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.