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UMR SENIOR BUSINESS ANALYST

We are looking for Senior Business Analysts with strong delivery experience of the Uncleared Margin rules (UMR), specifically the Initial Margin rules.

Successful candidates will leverage their expertise to help our clients define and deliver the full set of end-to-end Initial Margin changes.

ROLE DESCRIPTION (A SUBSET OF)

Detailed current state analysis

Scope impact assessment

Documentation of business requirements

Target Operating Model definition

Vendor RFP creation (possible)

Solution selection and design recommendations

Validation of IT functional design

Business process definition

Test script creation and test governance

Operational procedures creation

Input to project status updates

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

MUST-HAVE EXPERIENCE & SKILLS

Hands-on experience within previous UMR phases

Strong knowledge of the Initial Margin rules

Understanding of SIMM and GRID calculations

Strong knowledge of OTC bilateral derivatives collateral

Strong understanding of the end-to-end collateral operations workflow, IM & VM

Experience working with key Initial Margin vendors e.g. AcadiaSoft, TriResolve

Previous experience of the TriParty & Third Party Custody models

5+ years experience as a Business Analyst

Previous involvement within vendor selection processes

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)

DESIRABLE EXPERIENCE & SKILLS

Previous experience working as a consultant

Previous Project Manager experience

Strong knowledge of OTC derivative trading and end-to-end processing

Experience leading firms through custodian onboarding

Experience of UMR legal contracts, i.e. CSA/CTA/CSD, ACA, ECS, etc

Use the form below to register your interest, or reach out via info@margintonic.com to submit your CV.

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