Senior Digital Assets Transformation Consultant

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

• 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 harry.allen@thetonicconsultancy to submit your CV.