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We are looking for experienced Collateral Senior Business Analysts, who are both Transformation specialists and Collateral domain experts in equal measure.


Does that sound like you? Read on!


Successful candidates will leverage their versatile expertise to help our clients successfully define and deliver tailored solutions, across a varied set of critical transformation objectives.



·      Project scope definition

·      Detailed current state analysis

o   Agreement terms, IT applications, data infrastructure, functional capabilities, business processes, organisational set-up and more

·      Regulatory gap analysis

·      Business requirement definition

·      Target Operating Model definition

o   IT-Data-People-Process-Governance

·      Vendor RFP creation and assessment

·      Solution selection and design

·      Data analysis and modelling

·      Validation of IT functional design and build

·      Business process re-engineering

·      Test script creation and test governance

·      Operational procedures creation

·      Training of resources

·      Project planning and tracking

·      RAID identification and tracking (Risks, Assumptions, Issues, Dependencies)


·      >5 years experience as a Business Analyst

·      Experience as a Business Analyst working on major transformation programmes, including both regulatory and technology infrastructure programmes

·      Experience as a Business Analyst within vendor assessment, selection and implementation

·      Confident and strong communicator, with all levels and types of stakeholders

·      Business-oriented, but able to work with technology, data and legal teams

·      Strong Microsoft Office application skills (Excel, Word, Powerpoint)



·      Strong end-to-end operations processes of multiple collateral products, including:

o   OTC bilateral

o   OTC cleared

o   Listed derivatives

o   Securities Lending

o   Repo

·      Hands-on experience within previous UMR phases

·      Experience of other collateral-impact regulations e.g. CSDR, SFTR, MIFID, Clearing, etc

·      Collateral selection and optimisation techniques

·      Collateral inventory management solutions

·      Experience working with key collateral vendors, including Acadia, TriResolve and Major Custodians

·      Previous experience of the TriParty & Third Party Custody models, including onboarding

·      Strong knowledge of collateral legal contract terms and data i.e. CSA/CTA/CSD, ACA, ECS, GMRA, GMSLA, etc


·      Previous experience working as a consultant

·      Previous Project Manager experience

·      Strong knowledge of trading functions, including derivatives and securities finance

To apply for this position, please send your CV to harry.allen@thetonicconsultancy.com or use the form below to register your interest.


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