At a Glance
- Tasks: Join us to tackle complex challenges in digital assets and drive transformation for top financial institutions.
- Company: Tonic Consultancy, a leader in innovative financial solutions.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and career advancement.
- Why this job: Be at the forefront of digital transformation and make a real impact in the finance industry.
- Qualifications: 10+ years in business analysis with expertise in digital collateral and transformation.
The predicted salary is between 70000 - 90000 £ per year.
We are looking for experienced Digital Assets Consultants, who are both a Collateral domain expert and Transformation specialist, to help on high-impact advisory and transformation engagements, partnering with leading financial institutions on some of the industry’s most exciting and innovative projects. This is a unique opportunity to play a key role in solving complex challenges, driving change, and delivering tangible value for high-profile clients.
Role Description
Tonic is searching for Consultants, with deep collateral domain and transformation expertise. Key tasks are included below.
- Digital collateral education
- Key tokenised collateral use cases
- Key market vendors
- Industry benchmarking
- Key challenges and solutions
- Contribution to thought leadership pieces
- Validation of collateral use cases, for new digital collateral service
- Pros & cons per use case
- Cost-benefit outcomes
- Presentation to management
- Target operating model design
- Business requirement definition
- Process breakdown
- Functional requirements
- Data requirements
- Non-functional requirements
- Detailed vendor analysis
- Vendor demos and workshops
- Vendor gap analysis, vs business requirements
- Solution design validation
- Business validation of IT solution design
- Creation of high-quality artefacts throughout, to be shared with multiple divisions across the client, to capture and communicate key information for successful implementation:
- Industry benchmarking
- Scope matrix
- Use case summary
- Business process flows
- Target operating model (IT, Data, Process, People, Governance)
Domain Experience - Must-have
- Experience in designing in key DLT Cap Markets Use Cases: E.g. Tokenised Collateral, Digital Cash, Digital Fund Issuance, Digital Securities Issuance, Crypto Custody
- Strong end-to-end operational process knowledge of multiple collateral products, including:
- Derivatives (OTC bilateral, OTC cleared, Listed derivatives)
- Sec Finance (Securities Lending & Repo)
- Strong end-to-end operational process knowledge, including best practice, across:
- Inbound data
- Margin call management
- Dispute management
- Substitutions
- Inventory management
- Rehypothecation
- Settlement
- Collateral optimization & analytics
- Reconciliations
- Client reporting
- Strong experience of different collateral asset types, including operational and legal considerations (Bonds, Equities, MMFs etc.)
- Deep knowledge of traditional collateral operating models, including:
- Bilateral model
- Triparty model
- Cleared model
Transformation Experience
- >10 years experience as a Business Analyst/Product Owner
- Experience of core Business Analyst/Product Owner tasks, including:
- Detailed analysis and presentation of findings
- Definition of business requirements across multiple streams
- Functional, data, non-functional
- Agile - Epics, user stories, acceptance criteria
- Assessing and selecting new technology vendor solutions
- Functional solution review and validation
- Target operating model design, across:
- Process
- Technology
- Data
- People
- Governance
- Controls
Other
- Confident and strong communicator, with all levels and types of stakeholders
- Ability to create high-quality transformation artefacts, as outlined above in the Role Description
- Business-focused, but able to work with technology, data, risk and legal teams
- Strong Microsoft Office application skills (Excel, Word, Powerpoint)
Desirable Experience & Skills
- Previous experience working for a financial services consultancy
- Experience in multiple transformation methodologies (Agile etc.)
- Collateral experience within both sell-side and buy-side firms
- Direct experience of DLT collateral operating models
- Understanding of custody operating models, including:
- Custody account structures, plus legal treatments of assets
- Books and records
- Strong knowledge of trading functions, including derivatives and securities finance
Use the form below to register your interest, or reach out via to our Talent Lead harry.allen@thetonicconsultancy to submit your CV.
Digital Assets Consultants employer: TONIC
At Tonic, we pride ourselves on being an exceptional employer, offering our Digital Assets Consultants the chance to engage in transformative projects with leading financial institutions. Our collaborative work culture fosters innovation and professional growth, while our commitment to employee development ensures that you will continually enhance your skills in a dynamic environment. Located in a vibrant area, we provide unique opportunities to contribute to thought leadership and drive meaningful change in the digital assets space.
StudySmarter Expert Advice🤫
We think this is how you could land Digital Assets Consultants
✨Tip Number 1
Network like a pro! Connect with industry professionals on LinkedIn and attend relevant events. We can’t stress enough how important it is to build relationships; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Showcase your expertise! Create a portfolio or a blog where you share insights on digital assets and collateral management. This not only demonstrates your knowledge but also positions you as a thought leader in the field.
✨Tip Number 3
Prepare for interviews by practising common questions related to digital assets and transformation. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Digital Assets Consultants
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in digital assets and collateral management. We want to see how your skills align with the key tasks mentioned in the job description, so don’t hold back on showcasing your relevant projects!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about digital transformation and how your background makes you the perfect fit for our team. Let’s see your personality come through!
Showcase Your Expertise:In your application, be sure to mention specific examples of your work with tokenised collateral or any relevant DLT projects. We love seeing concrete achievements that demonstrate your knowledge and problem-solving skills.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at TONIC
✨Know Your Digital Collateral Inside Out
Make sure you brush up on your knowledge of digital collateral, especially tokenised collateral use cases. Be prepared to discuss specific examples and how they can drive value for clients. This will show that you’re not just familiar with the concepts but can also apply them in real-world scenarios.
✨Showcase Your Transformation Expertise
Highlight your experience in transformation methodologies, particularly Agile. Be ready to share past projects where you’ve successfully implemented change, detailing your role and the impact it had. This will demonstrate your ability to lead and contribute to high-impact advisory engagements.
✨Prepare for Technical Questions
Expect questions about operational processes related to collateral products. Brush up on your knowledge of derivatives, securities lending, and inventory management. Being able to articulate best practices and challenges in these areas will set you apart from other candidates.
✨Craft High-Quality Artefacts
Since creating high-quality artefacts is a key part of the role, prepare examples of your previous work. Whether it’s a scope matrix or a business process flow, having tangible examples to discuss will showcase your skills and attention to detail, making a strong impression on the interviewers.