Digital Assets Consultants
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.
Department
Consulting
Role
Business Analyst (UK)
Locations
UK
Remote status
Hybrid