TCA Product Owner

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.