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Consulting · UK · Hybrid

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
Consulting · UK · Hybrid

Digital Assets Consultants

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