysis, reports, compliance tools, and global coverage.
Visit our website: https://www.issgovernance.com
View additional open roles: https://www.issgovernance.com/join-the-iss-team/
Institutional Shareholder Services (“ISS”) is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. It is our policy to prohibit discrimination or harassment against any applicant or employee on the basis of race, color, ethnicity, creed, religion, sex, age, height, weight, citizenship status, national origin, social origin, sexual orientation, gender identity or gender expression, pregnancy status, marital status, familial status, mental or physical disability, veteran status, military service or status, genetic information, or any other characteristic protected by law (referred to as “protected status”). All activities including, but not limited to, recruiting and hiring, recruitment advertising, promotions, performance appraisals, training, job assignments, compensation, demotions, transfers, terminations (including layoffs), benefits, and other terms, conditions, and privileges of employment, are and will be administered on a non-discriminatory basis, consistent with all applicable federal, state, and local requirements.
Skills Required
- Minimum 5 years experience in Compliance, surveillance product delivery, market surveillance, or financial markets.
- Degree-level education in Finance, Economics, Mathematics, Data Science, or related quantitative discipline.
- Strong communication and analytical skills; ability to explain complex concepts to technical and non-technical audiences.
- Adaptable, inquisitive mindset with desire to understand complex models, methodologies, and market behaviours.
- Ability to work independently and within cross-functional teams.
- Strong understanding of market abuse and surveillance methodologies (Insider Dealing, Spoofing, Front Running, other manipulation behaviours).
- Knowledge of regulatory frameworks including MAR, UK MAR, and MiFID.
- Experience with market abuse surveillance tools and platforms.
- Understanding of model calibration, back-testing, risk analysis, and gap analysis processes.
- Good knowledge of market structures, trading venues, and asset classes.
- Advanced Excel and documentation skills.
- Ability to analyse large datasets, identify patterns, and investigate complex scenarios.
- Familiarity with financial services platforms, data ingestion processes, workflows, APIs, and user interfaces.
- Product-focused mindset with ability to prioritise competing demands and contribute to product roadmap decisions.
- Strong stakeholder management skills balancing client, business, and technical considerations.
- Awareness of AI, Machine Learning, and statistical modelling techniques within surveillance and fintech solutions.
ISS (Institutional Shareholder Services) Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about ISS (Institutional Shareholder Services) and has not been reviewed or approved by ISS (Institutional Shareholder Services).
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Retirement Support — Retirement plans include a notably strong 401(k) match with a Safe Harbor contribution that stands out within the package. The retirement offering is regarded as a highlight relative to other elements of total rewards.
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Leave & Time Off Breadth — Paid time off, paid holidays, and parental leave are substantial components of the package. Time-away benefits are often described as a standout compared with other facets of compensation.
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Healthcare Strength — Medical, dental, and vision coverage are comprehensive within the standard package. Health coverage is generally viewed as solid, albeit characterized as middle of the road in some descriptions.
ISS (Institutional Shareholder Services) Insights
What We Do
Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Bourse Group, along with Genstar Capital and ISS management, is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS’ 2,200 employees operate worldwide across 29 global locations in 15 countries. It’s approximately 3,100 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial offerings, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS’ expertise to help them make informed investment decisions.
